Appreciated Securities

Gifts of appreciated securities are put to work immediately, whether designated for unrestricted operating support, to fund a specific project, or to be invested as permanent endowment. This is an easy way to give and offers two tax advantages. First, the full fair market value of the stock is fully tax deductible. Second, by transferring stock directly to the Hammond-Harwood House Association, donors avoid capital gains tax.

The quickest and most secure way to donate securities is to ask your broker to make a transfer from your account to the Hammond-Harwood House Association’s broker through the Depository Trust Company (DTC). Make DTC transfers to:

Ameriprise Financial
c/o Colin Callahan
20500 Little Patuxent Parkway, Suite 300
Columbia, MD 21044-3585

DTC #0756
For credit to account number: 439259391133
Hammond-Harwood House Gift Account
Please instruct your broker to add your name in the subject line of the transfer, so that we can identify you as the donor.
In addition to contacting Ameriprise Financial, it is very helpful to let the Hammond-Harwood House Association know the name and number of shares you are transferring. Alternatively, you may wish to deliver personally held stock certificates directly or to register securities in the Hammond-Harwood House Association name. To alert the Hammond-Harwood House Association of a DTC transfer or for help with these other transactions, please contact Hammond-Harwood House Site Administrator Rachel Lovett by phone at 410-263-4683 ext. 12 or by e-mail at Rachel@hammondharwoodhouse.org.