Gifts of Securities
A gift of appreciated stock helps support the Dakin Pioneer Valley Humane Society while providing significant tax advantages. When you give stock, you receive a tax deduction for the stock’s full market value—while avoiding capital gains tax on its appreciation.
How to Make a Gift of Appreciated Securities
If your securities are held in book-entry by a broker or bank
Please notify Pat Ford Yurkunas at Dakin Pioneer Valley Humane Society and inform her of the name and quantity of the securities you are contributing. You can reach Pat by phone at (413) 548-9898 X6. It is important to know a day or so before the transfer will take place so that we can contact our broker, Gage-Wiley & Co., Inc. They will then be able to verify receipt of your shares promptly and DPVHS can acknowledge your gift in a timely manner.
Your broker or bank will need the following account information:
First Clearing Corporation
DTC # 0141
Credit: Dakin Pioneer Valley Humane Society Inc Restr.
A/C 3981-6746
If you hold a security in certificate form
Please call Jane Moss or Karen Curran at Gage-Wiley, (413) 584-9121, for assistance in gifting stock held in certificate form. It is very important that transfers of physical certificates are processed in a specific manner to avoid delays in completing your gift.
Please do not re-register the shares into the name of the Dakin Pioneer Valley Humane Society. The transfer will be authorized by a letter of instructions and Stock Power signed by the registered owners listed on the certificate. Gage-Wiley will prepare the letter and provide the form for you.
Donating mutual fund shares:
Please call your mutual fund company for assistance in gifting mutual fund shares. Shares of most mutual funds must now be transferred directly into a new account at the fund company in the name of Dakin Pioneer Valley Humane Society rather than directly transferred to the Dakin Pioneer Valley Humane Society’s brokerage account. The process is quite different than as described for book-entry shares and may take 3 to 4 weeks to accomplish. DPVHS works directly with the fund company to effect a sale and remittance of the gift and its valuation.