CHI Memorial 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. CHI Memorial 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.
CHI Memorial Foundation
Benjamin F. Edwards & Co.