Michael and Peter were very value oriented both in their personal and professional lives. Value investing was a passion of theirs. We are certain that they would be pleased to have overvalued or even fully valued securities donated to this foundation. Such acts of generosity will help a wonderful cause as well as aid the donating entity with their tax circumstances. Please make sure you ask your tax advisor for specific information regarding your individual situation.

If you would like to make a gift of stock via a direct transfer to the Sandler-Kenner Foundation, your broker can assist you. Giving a gift of publicly traded stock that has increased in value, and that you have owned for more than one year may provide greater tax benefits than giving cash. You may avoid paying the capital gains tax on any increase in the current value over the original cost of the stock and your charitable income tax deduction may be equal to the fair market value of the stock. Additionally, you may also save brokerage fees because you are transferring ownership rather than selling the stock.

If you would like to Invest in the Foundation by donating stock, please note the following:
BROKER CONTACT INFORMATION:
First Manhattan
Jay L. Vodofsky
212-756-3469

FED WIRE, DELIVER AND RECEIVE INSTRUCTIONS:
FED WIRES:
The Bank of New York
1 Wall Street
New York NY 10286
ABA 021 000 018
A/C Pershing LLC
A/C # 890-051238-5

Acct. Name: THE MICHAEL C SANDLER AND
PETER KENNER CANCER FOUNDATION
Acct. #: 34Z-005448
STOCK TRANSFERS:
DTCC 0443

Pershing LLC
THE MICHAEL C SANDLER AND
PETER KENNER CANCER FOUNDATION
Acct. # 34Z-005448
Swift Code IRVTUSTN
Please inform our Donor Services Department of stock transfers so that we can properly acknowledge your gift and forward information regarding your tax deduction.