Stock Donations
Electronic delivery of stock shares is the most secure and expedient delivery process available and provides efficient internal control as well as cost savings. To help you facilitate a gift of stock, please use the following instructions:
It is necessary for you to contact your broker to initiate the transfer. Download a sample letter for your use.
Donate your stock to the American Red Cross care of:
Brokerage: Morgan Keegan & Co., Inc
ATTN: Beau Jones 123 Lee St. Decatur, AL 35601
(256) 350-1925
1-800-598-1298
DTC Number: 0780
Acct Name: American Red Cross Morgan/Lawrence Chapter
Acct Number: 10065670It is important that the donor or transferring broker notify the chapter of the following information for audit and acknowledgement purposes:
- Donor’s name and complete address
- Name and number of securities transferred
- Date of the transfer
- Specific program to which the gift should be directed (General Chapter Donation, National Disaster Relief, International Disaster Relief, Specific Incident, etc.)
Please contact us at:
American Red Cross
P.O. Box 297
Decatur, AL 35602
E-Mail: dheard@morglawredcross.org
Phone: (256) 353-4891
Fax: (256) 353-8844
Contributions to the Morgan-Lawrence County Chapter of the American Red Cross, a tax-exempt organization under Section 501 (3) of the Internal Revenue Services Code, are deductible for computing income and estate taxes. The American Red Cross is not a government agency; our programs and services are made possible primarily through the generosity of individuals, businesses and foundations who give voluntary gifts of time and money. As the world’s largest volunteer organization, Red Cross is able to stretch its resources even further and be the best possible steward of your gift.
Thank You for helping the Red Cross help others!
