Gifts of Appreciated Securities

How It Works

1. You can send unendorsed stock certificates by registered mail or instruct your broker to make the transfer from your account to our account
2. You receive an income-tax deduction
3. Nichols may keep or sell the securities

Benefits

• You may receive a federal income-tax deduction for the full fair-market value of the securities
• You avoid long-term capital-gain tax on any appreciation in the value of the stock
• Your gift will support Nichols as you designate

Special note: You should call or e-mail us to tell us of your intent, and we will be able to assist you with the details of the transfer.

Brokerage Information:

A gift of appreciated securities you have held for more than one year is frequently the most economical way to give. Gifts of stock may be transferred to one of our preferred partners using the following information.

Affleure Financial
Account Name - Nichols School
Account # - HDQ-348848
DTC #0226
Account Custodian: National Financial Services
Broker/Dealer Commonwealth Financial Network
Contact Tarik Kawi
(716) 881-9000

Trubee Collins & Company
Account Name - Nichols School
Account # - #6150-4729
DTC #0141
Contact Michael Sheets
1350 M & T Plaza
Buffalo, NY 14203
(716) 849-1475

Merrill Lynch
Account Name - Nichols School
Account # - 81C-04066
DTC #8862
Contact Tim Kane
6245 Sheridan Drive, Suite 300
Williamsville, NY 14221
(716) 635-4360

Morgan Stanley/Smith Barney
Account Name - Nichols School
Account # 828-119367-403
DTC #0015
Contact Chris Malof
50 Fountain Plaza, Suite 800
Buffalo, NY 14202
(716) 849-4800

More Information