Stocks, Mutual Funds, and Other Transfers
Gifts of appreciated securities, such as stocks and mutual funds, that have been held for over a year are a wonderful way to support Piedmont while potentially realizing important benefits for yourself:
- Reduce or avoid paying capital gains tax
- Receive an income tax deduction for the full fair market value of the securities
- Rebalance your investment portfolio
- Electronic transfer from your bank or brokerage is easy!
How to Donate Stock
Instruct your broker to transfer shares to Piedmont Healthcare Foundation (Federal Tax ID: 58-1272768). Your broker should contact Truist Bank by calling (404) 724-3556 or via email at TruistBankGiftClearing@Truist.com.
- For transfer of DTC eligible securities:
Participant Number: 2039
SEI Private Trust
Account Number: 7942201
- For transfer of physical securities*:
Truist Bank
Physical Custody, Mail Coded 803-05-15-10
303 Peachtree Street, NE
15th Floor, Suite 1520
Atlanta, GA 30308
*Please reference account #7942201 and Piedmont on the documentation accompanying the stock certificate(s).
How to Donate Mutual Funds
Contact your mutual fund company about the process of transferring mutual fund shares. A special form and signature guarantee will likely be required by them to initiate a charitable transfer. Contact Truist Bank by calling 404-724-3556 or via email at TruistBankGiftClearing@Truist.com to complete the transfer. Because the process of transferring mutual funds typically takes 2-4 weeks, we recommend beginning end-of-year transfers in November.
How to Wire Cash
Truist Bank
Payee – Piedmont Healthcare Foundation
ABA - 061000104
A/C – 1000214910720
Swift Code for international donors – BRBTUS33
*Please include donor name and any other identifying information in reference details
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Once your gift is made, please contact the Foundation to ensure proper crediting and designation of the gift:
Anna Johanson McConnie – Director, Business Operations & Grants
2001 Peachtree Road NE Suite 400, Atlanta, GA 30309
Phone: (404) 605-2867 Fax: (404) 609-6758
Email: anna.johansonmcconnie@piedmont.org
By donating appreciated securities, your generous contribution shows you care deeply about the people whose hearts and lives Piedmont touches every day. Thank you!