Hudson Catholic has made arrangements to receive the proceeds of gifts of securities through the Archdiocese of Newark's brokerage account with Morgan Stanley. Here's how it works:
Transfer securities from your brokerage account
'for the benefit of Hudson Catholic Regional High School'
through the Depository Trust Company (DTC #: 0015)
Upon receipt of the donated securities, the Archdiocese will sell them, forward the cash proceeds to Hudson Catholic's bank, and provide details of the donor to the Advancement Office.
Hudson Catholic receives 100% of the net proceeds of your donation.