Stock Donations
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
DTC #: 0443 Pershing LLC
For credit to WAB007915
Please call Hannah Bode (918-337-4301) or email her at hbode@arvest.com to notify her 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 Hannah Bode (918-337-4301) or email her at hbode@arvest.com to notify her 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