Gifts of stocks, bonds, or mutual funds support NOVA’s work and provide advantages for you as a donor. Here’s what you need to know:
- You can donate appreciated stocks, bonds or mutual funds.
- The total value of the stocks is tax-deductible upon transfer.
- There may be no obligation to pay capital gain taxes on the appreciation.
Transferring Shares from a Brokerage Account
If the shares are held at a securities firm or other brokerage account, securities to be donated to Network of Victim Assistance should be delivered to Univest National Bank & Trust Company through the Institutional Delivery (ID) System of the Northern Trust Company.
Account Number: 17-95029
The Northern Trust Institutional ID: 28375
The Agent Bank #: 20290
The Agent Clearing (DTC): 2669
Instruct your broker to enter your name, as well as any other contact information that will help to identify your gift, into the “Text Comment” field of the DTC screen.
Your donated stocks will be sold immediately (through NOVA’s broker at Univest) for their market value at the time you transfer them to us. NOVA does not hold on to stocks.
We ask that you kindly notify NOVA of any gift of stocks or securities in advance by contacting Angela M. McGettigan, Director of Community Relations and Development at 215-343-6543 ext. 6601 or by e-mail at firstname.lastname@example.org. It is important that you notify NOVA so that your gift can be properly acknowledged. Any other questions regarding donations of stocks or securities can be directed to the Univest Foundation at 1-877-723-5571.
Please consult your financial planner or tax advisor to assist you in evaluating the tax advantages available to you when making a donation of stocks, bonds or appreciated securities.
Please contact Angela M. McGettigan, Director of Community Relations and Development at 215-343-6543 ext. 6601 or by e-mail at email@example.com.
Network of Victim Assistance (NOVA) is a 501(c)(3) organization. The official registration and financial information for Network of Victim of Assistance may be obtained from the Pennsylvania Department of State by calling 1-800-732-0999 within Pennsylvania. Registration does not imply endorsement. Donations are tax deductible to the fullest extent allowed by law. All donations to NOVA support our mission and are unrestricted unless otherwise designated by the donor. NOVA’s tax ID is 23-7438387.