Appreciated stocks can be donated to Battle Ground Academy and may be deducted for income tax purposes at full fair market value on the date of the transfer, with no significant capital gain tax liability. If the stock is in a brokerage or bank trust account, instruct your stock broker/banker by telephone and follow up with a letter to have the stock electronically transferred to BGA's account. Our broker's contact information is as follows:
Pat Clarke C.W.A. (BGA Class of '76)
Robert W. Baird
Two American Center, Suite 1100
3102 West End Avenue
Nashville, TN 37203-6841
(615) 297-2211
Account Number: 8321-6725
DTC (Depository Trust Company) #0547
BGA's Federal tax ID# 62-0125920
Please contact the Development Office at (615) 567-8320 (Becky Jones), advising us of your gift. Follow up by sending a letter containing:
- Name of the stock and number of shares
- Your name, address and telephone number
- The purpose of the gift
- The date of the gift
- Mail to: Battle Ground Academy Attn: Development Office, 336 Ernest Rice Lane, Franklin, TN 37069 OR Fax to (615) 595-7825
If the stock gift is in the form of a stock certificate registered in your name, send the stock certificate(s) plus a signed stock power under separate cover to the above address. The donor's signature must be notarized or guaranteed by a bank officer or stockbroker. Please mail the stock power under separate cover. In case of loss or theft, the stock cannot be transferred without both documents.
Your tax deduction is based on the median price of the stock on the date of your transfer of ownership to Battle Ground Academy.