{"id":23,"date":"2014-08-07T16:28:10","date_gmt":"2014-08-07T16:28:10","guid":{"rendered":"http:\/\/mainemaritime.edu\/giving\/?page_id=23"},"modified":"2026-01-28T16:34:21","modified_gmt":"2026-01-28T16:34:21","slug":"gifts-of-stock","status":"publish","type":"page","link":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/","title":{"rendered":"Gifts of Stock"},"content":{"rendered":"

Gifts of Stock<\/h1>\n

Securities<\/strong><\/h2>\n

Giving long-term appreciated stock offers you a two-fold tax saving. First, you receive a tax deduction for the full fair market value of the stock on the date of the gift. In addition, you avoid paying any capital gains tax on the increase in value of your stock. A gift of stock is considered complete, and thus deductible, when the stock is electronically transferred to MMA or a physical stock certificate is delivered to the Academy.<\/p>\n

Electronic Transfer<\/strong><\/h2>\n

The easiest and most expedient way for MMA to receive a gift of stock is electronically. In order to complete an electronic gift of stock your broker or trust officer would need the following information:<\/p>\n

DTC# 2663<\/div>\n
Acct# 45-3146 (Maine Maritime Academy)<\/div>\n
Camden National Bank<\/div>\n
2 Canal Plaza<\/div>\n
Portland, ME\u00a0 04101<\/div>\n
207-774-3333<\/div>\n
<\/div>\n
Camden contact:<\/div>\n
Jason Serino<\/div>\n
207-619-8614<\/div>\n
jserino@camdennational.bank<\/a><\/div>\n

For further credit to: 45-3146 Maine Maritime Academy
\nFrom Donor: ________________________________________<\/p>\n

When the donor\u2019s name is added to the delivery, it helps Camden National Wealth Management identify the gift and provide the receiving organization with important information needed to promptly acknowledge the gift.<\/p>\n

Notification of all known forthcoming gifts prior to delivery is greatly appreciated. Please contact the Camden National Wealth Management representative below: Jason Serino, (207) 619-8614, jserino@CamdenNational.bank<\/a>.<\/p>\n

Important Note: For gifts of other types of securities, such as mutual funds or government securities, please contact Camden National Wealth Management. Do not use the above delivery information. Thank you!<\/p>\n

ACH<\/strong>
\nPlease contact us for more information.<\/p>\n

Wire \u2013 Domestic<\/strong>
\nPlease contact us for more information.<\/p>\n

Wire \u2013 International<\/strong>
\nPlease contact us for more information.<\/p>\n

Please alert the MMA Advancement Office at 207-326-2115 before the transfer so that we can make arrangements with our bank to receive the stock. The Academy cannot sell an unidentified security. At the same time, please indicate the purpose of the contribution, such as an annual gift, a campaign contribution or pledge payment, or funds for a planned gift.<\/p>\n

Stock Certificates and Stock Powers<\/strong><\/h2>\n

If you send a stock certificate that is in your name, a letter of intent must be included. The Academy does not recommend sending signed certificates. Instead, under separate cover, please send a signed stock power. Stock powers are available from any broker or bank. On the stock power, your signature is the only item that is needed. Your signature must be guaranteed by a bank or broker. If the certificate is in the MMA\u2019s name, no stock power is needed. The process for reregistering stock certificates (transferring the certificate into the Academy’s name) can take from two to four weeks. Stock certificates should be sent to:<\/p>\n

Advancement Office
\nLeavitt Hall
\nMaine Maritime Academy
\nCastine, ME 04420<\/p>\n

To learn more, please contact the Advancement Office at 207-326-2115 or by email at advancement@mma.edu<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gifts of Stock Securities Giving long-term appreciated stock offers you a two-fold tax saving. First, you receive a tax deduction for the full fair market value of the stock on the date of the gift. In addition, you avoid paying any capital gains tax on the increase in value of your stock. A gift of […]<\/p>\n Read More...<\/a>","protected":false},"author":1,"featured_media":0,"parent":14,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"giving.php","meta":{"footnotes":""},"class_list":["post-23","page","type-page","status-publish","hentry"],"yoast_head":"\r\nGifts of Stock - Giving<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Gifts of Stock - Giving\" \/>\r\n<meta property=\"og:description\" content=\"Gifts of Stock Securities Giving long-term appreciated stock offers you a two-fold tax saving. First, you receive a tax deduction for the full fair market value of the stock on the date of the gift. In addition, you avoid paying any capital gains tax on the increase in value of your stock. A gift of […]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Giving\" \/>\r\n<meta property=\"article:modified_time\" content=\"2026-01-28T16:34:21+00:00\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/\",\"url\":\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/\",\"name\":\"Gifts of Stock - Giving\",\"isPartOf\":{\"@id\":\"https:\/\/mainemaritime.edu\/giving\/#website\"},\"datePublished\":\"2014-08-07T16:28:10+00:00\",\"dateModified\":\"2026-01-28T16:34:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mainemaritime.edu\/giving\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ways to Give\",\"item\":\"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Gifts of Stock\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mainemaritime.edu\/giving\/#website\",\"url\":\"https:\/\/mainemaritime.edu\/giving\/\",\"name\":\"Giving\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mainemaritime.edu\/giving\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gifts of Stock - Giving","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/","og_locale":"en_US","og_type":"article","og_title":"Gifts of Stock - Giving","og_description":"Gifts of Stock Securities Giving long-term appreciated stock offers you a two-fold tax saving. First, you receive a tax deduction for the full fair market value of the stock on the date of the gift. In addition, you avoid paying any capital gains tax on the increase in value of your stock. A gift of […]","og_url":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/","og_site_name":"Giving","article_modified_time":"2026-01-28T16:34:21+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/","url":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/","name":"Gifts of Stock - Giving","isPartOf":{"@id":"https:\/\/mainemaritime.edu\/giving\/#website"},"datePublished":"2014-08-07T16:28:10+00:00","dateModified":"2026-01-28T16:34:21+00:00","breadcrumb":{"@id":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/gifts-of-stock\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mainemaritime.edu\/giving\/"},{"@type":"ListItem","position":2,"name":"Ways to Give","item":"https:\/\/mainemaritime.edu\/giving\/ways-to-give\/"},{"@type":"ListItem","position":3,"name":"Gifts of Stock"}]},{"@type":"WebSite","@id":"https:\/\/mainemaritime.edu\/giving\/#website","url":"https:\/\/mainemaritime.edu\/giving\/","name":"Giving","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mainemaritime.edu\/giving\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/pages\/23","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/comments?post=23"}],"version-history":[{"count":15,"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/pages\/23\/revisions"}],"predecessor-version":[{"id":5092,"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/pages\/23\/revisions\/5092"}],"up":[{"embeddable":true,"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/pages\/14"}],"wp:attachment":[{"href":"https:\/\/mainemaritime.edu\/giving\/wp-json\/wp\/v2\/media?parent=23"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}