The transfer of a non-cash gift such as securities or mutual funds to your foundation at NHF can be accomplished several different ways depending upon what the gift is. The following instructions should assist you in completing your gift to a charitable project at National Heritage Foundation. Please read these instructions carefully to ensure proper transfer and full tax deduction of your gift.

What you give will determine how you give:

(A) Stock in Certificate form (the donor holds actual certificates in hand)

1. If the stock is to be sold and the proceeds added to your Foundation at NHF:

• Send NHF the actual certificates by Federal Express, which is a traceable envelope but DO NOT SIGN THEM.

• Send in a second Federal Express envelope a:

  • Third Party Release Form, which will require a Notary Seal

  • Irrevocable Stock Bond Powers Form, which will require a Signature Guarantee Stamp
    
    NOTE: Without these being properly completed and signed the securities cannot be sold.
    
    
  • Send to NHF the completed Non-Cash Gift Form. Instructions over the telephone are not acceptable.
    
    
  • Send to NHF the completed, ready for NHF's acceptance signature, the IRS form 8283.

2. If the stock is to be donated and held for the foundation:

• Follow the instructions in step #1 above, except note that we will hold the security and the signed forms in safe keeping awaiting future instructions to sell.

(B) Closely Held Securities or Sub-S stock

1. If the stock is to be redeemed right away or kept for a period of time:

• Follow the instructions in (A), step #1, above.

  NOTE: Accompanying the stock NHF requires a repurchase agreement with a specified time frame. Our preference would be less than one year so that the foundation project has funds with which to fulfill its stated charitable goals.

(C) Stock in Street Name or Mutual Funds (Kept by brokerage firm in book entry form)

1. If the Stock(s) or Mutual Funds to be sold / redeemed:

• Have your broker transfer by "DTC" to our National Heritage Foundation account. Please call our office at 800-986-4483 to get the DTC and account numbers.

• You must take responsibility to monitor (a) whether this was done by the sending broker, (b) the date of the gift, (c) the receipt value of the gift (d) send NHF the appropriate Non-Cash Gift Form regarding the stock gift.
  
  NOTE: ALL securities placed into this account will be sold as soon as they are detected in the account. If your recommendation to NHF is to maintain the investment inside the foundation please follow the instructions in (C), step #2, below.

2. If the stock is to be kept within your foundation at NHF:

Establishing a Brokerage Account Inside Your NHF Project

1. We will consider establishing an investment account for your project if the value of the gift will meet out minimum value guidelines ($10,000 minimum for investments).

2. Donors and PDOs will be able to view their accounts online and place trades online if the investments are with McKim. (Select the "My Foundation Info" tab and follow the instructions for establishing a password to see your foundation statements on the web.)

3. NHF charges a 2% annual management fee for all investments within your foundation at NHF. This is calculated by charging ½% each quarter on the average of the quarterly balance.
   
   NOTE: National Heritage Foundation is the ONLY signatory on any account, although the brokerage company may send duplicate statements to you.

(D) Reporting Requirements for All Non-Cash Gifts

Upon gifting Securities, Mutual Funds or any other investment or non-cash gift, the Non-Cash Gift Form must be sent to NHF in writing, by mail, or by fax to (703) 820-5100. This form will include:

• Complete Donor name and address

• Receiving foundation name and number

• Security name, number of shares and symbol

• Instructions to NHF - keep, sell, all, or some

• Listed values at date of gift for receipting purposes

(E) All Necessary Forms Can Be Found Below

1. Non-Cash Gift Form

2. Third Party Release Form, which will require a Notary Seal

3. Irrevocable Stock Bond Powers Form, which will require a Signature Guarantee Stamp

4. IRS form 8283 and the corresponding IRS Form 8282

Should you have any questions please feel free to give us a call at 1-800-986-4483.