All year-end stock gifts should be processed through your broker by December 15 to ensure that your gift is counted in the current calendar year.
Appreciated stock
Securities such as stocks and bonds can be used to make charitable gifts to North Cross. You are entitled to a charitable deduction (both income tax and estate or gift tax) equal to the mean trading value of the securities on the date of the gift. One of the principal benefits of a gift of securities is that any appreciation is exempt from capital gains taxes.
Transfer stocks by phone or email
Electronic transfer is the preferred and simplest method for stock transfer. First, notify Jennifer Burtch, Development Coordinator, in the Development Office, 540-989-6641, ext. 284 or jburtch@northcross.org. If this is not done prior to a transaction, the identity of the donor may be in jeopardy and the gift may not be received into our account properly.
Second, have your broker call or email Jodie Wertz at the Roanoke office of Morgan Stanley Smith Barney 540-983-4907 or Jodie.Wertz-sutphin@morganstanley.com to advise her of the symbol or security description, approximate number and value of shares you intend to give, and if you want the gift to be for any special purpose.
Please note in the memo line what the donation is for, if you have the option when you make the gift, i.e. Annual Fund, Capital Campaign, etc.
North Cross School’s account number is 936-107507-028 and our “DTC” transfer number is 0015.
Transfer stocks by mail
Stock certificates may be sent via certified mail to either Morgan Stanley Wealth Management or North Cross School.
To send the certificates to Morgan Stanley Wealth Management:
To send stock certificates directly to North Cross School
Securities such as stocks and bonds can be used to make charitable gifts to North Cross. You are entitled to a charitable deduction (both income tax and estate or gift tax) equal to the mean trading value of the securities on the date of the gift. One of the principal benefits of a gift of securities is that any appreciation is exempt from capital gains taxes.
Transfer stocks by phone or email
Electronic transfer is the preferred and simplest method for stock transfer. First, notify Jennifer Burtch, Development Coordinator, in the Development Office, 540-989-6641, ext. 284 or jburtch@northcross.org. If this is not done prior to a transaction, the identity of the donor may be in jeopardy and the gift may not be received into our account properly.
Second, have your broker call or email Jodie Wertz at the Roanoke office of Morgan Stanley Smith Barney 540-983-4907 or Jodie.Wertz-sutphin@morganstanley.com to advise her of the symbol or security description, approximate number and value of shares you intend to give, and if you want the gift to be for any special purpose.
Please note in the memo line what the donation is for, if you have the option when you make the gift, i.e. Annual Fund, Capital Campaign, etc.
North Cross School’s account number is 936-107507-028 and our “DTC” transfer number is 0015.
Transfer stocks by mail
Stock certificates may be sent via certified mail to either Morgan Stanley Wealth Management or North Cross School.
To send the certificates to Morgan Stanley Wealth Management:
- Do not write North Cross School’s name on the certificate
- Sign the back of the certificate
- Write a letter of instruction to Morgan Stanley Wealth Management stating your intentions for them deposit the stock into North Cross’s account (936-107507-028).
- Send to Jodie Wertz, Morgan Stanley Wealth Management, 10 S. Jefferson St., Suite 1700, Roanoke, VA 24011.
To send stock certificates directly to North Cross School
- A related stock power must be guaranteed by a bank officer or investment broker using the Medallion signature guarantee stamp.
- Do not sign or write anything on the stock certificate itself.
- Place the certificate and the stock power in separate envelopes to ensure security.
- Send to William Greer, Assistant Head of School for Advancement, North Cross School, 4254 Colonial Avenue, SW, Roanoke, VA 24018.
Give With Confidence
North Cross School is rated 100 out of 100 by Charity Navigator. Click on the image below to learn more.
North Cross School's Tax ID number is 54-0699572 and its Tax Exemption Number is SE540699572F02052020.