DONATING STOCK TO YOUR CHURCH OR ANOTHER MINISTRY

 

STOCKS HELD BY A BROKER:

 

 

  • Donor should send a letter to the Florida Baptist Foundation notifying them of the donor’s intentions (name of stock/fund, number of shares, name and address of the beneficiary Church/Ministry, and approximate day the transfer will be made). (Click here for a Sample letter).  This letter should be faxed and then the original be mailed.  You may also advise us if there is to be any special designation for the proceeds to the Church/Ministry in your letter.
  • Donor should instruct his/her broker to forward stock or fund to:
            Fidelity Investments   DTC #0226
            For account of Florida Baptist Foundation
            Corporate Special Account # 179-342351
            Attn: Ross Roggensack, Oak City Consulting, LLC   (919) 844-6450

 

Information needed from the Transferring Firm:

Contra account number:
Contra account name:
DTC #:   

Once we receive the gift letter from you and the stock/fund shares are transferred into the Foundation’s account, we will notify Mr. Roggensack/Fidelity Investments that the stock/fund shares are to be sold immediately and the proceeds will be sent to the Church/Ministry.

 

STOCKS HELD BY THE DONOR REGISTERED IN THE DONOR'S NAME:

  • Mail signed stock certificates (or unsigned stock certificate with a signed stock power, sent under separate cover) along with a letter to the Florida Baptist Foundation stating intention to make this gift to your church/ministry. ( See Sample gift letter) ( Do not put any name in the blank on stock power that asks you to appoint an attorney to transfer the stock.)

 

  • Once the gift letter and stock is received, it will be sold by the Foundation broker, the proceeds will be sent to the beneficiary church/ministry. 

 

  • Florida Baptist Foundation does not charge a fee for this service. There is a flat transaction fee charged by Fidelity Investments.  This is an institutional level fee, based upon the brokerage relationship of the Foundation and the consultant. 

For more information, please contact us via e-mail or at the following address:

Florida Baptist Foundation
PO Box 23069
Jacksonville, FL 32241-3069
(800) 780-0325 ext. 228
(904) 345-3228
Fax (904) 346-0414

 


Customer Service

  • Tollfree1 800 780 0325
  • Tel904 346 0325
  • Fax904 346 0414

How to find us

  • Florida Baptist Financial Services
  • PO Box 23069
  • Jacksonville, FL 32241-3069