Nantucket Preservation Trust | Gifts of Securities


Nantucket Preservation Trust (NPT) welcomes gifts of securities. Please contact the NPT office prior to the gifting process at (508)228-1387 for specific transfer instructions to minimize delays and expenses. This is also to ensure we have accurate contact information to send the acknowledgement and tax receipt.

For year-end gifts, it is important to start the gifting process early enough in December to allow for any difficulties with the transfer

If your broker holds your securities, the easiest method is to have your broker transfer the securities directly to the NPT account by an electronic transfer.

Please contact the NPT office for specific directions for the transfer of shares in a mutual fund, hand-delivery or delivery of stocks by U.S. Mail/Fedex/UPS at (508)228-1387.

According to IRS regulations, the date of the gift is the date when the securities are transferred from your account to the NPT account. It is not the date when you give instructions to your broker to effect the transfer. The value of the stock is the average of the high and low on the date of the transfer. This calculation is derived from facts in the Wall Street Journal or similar publication.

For further information, please contact:

Telephone: (508)228-1387
Fax: (508)228-1371

Thank you for considering a gift to the Nantucket Preservation Trust.