Stocks and Securities

You invest. A child profits. It’s that simple. By making a donation in the form of stocks, bonds, mutual funds or other appreciated securities, you are making an investment in the future of children in your community. As a donor, you are entitled to take a charitable deduction for the full fair-market value of appreciated securities held longer than one year, and you usually avoid paying the capital gains tax that would be due if you sold the securities.

Issuing physical Stock Certificate

LPL Financial LLC
Attn: Custody Department
P.O. Box 6275
Fort Mill, SC 29716-6276

Please reference BBBSLI Donation Center Account #6667-6649

Donating Stock or Bonds Held By a Bank or Broker

If your equities are currently held at a bank or in a brokerage account, simply send a letter of instruction to your broker or banker with a full description of the securities and your gift’s intended purpose. Securities can be sent electronically using the following transmittal instructions:

DTC Clearing #0075
For further Credit to LPL Account #6667-6649
For further credit to LPL Account name BBBSLI Donation Center

Donating Stock Certificates You Hold

Please contact Mark Cox at or (516) 731-7880 x 1213 to discuss your options for donating physical stock certificates you hold.

Effective Date and Value of Your Gift

Your gift of stock or publicly traded securities will be valued based on the mean market price of the securities on the gift date. We will provide you with a receipt for your tax records. Big Brothers Big Sisters of Long Island determines your gift date according to the following guidelines:

  • By mail, it is the later of the postmark dates of your separately mailed stock certificates and stock powers.
  • By electronic transfer, it is the date that the securities enter BBBSLI’s account.
  • By hand, it is the date that a BBBSLI employee receives the stock certificates and stock powers of attorney.
  • By re-registering securities in BBBSLI’s name yourself, it is the date on the new certificates (this method takes the longest).