Gifts of Stock
The Club welcomes donations of securities, including stock and mutual funds. Appreciated stock donations may help you avoid capital gains taxes and can help reduce your income tax burden.
To make a stock gift, notify your broker that you wish to transfer securities into The Commonwealth Club's account with Merrill Lynch. You will need to give your broker the following information:
Company: Merrill Lynch, Pierce, Fenner & Smith Incorporated
DTC Clearing #: 5198
Merrill Lynch Account Title: THE COMMONWEALTH CLUB OF CALIFORNIA
Merrill Lynch Account #: 6EW-03213
Attention: Edward C. Rice
If you have any questions, please feel free to contact The Club's Vice President of Development and Membership at the address listed below.
It is very important that you notify The Commonwealth Club about the gift transaction at the same time you instruct your broker to transfer securities into our Merrill Lynch brokerage account.
In order for us to properly receive the gifted shares into our account and to provide an accurate and timely acknowledgement for your tax records, please send us:
- A concurrent notification with the donor's name
- The type and number of shares being transferred
- The name and phone number of the donor's broker
This notification should be sent to:
Vice President of Development
The Commonwealth Club
555 Post Street
San Francisco, CA 94102
Phone: (415) 597-6726
Fax: (415) 597-6729