Stock Transaction Procedure
Stock Donation Procedures
Whether you are considering paying the balance of your pledge commitment or contemplating paying future pledge commitments, you might want to do so by donating stock. The stock transaction arrangement we have been using through the Episcopal Diocese of Connecticut is no longer operational. Now we will be directing our stock donations through TD AMERITRADE in
Effective immediately, any parishioner wishing to donate stock to St. Mark’s should follow these procedures:
1. Advise Dick DePatie, Parish Administrator, or Nadia Cwiach, Financial Secretary, at the Parish Office (966-4515), that you have decided to make a stock gift to St. Mark’s. Give the name of the stock and the number of shares to be donated. With this information, we can track the transaction.
2. You will be given the Account Number and the DTC Number by either Dick DePatie or Nadia Cwiach. These numbers are needed by your broker.
3. Your broker then contacts TD AMERITRADE,
the pertinent information and the stock will be sold. We should
note that stock transferred electronically will incur lower fees – producing more funds for St. Mark’s.
4. Proceeds from the sale of the stock will then be sent to St. Mark’s.
Here are some other details about our broker:
Ø Stock brokerage firm: TD AMERITRADE,
Ø Broker contact: David Messina
Ø Telephone: (203) 325-5291; Fax: (203) 325-5299
Ø E-mail address for broker: david.messina@tdameritrade.com
This is a wonderful way to meet your stewardship obligations. Be sure, however, to follow the instructions described above.
