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.
TAX ID NUMBER
The Curtis Institute of Music is a non-profit corporation organized under the laws of the Commonwealth of Pennsylvania, and an organization described in Section 170(c) of the Internal Revenue Code of 1986, as ammended. The school's tax ID number is 23-1585611.
Electronic delivery of securities
Curtis asks that you or your broker or account manager notify the Curtis Advancement Office at (215) 893-5279 or firstname.lastname@example.org of the transfer of securities to our account at PNC Bank. The following delivery instructions apply:
- DTC #2616
- Internal Account #2135001-1026508
(Curtis Institute Gift Account)
- Attn: Daniel Sargo, Institutional Asset Management
Telephone: (412) 762-6320
Fax: (800) 449-7382
[Updated Information: November, 2015]
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 securities to Curtis.
The date Curtis receives and values the gift may not be the same as the date of the gift for your charitable deduction/income 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.
Curtis Advancement Office, (215) 893-5279