Support: Gifts of Stock
 /  Gifts of Stock

Gifts of Stock

The transfer of stock from a donor to The Chester Fund is a fairly simple transaction.

Fidelity Bank serves as the main brokerage firm. The donor will need to work directly with his or her broker to initiate a transfer of stock to the The Chester Fund. If the donor holds certificates, it is best if those certificates remain unendorsed and the donor completes a separate stock power form authorizing transfer of ownership from the donor to The Chester Fund.

Tax Deductible Giving

For a gift of appreciated securities, a donor is entitled to an income tax deduction for the full fair market value of the securities up to 30% of adjusted gross income, with any balance carried forward up to an additional five years. In order for the gift to be fully deductible, the donor must have held the asset for more than one year. The value of the gift is the average of the high and low market prices on the date the securities are transferred to The Chester Fund.

How to start

Please contact The Chester Fund office for stock transfer instructions and account information.

The Chester Fund
Attn: Amy Komarnicki
1500 Highland Avenue
Chester, PA 19013

akomarnicki@thechesterfund.org

For proper crediting in our office, kindly notify Amy Komarnicki in writing with the name of the security, number of shares, date of the gift, and if your gift is restricted to the capital campaign or a specific program.

Gifts received without instructions will be designated to the annual fund for general program support.

The Chester Fund for Education and the Arts supports The Chester Charter School for the Arts (CCSA), an arts-integrated, academically rigorous, non-profit public charter school in the Chester Upland School District.
EIN: 20-3297449

The Chester Charter School for the Arts prepares children to employ their intellectual and creative powers to enrich their community.

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