Stock Transfers

The Foundation Chapter of Theta Chi Fraternity will gratefully accept your appreciated marketable securities. The Foundation Chapter is a qualified charity under section 501(c)(3) of the Internal Revenue Code, and our EIN is 21-4014559.  To donate securities:

If you hold the securities, please send the UNENDORSED securities to The Foundation Chapter of Theta Chi Fraternity, Attn: Jim Powell – Director of Financial Operations, 3330 Founders Road, Indianapolis, IN 46268-1333.  Securities are not negotiable without a signed Stock Power (available from a broker or bank).  You should mail a Stock Power for each certificate to the same address in a separate envelope.  The Stock Power should be signed exactly as your name appears on the stock certificate, but with no other information filled in.  A letter stating your intent to gift the shares to the Foundation Chapter of Theta Chi Fraternity should also be enclosed.  Please do not re-register the stock certificates in the name of the Foundation Chapter.

If the securities are held by a Bank or Broker, please instruct your agent to wire the securities to our account at Merrill Lynch, as follows:

DTC Free Delivery, DTC # 5198 for further credit to the Foundation Chapter of Theta Chi Fraternity a/c 826-04020.

To ensure prompt confirmation of your donation, please fax a copy of your wire instructions to our Jim Powell, Associate Executive Director, at (317) 824-1908.

The value of your donation will be the average of the high and low quotations on the date you complete your gift, which is the date the securities pass unconditionally from your control.  In the case of mailing, this is the date of mailing; in the case of wire transfer, this is the date the securities are credited to the Foundation Chapter’s account at Merrill Lynch.

Your donation will be used to support educational grants and scholarships to the benefit of Theta Chi brothers.

If you have any questions, please call Cathie Morgan, Director of Foundation Services, at (317) 824-1881.

Thank you for your generosity!