Donating Stocks or Securities

Donating appreciated securities is an excellent way to support Cape Cod Healthcare. If you own stock or mutual fund shares that have appreciated in value, you can donate these shares and not have to pay any capital gain tax on your “paper profit.” And you can take a federal income tax charitable deduction for the full appreciated value of the securities, subject to some limitations, if you have held them for more than one year.

Cape Cod Healthcare Foundation prefers to accept gifts of stock that have been electronically transferred directly into our brokerage account.

Transferring Stocks and Securities

Please instruct your broker to transfer the shares you would like to donate to our account at Ameriprise Financial Services, Inc. Contact us directly for our Account and DTC number.

Sending Certificates

If the securities you wish to donate are currently held in certificate form, please send them unendorsed with a note stating the gift restriction to the attention of:

Alfred P. Schofield
Ameriprise Financial Services, Inc.
1284 Main Street
Osterville, MA 02655

Please do not fill in any other information on the stock power form. Cape Cod Healthcare Foundation will credit the gift at the mean value on the day of irrevocable transfer to our account at Ameriprise Financial Services, Inc.