Giving a gift of publicly traded stock that has increased in value and that you have owned for more than one year may provide greater tax benefits than giving cash. Your broker can assist you in making a gift of stock via a direct transfer to the Clay Center. The following information will ensure that your gift is received and acknowledged appropriately.
Electronic Transfer of Stocks & Securities
Electronic or Depository Trust Company (DTC) transfer of stock through a broker can be made through the following accounts held by the Clay Center:
FFC Truist Bank
*Include the following:
- Truist 10-digit Client Account Number: 1252002932
- Account Name: Clay Center for the Arts & Sciences
- Donor Name
Legal Name and Address
Clay Center for the Arts & Sciences of West Virginia Inc.
One Clay Square
Charleston, West Virginia 25301
Federal Tax ID #: 55-0702401
Electronic transfers DO NOT indicate the donor’s name when they reach the Clay Center. Please send an e-mail to Kathy Bush, VP of Development, at firstname.lastname@example.org, and provide the donor’s name and details of the securities contributed, so that we may properly acknowledge your gift and forward information regarding your tax deduction.
For more information or for instructions on handling gifts of physical stock certificates, please contact:
W. Marston & Katharine B. Becker VP of Development
304-561-3588 | email@example.com