Donating stock is an easy and effective way to support EFMK! Stock donations may also provide an opportunity to increase your gift to the Foundation while realizing additional tax benefits. Please consult your broker or tax advisor to determine if a stock donation is right for you.
To make a stock donation, most people transfer the stock directly to EFMK as described below rather than selling it. This allows you to claim a charitable contribution in the amount of the average of the high and low stock price on the day of the transfer to EFMK. EFMK will be responsible for any fees related to the sale of the stock. Below is information on making a gift to the Foundation using a stock transfer:
IF YOU DO NOT HAVE PHYSICAL POSSESSION OF THE STOCK CERTIFICATE
STEP 1:
Send a letter to your broker to authorize the electronic transfer of stock as a contribution to the Epilepsy Foundation of Missouri and Kansas. Include the following details in your letter: name of stock, number of shares, expected date of transfer, your mailing address, and your work and home phone numbers. The account information for receipt of stock transfers is:
LPL Financial
Joe Roddy, CFP
Phone: 314-492-5999
Account Number: 0075 / 3053-6771
STEP 2:
For acknowledgment and tax purposes, please send a copy of your letter to the Epilepsy Foundation of Missouri and Kansas. You can email a copy of your letter to Laura Roeseler at lroeseler@efmk.org or you may mail the copy to Laura Roeseler, Epilepsy Foundation of Missouri and Kansas, 222 S. Meramec Ave., Suite 202-1050, St. Louis, MO 63105.
STEP 3:
After the stock is received, the Epilepsy Foundation of Missouri and Kansas will send you a confirmation letter, which may be used for tax purposes.
IF YOU HAVE THE SECURITIES IN A CERTIFICATE FORM
STEP 1:
If you want to donate stock certificates that you have in your possession, please call Laura Roeseler at 314-449-9456 to coordinate the transfer. For security purposes it is important that you do not endorse the stock certificate itself before sending it to the Epilepsy Foundation of Missouri and Kansas. We will supply you with a separate stock power to process the transfer and sale of the certificate.
STEP 2:
Send the original stock certificate and the stock power for processing to Laura Roeseler, Epilepsy Foundation of Missouri and Kansas, 222 S. Meramec Ave., Suite 202-1050, St. Louis, MO 63105. We recommend the stock certificate and the stock power be sent separately by certified or registered mail for your protection.
STEP 3:
We will sell the stock and give you credit for the average of the high and low stock price on the day you mailed or delivered the stock certificate. After the stock is received, the Epilepsy Foundation of Missouri and Kansas will send you a confirmation letter which you can use for tax purposes. Should you encounter a problem such as: a rejection of stock, wrong account number, etc., please contact Laura Roeseler at 314-449-9456.
Thank you for helping the Epilepsy Foundation of Missouri and Kansas!