Stock Transfer Form
Please follow these steps to notify Jacob’s Well of your donation:
1. Contact your broker to initiate the transfer of your securities to Jacob’s Well (see information in the Electronic Transfer Information section below).
2. Please complete this form at the time of the gift transfer so we can accurately identify, allocate, and acknowledge your gift. Send this form to:
Jacob’s Well
Katy Kennedy
3751 17th Avenue South
Minneapolis, MN 55407
Phone: 612-822-0300 or email the information to
Your name and address:
______
______
______
Securities Gifted:
Number of shares _____ Name of securities ______
Date of transfer______
Special Instructions/designation ______
Transferring Broker ______Company______Phone ______
Electronic Transfer Information:
Jacob’s Well Brokerage Account
Wells Fargo Advisors
DTC #: 0141Account #: 5530-8491
If you are sending a Letter of Intent (LOI) to your broker, please list your gift as a charitable donation to Jacob’s Well, a non-profit corporation (Fed Tax ID 16-1779569), and use the mailing address, phone number, and fax listed below. Here is an example for your use.
Wells Fargo Advisors
Attn: MAC H0006-094
1 North Jefferson Avenue
St. Louis, MO 63103
Phone = 1-800-872-3377
Fax = 1-800-433-0738
Stock Transfer Form – cont’d
Valuation
The value of your gift will be the average of the high and the low trading prices on the date we receive your gift. The date of gift is the day Jacob’s Well assumes ownership of the security.
Benefits
Your gift may provide you with federal and state income tax benefits:
- If you itemize deductions on your federal income tax return, you may be able to deduct your contribution to Jacob’s Well from your adjusted gross income. In addition, gifts of appreciated property avoid long term capital gains tax. Check with your tax advisor for deduction and capital gains tax requirements and limitations for your situation.
- Your state may also allow a credit or deduction so you should ask your tax advisor.
If you have a question for Wells Fargo Advisors, please contact Jason Matthews at 1-855-229-1726 x192586 or the customer service line at 1-800-872-3377.