Giving Options

Certificate(s) Held By You

You may send your stock certificate directly to Blair unendorsed.

If the certificate is in your name, enclose in one envelope the certificate(s) in blank form. Do not place any endorsement or assignment language, or any other written notations, on the certificate(s).

In a separate envelope, mail an equal number of signed stock powers. (See Attached) Do not complete any other information on the stock power other than your signature and the date. Be sure to sign the power exactly as your name appears on the certificate or bond.

Also enclose a Letter of Authorization stating the purpose of your gift and authorizing Blair’s broker to deposit the security into Blair’s account. (See Attached)

Your bank or broker can supply you with blank stock powers, or you may fill out the attached Stock Power and Letter of Authorization. Do not fill in Blair’s name as transferee on either the stock certificate or the stock power, and please do not send stock certificates to a transfer agent for transfer into Blair’s name.

Mail to:
Susan N. Staats
Development Associate for Major Gifts
Blair Academy
Post Office Box 600
Blairstown, New Jersey 07825

Important Things to Remember:

If you electronically transfer securities, Blair has no way of knowing who the donor is. Please write to Susan Staats or call and give the following information:

• The Number of Shares and Name of the Securities
• The EXACT date of transfer (See Valuation and Date of Gift below)
• Where the proceeds from the sale of the stock are to be allocated
• For allocation suggestions, please contact Susan Staats

Valuation and Date of Gift
For listed securities, the IRS uses the mean market value, which is the average of the high and low quotations on the date you make your gift. Your gift is considered made on the date you relinquish total control of the stock. That date is as follows:

• By Mail: The gift date is the postmarked date on the envelope containing the stock certificate(s) and properly executed stock power(s).
• By Third Party (UPS, FedEx): The gift date is the date Blair Academy signs for the package. This is different from Postal Service delivery because once you postmark a document, you cannot retrieve it. When you send something by a third party, you have the right to stop the delivery until someone actually signs for it.
• By Electronic Transfer: The gift date is the date the stock is deposited into Blair Academy’s account — meaning one under the control of Blair Academy or its authorized agent. It is not the date a broker puts the stock into a “temporary” gift account or “holding” account.

Depreciated Securities
If you hold securities that have declined in value, it is advisable to sell the securities to establish a tax loss and then donate the proceeds to Blair.

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