Stock Transfers

 
Gifts of stock, bonds and mutual funds are a tax-efficient method of making charitable contributions. You receive an income tax deduction for the fair market value of your stock on the date of your gift and bypass all capital gains taxes that would have been due if you sold the stock first.

 

The easiest way to make a gift of stock to The Delta Chi Educational Foundation is by electronic transfer.

1. Call get the proper account number
  Call Mike Moskos tollfree 1-866-214-8114 at the DCEF office;
   

Inform us of your gift with:
a) Your name,
b) the name of the stock(s) and the number of shares,
c) the date of your instructions to your stock broker,
d) the name of your broker and contact info,
e) if your gift is designated for a special program (E-Chi or CSA accounts).
or
  Call Cathy Wright at the Mockovciak Investment Group, (a division of Robert W. Baird & Co.) 1-800-443-1617 and then
   

Fax us a letter at 812-372-1469 from you to theDCEF office informing us of your gift with;
a) Your name,
b) the name of the stock(s) and the number of shares,
c) the date of your instructions to your stock broker,
d) the name of your broker and contact info,
e) if your gift is designated for a special program (E-Chi or CSA accounts).
   

2.

 

 

 

Provide written instructions for your broker to make a transfer to The Delta Chi Educational Foundation specifying the name of the stock and the number of shares to be transferred. If you inform the broker verbally, it is advisable to follow up in writing.

Please authorize your broker to give us your name, name of stock, and number of shares being transferred so that you may receive the proper credit.
   

3.

Your broker will need the following routing information to transfer stock into the proper account:
 

Robert W. Baird & Co., Inc.

DTC: # 0547

FBO: Delta Chi Education Foundation

Account Number:

 

 

This is the only way our broker can determine that the stock arriving in our account belongs to you and can advise us accordingly to give you substantiation for the gift.

The date of your gift is the date on which you deliver your certificates and stock powers to a The Delta Chi Educational Foundation representative, the postmark date (if mailed), the date the certificates are transferred into The Delta Chi Educational Foundation name, or the date on which your electronic transfer is received into The Delta Chi Educational Foundation account.