How to give securities held by your broker:
1. Instruct your broker in writing to transfer a specific gift amount to Gilman School.
2. Instruct your broker to contact the Development Office upon receipt of your letter for specific DTC instructions.
Gilman School’s Federal Tax ID #: 52-0591604
Gilman School’s Acct. # at Brown Advisory Sec., LLC.: 3698-6342
DTC #: 0141
Gilman’s Broker:
Carly Neidecker
410-895-4888
3. Send a copy of your letter to the Development Office (address below).
How to give securities held in your possession:
- Mail unendorsed certificates to Gilman’s Development Office (address below) with a short letter of intent.
- Obtain a stock power from your broker with your signature guaranteed.
- Under separate cover, mail the stock power to Gilman with a copy of your original letter of intent.
You will receive full tax deduction for the market value of securities given. This avoids any capital gains tax you would incur in selling appreciated securities as long as they have been held for one year.
Giving Securities while Retaining Life Income
You may also make a gift of securities through a trust arrangement and receive income during your lifetime or the lifetime of your designated beneficiary.
Consult your tax and financial advisors to determine which plan is best for you, or call Gilman Director of Development Heather Harlan Warnack at 410-323-7178.
