To make a gift of appreciated securities to St. Andrew’s School, we recommend a wire transfer to the School’s account at Davenport & Company (Davenport). The date the stock is received in the School’s account at Davenport is the official date of the gift for the donor’s records. The value of the stock is determined by taking the high and the low trading price on the date of the gift, calculating the average trading price, then multiplying by the number of shares. We authorize Davenport to sell the stock and send us a check for the net proceeds. St. Andrew’s School absorbs any fees related to selling the stock, and the donor is credited with the full market value on the date of the gift. Once the transaction is complete, St. Andrew’s will issue a receipt and send a written acknowledgement to the donor. At the time of the contribution, please specify how your gift should be directed (toward General Operating Budget/Annual Fund, Endowment, etc).

Transfer the stock to the School’s account at Davenport & Company. To do this, we recommend a wire transfer. Following is the information required to execute a wire transfer:

Davenport & Company
One James Center
901 East Cary Street
Richmond, VA 23219

DTC# 0715
St. Andrew’s School Account #7951-1277

Donor: (Last name, First name)
Davenport Contact:
Henry L. Valentine III
Phone: 804-780-2041
Email: Henry Valentine

A. For stock held in an individual’s name
Sign the back of the certificate and send to the attention of the Director of Development. Or for additional security, send to the attention of the Director of Development, the unsigned certificate and, under separate cover, a signed Stock Power letter directing the stock to St. Andrew’s School.

B. For stock held in an entity’s name (Corporation)
Send the certificate and, under a separate cover, A Corporate Resolution directing the stock to St. Andrew’s School.

NOTE: On receipt of the certificate and Stock Power or Corporate Resolution, they will be delivered immediately to St. Andrew’s School where arrangements will be made for same day delivery to Davenport & Company.

Any questions about your stock gift or the procedures may be directed to:
Michelle S. Schroeter
Director of Development
St. Andrew’s School
227 South Cherry Street
Richmond, VA 23220
Phone: 804-648-4952
Fax: 804-648-3428
Email: Michelle Schroeter

Thank you for your support!