The first step is to call the Saint Andrew's School Advancement Office at 561.210.2063 to notify us of your intentions or complete a Securities Transfer Sheet. To ensure that the transaction is processed in a timely and efficient manner, please provide a description of the stock to be transferred, the approximate delivery date, and the desired purpose of the gift.
There are three standard methods of delivery:
(1) Through a broker
The most common method of delivery is through a brokerage house via DTC transfer. This electronic method transfers the stock from your account to an account in the name of Saint Andrew's School. Our account is held at Merrill Lynch. The delivery instructions are as follows:
Merrill Lynch account number 731-04022
Our tax ID# is 59-0942383
As a donor must not direct the broker to sell the stock for Saint Andrew's. Stock sold by a donor for Saint Andrew's School is treated as a cash gift and would expose the donor to capital gains tax liability.
(2) By mail:
If you have the certificate in your possession, you may mail the certificate by either certified mail or an overnight service. Mail the unendorsed certificate to:
Saint Andrew's School
3900 Jog Road
Boca Raton, FL 33434
Include a disclaimer letter stating the disposition of the gift. For example: "The enclosed certificate represents my contribution to Saint Andrew's School for the Annual Fund."
In a separate envelope, mail a signed, blank stock power form, with your signature as it appears on the certificate. Stock power forms may be obtained from a bank, a brokerage firm, or Saint Andrew's School. Include also a copy of your disclaimer letter.
If the certificate represents more shares than you intend to give, include written instructions for Saint Andrew's School to keep a specified number of shares and to reissue remaining shares in your name.
If you are reissuing a certificate, please issue in the name of Saint Andrew’s School of Boca Raton, Inc
(3) By hand:
If you deliver the stock by hand, you may either endorse the back of the stock certificate(s) in our presence or sign a stock power.