Gifts of appreciated securities are a smart and simply way to maximize the effectiveness of your charitable giving.  If stocks or mutual funds* you have held more than a year have increased in value, you may want to consider a gift of these assets, rather than cash.  By transferring ownership of your long-term stock to Boys & Girls Club of Bartlesville, you make a gift to support our mission, avoid the capital gains tax you would pay if the stock were sold, and you may claim a charitable income tax deduction for the current fair market value of the asset.

*Does not apply to tax-exempt retirement plans (ie., IRAs, 401(k)s, etc.)

To make a stock transfer:

To transfer stock from your brokerage account to Boys & Girls Club of Bartlesville, simply instruct your broker to electronically transfer your securities out of your account into the Boys & Girls Club’s brokerage account (held at Arvest Wealth Management) and provide the following information below:

Arvest Wealth Management/Wells Fargo Clearing Services

DTC #: 0141

For credit to Boys & Girls Club of Bartlesville (Tax ID 73-0618201)

Account #: 1351-1012

 

Please call David Nelson (918-337-4304) or email him at dmnelson@arvest.com to notify him of the upcoming transfer. Provide the following information:

Number of shares being transferred

Name of security being transferred (company name and trading symbol)

CUSIP number

Name and telephone number of the individual broker representing the transfer

 

To make a gift from your mutual fund:

Please call David Nelson (918-337-4304) or email him at dmnelson@arvest.com to notify him of the upcoming transfer. Provide the following information:

Number of shares being transferred

Name of mutual fund being transferred (company name and trading symbol)

CUSIP Number

Name and telephone number of the individual broker representing the transfer