Making a Gift of Stock

Gifts of stock provide an easy and tax efficient way to provide for the school.

Stock Transfer Gift Instructions – If securities are held in donor’s name in a brokerage account or in street name: The donor should notify his broker, in writing, of his intention to make a charitable gift of shares of stock to The Greenwood School, Putney, Vermont (copy to The Greenwood School). Please instruct the broker to:

Transfer the securities electronically to The Greenwood School’s account at A.G. Edwards DTC 201, Account Number -- 374 049 836. (Our broker is Katherine Traver, and she may be reached at (800) 639-2220 or katherine.traver@agedwards.com. Please contact her prior to any transfer.)

If securities are in certificate form, held by and registered in the name of the donor:
Donor should hand-deliver or mail (registered mail, return receipt requested) to The Greenwood School at 14 Greenwood Lane, Putney, Vermont 05346 in two separate envelopes:

1. Stock certificate(s), accompanied by a letter indicating intention to make a gift of the shares of stock
   
2. Signed, "in blank" stock power(s), with signature guaranteed on power.

Please contact Stewart Miller, Headmaster. Phone: (802) 437-4545, ex. 105.

Planned Gifts

Planned Gifts provide future support to the school and often allow donors to make a larger gift than they would with an outright gift. See the Planned Gifts page for more information on these types of gifts.

Bequests:
The most frequently used planned gift option is a bequest in your Will. Charitable bequests are fully deductible for estate tax purposes.

Life Income Gifts:
Easily established, charitable remainder trusts, pooled income funds, and charitable gift annuities can offer you an immediate income tax charitable deduction. Frequently, these gifts receive favorable capital gains tax treatment.

Remainder Interest in a Personal Residence or Farm:
Such gifts can provide you with an immediate income tax charitable deduction, while you retain use of the residence or farm during your lifetime.

Life Insurance:
Paid-up life insurance is an asset that is often overlooked. You may make a gift of a paid-up policy or pay the premiums on a new policy where The Greenwood School is the owner and beneficiary.

Retirement Assets: A charitable gift of qualified retirement plan assets can reduce estate tax liabilities and benefit The Greenwood School at the same time.

Real Estate:
While considered an outright gift, donations of real estate require advance planning and careful attention to detail. Greenwood’s Development Office is happy to assist with these transactions.

We are grateful for the many planned gifts The Greenwood School has received from its alumni and friends.

Tax Consequences:
The school cannot assure the tax treatment of gifts made to Greenwood. All donors should confer with their tax advisors before making a gift to inquire as to tax deductibility and treatment.