Stock Gift Procedures
Stock gifts are greatly appreciated and are an important source of support for the American Association of Petroleum Geologists (AAPG) Foundation. Giving a stock gift is easy. The process is as follows:
You can either send your stock gift electronically (DTC) or physically (mail).
- To execute an electronic transfer of your stock to the AAPG Foundation, please transfer stock to the AAPG Foundation account at The Commerce Trust Company by completing a gift letter and sending it to your brokerage firm. Transfer instructions are in the sample letter.
- If the stock certificate is held by individual(s) or if you choose to gift a physical certificate, the actual certificate can be mailed with a letter of instruction to deposit the certificate into the AAPG Foundation account at The Commerce Trust Company. Mailing instructions are on the sample letter on page 2. You will need to transfer ownership on the back of the certificate by writing American Association of Petroleum Geologists Foundation, Tax ID # 73-1298684 after the phrase “We hereby sell, assign and transfer to... .” All persons listed on the front of the certificate as owners must sign to complete the transfer. All signature(s) must be medallion guaranteed, not notarized. Medallion signature guarantees are available at your bank or brokerage firm.
The date of your gift is the date that AAPG received the shares in its account. The value of the gift will be the average of the high and low prices on the day the gift was received into the AAPG Foundation account. You will receive written confirmation of the value and date of your gift for your income tax purposes.
If you have any questions, you can email a
Foundation Representative, speak with someone at 918-560-2644, or contact Carrie Larson at The Commerce Trust Company at 816-234-2883.
Please return a copy of your letter to:
American Association of Petroleum Geologists Foundation
ATTN: Foundation Manager
PO Box 979
Tulsa, OK 74101
The Commerce Trust Company
ATTN: Carrie Larson
922 Walnut St., Mail Stop TBMZ-1
Kansas City, MO 64106