Stocks and Bonds

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Stocks and Bonds

Gifts of stocks and bonds are coordinated by University Advancement Services. The University will direct proceeds from the sale of these assets to any school or program you wish.

Securities Gift Transfer Instructions

Electronic transfer is the easiest method when a donor maintains holdings in a brokered account.

For DTC Eligible Securities (Common Stock and Mutual Fund Shares):
Clearing Broker: Pershing LLC
DTC Participant: # 0443
Account Number: N7M-001327
Credit: University of Virginia Gift Account
Reference: [Donor’s Name]

BNY Mellon | Pershing (412) 234‐0439 or

If you have questions, please contact:
University Advancement Services | 434-924-7018

If you are interested in sending physical securities certificates, please contact University Advancement Services before attempting to send any stock power or certificates.

Appreciated Securities

If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities’ full fair-market value. It is also possible to make a gift with appreciated securities in a mutual fund.

Advantages of a Gift of Appreciated Stock*

  Gift of Assets Selling Assets for Gift Proceeds Gift of Cash
Assets’ Fair-Market Value $25,000 $25,000 $25,000
Cost Basis $15,000 $15,000 $25,000
Capital Gains Tax (at 15%) $0 $1,500 $0
Charitable Gift (value of income tax deductions) $25,000 $23,500 $25,000
Income Tax Savings (at 35%) $8,750 $8,225 $8,750
Out-of-pocket Cost of Gift $6,250 $8,275 $16,250
*Assuming maximum tax rates apply.