Gifts of publicly-traded securities that have appreciated over time allow you to claim a charitable deduction for the full fair-market value of the stock in the year the gift was made. Gifts of securities may be made by:
- Electronically transferring the securities from your brokerage account to one maintained in the name of Norfolk Academy (Brokerage Firm contacts), or
- Delivering the securities to the School along with a signed stock power form.
For more information and to notify us of your intent, contact Kelly Becker at 757-452-6764 or firstname.lastname@example.org. Please include a description of the stock to be transferred, the number of shares, the brokerage company, and the desired purpose of the gift (Security Transfer Sheet).