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 Rob Cottle VP for Advancement at firstname.lastname@example.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
767 Fifth Avenue , 7th Floor
New York , NY 10153
Financial Advisor - Chris Faggioni
Telephone – (631) 361-3233
email - email@example.com
Sr. Registered Client Associate - Dianna E. Gentile
Telephone - (631) 361-3258
email - firstname.lastname@example.org
fax (631) 456-4875
DTC # 8862
Fairfield Prep Account: 39G02030
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.