JOIN US - Donate Stock/Gifts of Securities to PRC

Gifts of appreciated securities offer the donor the opportunity to make a substantial gift to Passaic River Coalition (PRC) and avoid capital gains taxes. The donor can also use the gift as a charitable tax donation.

The process for transferring appreciated stock to PRC is quite simple. The first step is to notify the PRC development office of the intent to make the gift along with the intended purpose of the gift. Donations may be restricted for use in a particular program or for general operating uses.

Upon notification of an impending securities gift, PRC will contact the donor with details for submitting the transfer either in person, through the mail, or electronically.

    or you can follow simple steps below

1. By certified mail, return receipt requested, send unendorsed certificate to Joseph J. Filippone, Treasurer, Passaic River Coalition, 94 Mt. Bethel Road, Warren, NJ 07059.

2. In a separate first class envelope, send to the same address a stock power form for each certificate, signed exactly as your name appears on the security but otherwise left completely blank.

3. Include a signed letter of instruction specifying the number of shares being transferred. For example, "100 shares of XYC Corporation to Passaic River Coalition." If your gift is to be for less than the total number of shares listed on the certificate, include your social security so a new certificate with the remaining shares can be issued.

4. The value of your gift will be the average of the high and low quotations using the later of the postmarked date from the stock certificate of the stock power.

WE NEED YOUR HELP IN PROTECTING OUR MOST VITAL NATURAL RESOURCE -

THE PASSAIC RIVER BASIN