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The Howard and Georgeanna Jones Foundation for Reproductive Medicine
601 Colley Avenue
Norfolk, VA 23507
(757) 446-8932 phone, (757) 446-5905 fax
MAKING A GIFT OF SECURITIES
The Jones Foundation encourages gifts of appreciated securities. With a gift of securities that have been held for the required holding period, donors are entitled to a charitable deduction for the full fair-market value of the stock in the year of the gift. The fair market value of the gift is determined by the mean high and low sales prices on the date the stock is received by the Foundation. For additional tax implications, please contact your tax advisor.
Please follow these steps to make a gift of stock.
1. Notify the Foundation office at (757) 446-8932 of your intent. You may also email your intent to: mary.davies@hgjonesfoundation.org
2. Jones Foundation EIN: 54-1265842
3. Transfer through a brokerage house via DTC transfer. Our delivery instructions are as follows:
Morgan Stanley
DTC # 0015
Jones Foundation Account # 529-033280-040
Contact: Larry Burroughs, (757) 497-0061
Please remember that the stock will be sold by the Jones Foundation, and that the donor must not direct the broker to sell donated securities. Selling the stock prior to making the transfer could subject the donor to capital gains tax liability.
Please contact Mary Davies, Jones Foundation, (757) 446-8932, with additional questions.
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