For your convenience in making a gift of publicly traded shares of stock or mutual funds to the MPC Foundation, simply follow the steps below. Please call your broker and let them know that you want to make a gift of stock/mutual fund shares to the Monterey Peninsula College Foundation.
Your broker will want to know the name of the stock / mutual fund and the number of shares you are contributing. In addition, your broker may request the following information:
Monterey Peninsula College Foundation Custodian: Charles Schwab & Co. Inc
For Stocks & Mutual Funds: DTC Number: 0164
Monterey Peninsula College Foundation Account Number: 3172-81228122
After you have notified your broker, please contact the MPC Foundation Executive Director, Beccie Michael at (831) 655-5506 or rmichael@mpc.edu and provide the following information:
- Name & Telephone Number of Your Broker
- Name of the Stock & Number of Shares You Are Contributing
- Purpose or Designation of Your Gift
Please remember, do not instruct your broker to sell the stock / mutual fund and forward the proceeds to the MPC Foundation. This will jeopardize the excellent tax benefits you would receive if the college arranges for the disposition of the stock or mutual fund.
The MPC Foundation will provide a tax receipt for your gift.