For securities held by your bank or broker, we recommend an electronic transfer via the Depository Trust Company (DTC) system. Please give your bank or broker the following information:
PLEASE also let us know that you have made a gift. We need your name, your bank or brokerage's name and phone number, the name and/or ticker security of the security, and the number of shares. If you do not let us know that the gift is coming, it is quite possible that we will not know who sent the gift and will not be able to acknowledge you properly.
Please note that if you make the gift through your broker, it can take up to three months for us to receive the proceeds and provide you with an official acknowledgement letter. We have such low volume of stock gift receipts that our broker sends us statements only quarterly, and we can only ask for stock received to be sold after having received a quarterly statement. There are also brokerage and bank fees involved, which will not affect your donation credit but will affect how much ETC receives. If you want to avoid these situations, it may be best for you to do what some of our supporters do: Sell the stock on your end and have your bank or brokerage send us a check for the net amount. (You will, of course, want to check the tax implications of doing it that way.)
Any way you choose to do it, please know that we are grateful! If you have any questions, please contact ETC at (607) 272-1176. Thank you for your support!