Stock Transfers

Instructions for making a gift of securities to the MCPS Educational Foundation

Step One

Send your broker a letter of instruction directing the transfer of securities into the Montgomery County Public Schools Educational Foundation’s account. Specify the name of the stock and the number of shares you wish to transfer. Your broker will need the following information to complete the transfer:

DTC Number: 0990
LPL Financial
MCPS Educational Foundation, Inc.
Account Number: 2571-2794

Mr. Robert Buddle
M&T Securities
One Light Street
13th Floor
Baltimore, Maryland 21202

(410) 244-4670, direct
(800) 252-2082, toll free

Step Two

Please send a copy of the letter of instruction to:

Dr. Kristen Wong Callisto, Executive Director
Montgomery County Public Schools Educational Foundation, Inc.
PO Box 1007
Rockville, MD 20849

Step Three

The Montgomery County Public Schools Educational Foundation, Inc. will acknowledge your gift in writing. The fair market value of your gift of securities is determined by the average of the high and low stock price on the date that the gift is made multiplied by the number of shares transferred.  

MONTGOMERY COUNTY PUBLIC SCHOOLS EDUCATIONAL FOUNDATION, INC.
TAX IDENTIFICATION NUMBER: 52-1804509