Memorial Health Care System Foundation can accept electronic stock transfers. It is the policy of Memorial Foundation that all gifts of stock will be sold immediately. Memorial Foundation will be issued a check 3 days after the sale of the stock minus any minimal fees.
A statement will be issued to the donor proving all necessary information for IRS tax deduction purposes. Memorial Health Care System Foundation is a 501(c)(3) organization and all contributions are tax deductible to the full extent allowed by law.
Electronic Stock Transfers
The donor must give instructions through a broker to transfer the stock to Memorial Foundation through Benjamin F. Edwards & Co. at DTC# 0443 and to account #EBR314155.
Either the donor or the donor's broker should notify Memorial Foundation of a gift being made by stock transfer so that we may notify Benjamin F. Edwards and ensure a timely sale of the stock.
Memorial Health Care System Foundation
Benjamin F. Edwards & Co.