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How To Donate Stock

How to Donate Stock

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 the 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 are 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. 

Stock in the Church Name

The following documents need to be completed in order to sell shares that are registered in the name of the church:

  • Corporate Resolution - provides names of officers authorized to sign on behalf of the church, signed by the corporate secretary.
  • Stock Power - signed by two people whose names have been approved on the Corporate Resolution; cannot be signed by the corporate secretary if secretary signed the Resolution.
  • Letter of Authorization - authorizing Florida Baptist Foundation to sell shares for church and issue check to church for proceeds.

Please send completed forms along with the stock certificate to the Florida Baptist Foundation.

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

When the sale is complete, a check will be sent to the church.

For more information or assistance, please contact us via e-mail.