Gifts of Securities

Giving securities is one of the most effective ways to give from a tax planning perspective. Giving publicly traded securities to Delbarton School that were purchased over a year ago and have increased in value can be an especially attractive way to fund a donation. A donor may benefit from a charitable deduction equal to the value of the securities. In addition to the tax deduction, capital gains tax is not due on gain in the donated securities.

Information for Electronic Stock Transfer to
Delbarton School

When making a stock or EFT gift, please remember to notify J. Craig Paris, Assistant Headmaster for Advancement, at Delbarton School, 230 Mendham Rd, Morristown, NJ 07960. He can be reached via e-mail at cparis@delbarton.org or by phone at (973) 538-3231 x3050.

 

When the stock is held by your broker or commercial institution:

Instruct your broker or commercial banker to transfer the shares of stock as follows:

DTC: 0226, National Financial Services
Further credit to account #: NYK-003640
Account Name: The Order of St. Benedict of New Jersey, Inc.,
DBA Delbarton School
Tax ID #: 22-1593525

 

For book entry government securities (Bills, notes, bonds, STRIPS, GNMAs, FNMAs), deliver to:

Bank of NYC/NRS
ABA Number 021000018
National Financial Services LLC
Further credit to account #: NYK-003640
Account Name: The Order of St. Benedict of New Jersey, Inc., DBA Delbarton School

 

Mutual Funds:

Please direct your broker (if funds are held in a brokerage account) or mutual fund company (if funds are held directly at the mutual fund company) to call the NFS TOA (transfer of assets) Receives Department using the Fidelity Clearing & Custody Solutions® support line at 877-262-5950.

Further credit to account #: NYK-003640
Account Name: The Order of St. Benedict of New Jersey, Inc., DBA Delbarton School

 

Wire Transfers:

To wire a cash donation please send your gift to:

TD Bank
Account Name: Delbarton School—Main Operating Account

 

Thank you for your support of Delbarton School.