Securities

Contributing appreciated securities to Fairfield Prep is an ideal way to make a gift.  If the security has been held for at least one year, the donor may be eligible for an income tax deduction of the full market value.  In addition, the donor may avoid any capital gain tax.  Please consult your tax advisor for information regarding your own personal situation.

For other donor-friendly gift arrangements please contact the Fairfield Prep Development Office at (203) 254-4237, or email Colleen Claflin, AVP for Advancement at cclaflin@fairfieldprep.org.

Electronic transfers of stock can be made by your broker to Fairfield Prep's brokerage account using the information below:

Merrill Lynch, Pierce, Fenner & Smith Incorporated
100 Jericho Quadrangle, Suite 242

Jericho, New York 11753

 

Financial Advisor – David Leiman
Telephone: 516-827-3215
Email: david_leiman@ml.com

Registered Sr. Client Associate – Dianna E. Gentile
Telephone: 516-827-3249
Email: dianna_gentile@ml.com  
Fax: (631) 456-4875

DTC # 8862
Fairfield Prep Account: 78702329
Reference: (Donor Name)

Please contact the Development Office at (203) 254-4237 promptly to notify us of a stock transfer so we can correctly record your donation. Our brokerage firm does not receive your name or specific instructions regarding your gift.

Your gift is considered made on the date that the securities pass unconditionally out of your control. For listed securities, the value of the gift is the mean between the high and low quotations on the date that the gift is made. Fairfield Prep normally records the gift at this value and provides acknowledgement of the receipt of the gift.