Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the University of New Haven.
"From a tax perspective, giving appreciated stock is a darn good idea! You will avoid paying capital gains tax on the appreciation, so your after-tax cost for the gift is lower than if you gave cash."
Phil Bartels, past Chair, Board of Governors
Phil gave appreciated securities to provide funding for a student to participate in a summer marine biology program on an island off the Maine coast.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Support our educational mission
How to make a gift of stocks and bonds
By electronic transfer - Please click here for instructions on how you can transfer stock or bonds from your brokerage or investment account to the University of New Haven.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock prices on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please contact Darcy Turner, 203-479-4730 or [email protected]. She would be happy to assist you and answer any questions that you have.