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Checks
1. Checks MUST be made payable to:
The Greater Cincinnati Foundation
You may put the name of the specific fund in the memo line of your check or "to be used for the benefit of the community" if your gift is unrestricted. Checks made out only to the name of the fund will not be accepted by our financial institutions. 2. Send checks to:
The Greater Cincinnati Foundation
P.O. Box 5200
Cincinnati, Ohio 45201-5200 Stock Gifts
If you hold physical certificates, they need to be personally delivered to The Greater Cincinnati Foundation.
If the stock was issued in the name of the donor, the donor needs to sign a stock power for each certificate(s) delivered. (It should be signed exactly as the stock is issued.) If the stock will be mailed, the certificate(s) should be mailed in an envelope separate from the stock powers. Do NOT sign the back of a physical certificate. Stock may be issued in the name of The Greater Cincinnati Foundation and delivered to GCF. If the stock is held at a brokerage firm:
The Greater Cincinnati Foundation maintains accounts at many brokerage firms, banks and investment institutions for the purpose of facilitating stock gifts. It may be possible to transfer the stock to the GCF account at the brokerage firm. If you wish to transfer stock from a brokerage account, please contact a member of the Advancement staff for specific instructions. For all stock gifts, it is best to inform GCF that the gift is in progress. That way, GCF can follow up to make certain that the gift reaches the appropriate fund. Please contact Lisa MacDonald, at (513) 241-2880. The date that the control of the stock is transferred is key to determining the tax deduction for the gift. In addition, be sure to indicate the fund to which a stock gift should be added.
Also note: it is the policy of The Greater Cincinnati Foundation to sell all gifts of stock and add the proceeds to the fund.. |
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