Stock gifts are gratefully accepted and easily transferred into the Foundation’s account at Merrill Lynch.
Donors who wish to contribute securities should provide the following information to their broker:
- The Foundation’s contact person at Merrill Lynch is Cathy Frausini; her phone number is (860) 447-7403; or call toll free at 888 447-0509
- Merrill Lynch’s DTC number is 8862;
- The Coast Guard Foundation’s account number at Merrill Lynch is 880-04191.
Unless otherwise specified by the donor, the Foundation assumes that the gift is for unrestricted purposes, and will sell the stock upon receipt. Donors are credited with a tax-deductible contribution equal to the average of the high and low value of the stock on the day of transfer.