Securities to be
Delivered Electronically
The most frequently used and easiest method is a wire transfer
through a broker or banker. Your broker or banker will ask you to sign
their Irrevocable Stock or Bond Power to allow them to transfer
your securities to AMS. See your broker or banker. The broker or
banker will be requesting the following information about the AMS
account:
National Financial Services Corp.
DTC#0226
for the benefit of American Mathematical Society (AMS)
(Fed Tax
Identification #05-0264797)
Attn: Scott
Quattromani
AMS Account #Z31-048135
GTECH Center
10 Memorial Blvd., Suite 102
Providence, RI 02903
Your broker or banker may wish to speak with the AMS Development Office at (401) 455-4000 prior to proceeding. The AMS needs to be notified of the gift and we suggest that you use our Irrevocable Stock or Bond Power and Donation Form to be mailed to the address listed below. A separate Irrevocable Stock or Bond Power is required for each company and each class of shares or bonds.
Securities to be Delivered by Mail
While it is easier to deliver securities through a broker or banker, physical certificates may be delivered to AMS by following the important instructions below. In order to make such a gift as efficiently as possible, please call the Development Office in advance. You will be asked to mail your unendorsed certificate(s) and Irrevocable Stock or Bond Power in separate envelopes and by registered mail, to:
American Mathematical Society
Development Office
201 Charles Street
Providence, RI 02904-2294
Note: In one of the Irrevocable Stock or Bond Power envelopes, also include the Donation Form. A separate Irrevocable Stock or Bond Power is required for each company and each class of shares or bonds.
Do not complete any information on the stock power other than your signature and the date. Please do not send a certificate that represents more shares than you intend to give. For most expedient processing, do not fill in AMS's name as transferee on either the stock power(s) or the stock certificate. Also please do not send stock certificate(s) to a transfer agent for transfer into AMS's name.
Mutual Fund Shares
Please contact the AMS Development Office at (401)455-4000 with information about your mutual fund shares. The procedure for transferring shares is established by the mutual fund company and AMS will assist you with the appropriate letters of instruction.
Valuation and Date of Gift
The value of your gift is the mean between the high and low quotations on the date you make your gift. Your gift is considered made on the date the securities pass unconditionally from your control. For securities passed electronically, this is the day the stock is received in the AMS account. For securities mailed, this is the date of mailing.
If there are no sales on the valuation date, but there are sales within a reasonable period before and after the valuation date, the fair market value is determined by taking the average price between the highest and lowest sales prices on the nearest date before and on the nearest date after the valuation date. These averages are weighted in inverse order by the respective number of trading days between the selling dates and the valuation dates.
AMS Federal Identification Number
05-0264797
Regardless of the method chosen to deliver a gift of stock, the donor or transferring broker must provide a Irrevocable Stock or Bond Power and Donation Form so that the following information is received for audit and acknowledgment purposes:
- Donor's name and complete address
- The description of the securities and number of shares you are irrevocably giving to the American Mathematical Society listed by the certificates
- On the Gift Form only, please state the purpose, if any, to which the gift is to be applied? (Example, the General Fund, Epsilon Fund, etc.)
