Giving Securities

Curtis welcomes gifts of appreciated marketable securities. Your broker or trust officer can arrange to have securities delivered to Curtis electronically using the Depository Trust Company (DTC) wire transfer system, the fastest and safest method of delivery.

Electronic delivery of securities

Curtis asks that you or your broker or account manager notify the Curtis Development Office at (215) 893-5279 or development@curtis.edu of the transfer of securities to our account at PNC Bank. The following delivery instructions apply:
 

PNC Bank

• DTC #2616
• Internal Account #35008-1026508

  (Curtis Institute Gift Account)

• Attn: Kathleen Lott

   Telephone: (800) 550-9975

   Fax: (800) 262-0267

   E-mail: Custody_Administration@pnc.com

   [Updated Information: May 23, 2011]

Physical delivery of securities

The school's policy is to value gifts of marketable securities on the date Curtis receives them in good delivery form. For example:

• the day PNC Bank receives electronic delivery via DTC, or
• for the physical delivery of securities, the date on which Curtis receives all of the following: the stock certificate(s), a signed stock power showing a medallion signature guarantee, and a cover letter signed by the owner(s) of the securities indicating the intent to give the securties to Curtis.

The date Curtis values the gift may not be the same as the date of the gift for tax purposes. Curtis does not provide legal, tax, or financial advice and encourages you to consult with your legal, financial, or tax advisors concerning your charitable income tax deduction.

Contact

Curtis Development Office, (215) 893-5279