Rochester Area Community Foundation is happy to accept gifts of stock, cash, and mutual funds, all of which can be electronically transferred to the Community Foundation. Whether you are a donor working with your professional advisor to arrange a transfer or professional advisor facilitating a transfer on behalf of a client, the following list of account numbers will help you determine which account numbers to provide for the transfer. 

When transferring stock or securities, please send an email to StockProcessing@racf.org with your or your client’s name and what is being transferred, as brokerage houses sometimes do not include the donor’s name. 

Rochester Area Community Foundation is able and willing to take in donations of more complex financial securities not listed below. However, these often require special arrangements. In these cases, please contact Andrew Muldoon at 585.341.4360 or amuldoon@racf.org in advance. 

If you have any questions about gifts of stock, mutual funds, cash gifts, or other forms of giving, please contact the Community Foundation’s Philanthropic Engagement team at giving@racf.org or 585.271.4100. 

Stock Gifts 

Stock gifts transferred via the Depository Trust Company (aka “a DTC transfer”) should be directed to our State Street account. Delivery instructions for the sending firm follow. 

• State Street Bank & Trust Company, Boston, MA 
• Bank Address: 1776 Heritage Drive, Quincy, MA 02171 
• FBO: Fund Name 
• ATTN:  ROCHESTER_AREA_COMMUNITY_FD_SSB_Service_INQ@statestreet.com 
• Agent Bank ID: 26022 
• DTC Number: 0997 
• Rochester Area Community Foundation EIN Tax ID 23-7250641 
• Accounts Numbers: 
  • Charitable Checking Account: Z34B 
  • Endowment and Charitable Investor Funds: Z33A 
  • Expenditure Funds: Z33B 
  • RACF Initiatives: Z34D 

Cash Gifts 

Cash gifts by wire transfer should be directed to our State Street account. Delivery instructions for the sending firm follow. Please note there is often a fee charged to the donor’s account for wire transfers. 

• Receiving Bank Routing Number: 0110-000-28 
• Receiving Bank Name: State Street Bank & Trust Company, Boston, MA 
• Contact:  ROCHESTER_AREA_COMMUNITY_FD_SSB_Service_INQ@statestreet.com 
• Account Information: 
  • Charitable Checking Account 
    • Beneficiary Account Number: 00165274 
    • Beneficiary Account Name: [Fund and/ or Donor Name] / Z34B 
  • Endowment Funds  
    • Beneficiary Account Number: 00165464 
    • Beneficiary Account Name: (Fund and/ or Donor Name) / Z33A 
  • Expenditure Funds 
    • Beneficiary Account Number: 00165472 
    • Beneficiary Account Name: Rochester Area Community Foundation Operating Fund / Z33B 
  • RACF Initiatives: 
    • Beneficiary Account Number: 00165282 
    • Beneficiary Account Name: [Fund Name] / Z34D 

Mutual Funds, ETFs, and Individual Bonds 

Gifts of mutual funds, exchange-related funds (ETFs), or individual bonds via the Depository Trust Company (aka “a DTC transfer”) should be directed to our Charles Schwab account. Delivery instructions for the sending firm follow: 

• Charles Schwab & Co., Inc., IS Document Control, P.O. Box 982600, El Paso, TX 79998- 2600 
• Transferring party must call: 602-355-9003 and provide our account and DTC number to initiate the transfer  
• Client Name: Rochester Area Community Foundation (Tax ID 23-7250641) 
• FBO: Fund Name 
• Account Number: 7345-5428 
• DTC Number: 0164, Code 40 

NOTE: Mutual funds are identified by a name and a five-character ticker symbol (e.g. Vanguard Balanced Index Fund, Investor Shares, symbol VBINX). All mutual fund ticker symbols end in the letter “X.” Exchange-Traded Funds (ETFs) are identified by a name and a three- or four-character symbol 

(e.g. Vanguard Total Stock Market ETF, symbol VTI). Symbols for individual bonds are more involved, for example, “Aa2/AA, GENERAL ELEC CAP CORP MTN BE, Non-Callable, NYBE, GE 7.375, 01-19-2010.” 

In the interest of internal control, please encourage donors and their advisors to deliver gifted securities to RACF’s accounts with State Street Bank & Trust Company or Charles Schwab & Company, as outlined above. 

RACF maintains a limited number of active accounts with investment companies, brokerage firms, and transfer agents, including Vanguard, Fidelity, American Funds, and Computershare.  On a limited exception basis, we can accommodate transfers to these accounts.   

For example, based on past practice some donors will request a transfer from their Vanguard account to RACF’s Vanguard account. We would prefer the donor ask their advisor at Vanguard to direct the mutual fund or ETF gift to our Charles Schwab account.   

Processing of especially large transfers (e.g. the recent Sands gift), and/or transfers of more complex financial securities not referenced above, may require special arrangements. Please discuss these transfers with Amy and Andrew in advance.