Giving to Bradley Hospital
Planned Giving
Donating Securities
Giving stock that you have held for more than one year is an excellent way to make a "cashless" gift. You avoid any capital gains tax when donating stock. You can use the stock's fair market value (the value of the high and low price on the day we receive it) as your charitable deduction, up to 30% of your adjusted gross income.
Please contact us by telephone, e-mail or regular mail for the latest stock transfer directions, as these directions may change without prior notice.
It's easy to donate stock. If a broker holds your securities, please give them this information:
Emma Pendleton Bradley Hospital Foundation’s brokerage account is with Pershing & Co., an agent of Mellon Trust. Brokers who have questions may contact Jason Rakip, our account representative, at (412) 234-6145. When sending securities, please reference the following information:
- The Lifespan account number is N7M001228
- The DTC code (direct deposit number) is 443
- Specify the donation is for Bradley Hospital Foundation “In Care of Lifespan Corporation."
If you hold the securities: Send the unendorsed securities by registered mail to:
Development Operations
Bradley Hospital Foundation
P.O. Box H
Providence, RI 02901-9979
In a separate envelope to the same address, send a letter stating your desire to donate the securities (giving the company name and number of shares of each) to the Foundation along with a stock power form and a Third Party Release form. Please obtain both documents from our office and both documents will need to be signature guaranteed by your custodian. These forms are required by our custodian as of May 2004.
If you wish to donate shares of a mutual fund:
Send a letter to the manager of the mutual fund stating your intention to give by donation the desired number of shares to the Bradley Hospital Foundation and give them our address. The mutual fund manager should be reminded to not sell the shares outright from your account, as that would trigger capital gains tax. Check with your manager as each mutual fund has its own procedures about charitable donations of shares.
If you are donating securities, kindly inform us to make sure your gift is properly received, credited and receipted to you. Please contact Juliann Sousa, Chief Business Management Officer, Development. Our telephone number is (401) 444-6500, by fax at (401) 444-8235, or by e-mail at jsousa@lifespan.org.
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