Instructions for transferring Stock to Chabad of Novato

To donate stock electronically (your shares are currently held at a bank, brokerage house, etc.), follow the instructions below for DTC Transfer.

For physical delivery of stock (actual certificates and stock powers), scroll down for Physical Delivery.

DTC (Depository Trust Company) TRANSFER

Step One:
Direct your broker or custodian bank to make the transfer to Chabad of Novato. Your broker or custodian bank is likely to ask you for a letter of instruction before the transfer can be made. Provide the following DTC transfer information for Chabad of Novato to your broker or custodian bank:

  • Brokerage Account: Fidelity
  • Account Name: Chabad of Novato
  • Account #: Z40224319
  • DTC #: 0226
  • Reference your name & purpose of gift (without this note, gifts are difficult to identify).

Step Two:
Notify Chabad of Novato of your gift. Send a copy of your letter of instruction via any of the following methods:

    Email: [email protected] / Fax: 866.604.2267

    Mail:    Chabad of Novato
                695 De Long Ave #101
                Novato, CA 94945

Please be sure to include the following information:

  • Number and type of shares
  • Company name(s)
  • Purpose of gift
  • Date that you instructed your broker to make the transfer
  • Name of brokerage
  • Brokerage account representative

PLEASE NOTE: Your gift will be dated according to the day the shares enter Chabad of Novato's clearing account. The value of your gift will be based on that date.

Year-end gifts: Be sure to allow extra time for the transfer from your broker’s account to Chabad of Novato’s account, and emphasize to your broker the importance of completing the transfer by December 31. When the 31st falls on a weekend, the transfer should be completed by the preceding Friday. 

PHYSICAL DELIVERY

Step One:
Fill out stock power form(s). You will need to fill out a separate stock power for each stock issue you wish to donate.

Step Two:
Write a brief cover letter indicating the number and type of shares, the company(ies), and the purpose of your stock gift.

Step Three:
Mail the certificate(s) without any endorsement or assignment along with your letter (Step Two) via first-class mail to:

    Mail:   Chabad of Novato
               695 De Long Ave #101
              Novato, CA 94945

Step Four:
In a separate envelope, mail the stock power form(s) you filled out in Step One to the same Chabad of Novato address.

Note: The date of your gift will be the date of the later of the two postmarks on the envelopes. We will value your gift based on that date. Year-end gifts must be postmarked by December 31 to be deductible for the current tax year. When the 31st falls on a weekend, we recommend mailing your gift by the preceding Friday to ensure it will be postmarked in time.

PLEASE NOTE: The IRS has determined that gifts and/or stock certificates sent via courier services other than the United States Postal Service (including Federal Express, DHL, UPS, etc.) can only be counted in the year they were sent if the Institute receives and signs for them no later than December 31. Normal USPS mail, including Express and Priority Mail packages, are the only packages for which the postmark can be used to determine the gift date.

If you plan to use a non-USPS service and the 31st falls on a weekend, your gift must arrive at Chabad of Novato by 5 p.m. on the preceding Friday.

Thank you for your support!

Questions? Please email us at [email protected] or call 415.312.8385.