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Stocks and Securities

A gift of appreciated stocks, bonds, mutual funds and other securities can benefit AFC while providing you with a charitable tax deduction. In addition, by making a gift of appreciated securities, you may avoid capital gains taxes. In order to initiate a charitable securities transfer please:

 

  1. Call Edward Wagner, Chief Officer of External Relations at 312-334-0922 or email ewagner@aidschicago.org. Please provide:
    • Your name, address and phone number
    • The name of the stock
    • The number of shares contributed
    • The approximate date the transaction was made or will be made

This will ensure that we correctly credit the gift to you and our bank is aware of the stock transfer.

  1. Ask your stockbroker or bank to deliver the stock or securities to:
    • Bank Name: Bank of American Merrill Lynch
    • Account Name: AIDS Foundation of Chicago
    • Account number: 661-02445
    • DTC Number: 5198

It can take up to several weeks for the stock to be credited to our account and for us to receive notice. When we get notice that the stock has been received, we will generate an acknowledgment letter that includes the number of shares, stock name, and the date the stock was received. AFC encourages you to consult with your financial advisor when making a gift of stock.