Appreciated Assets

A gift of an appreciated asset, often common stock or mutual fund shares, is a valuable way to contribute to a charitable organization and receive tax benefits based on the value of the asset(s).  

Because of the appreciation factor, gifts of securities “cost” donors less than equivalent gifts made in cash. By donating the stock, the charity receives a larger gift than it would receive if the investor first sold the stock and then donated the proceeds after deducting the capital gain taxes. The investor receives a greater tax deduction by giving the stock directly to the charity and avoiding the capital gain tax.

Instruct your broker to deliver the shares to Ursuline’s account using the following information:

Account Name: Ursuline Academy of Wilmington, DE
DTC Number: 0443
Ursuline Academy Account Number: AZD942589
Clearing Firm: Pershing, LLC
Broker: M&T Securities, Inc.
285 Delaware Avenue
Suite 2000
Buffalo, NY 14202-1885
(800) 724-7788 option 2

For the purposes of gift entry, your stock contribution is valued at the average value of the high and low value of the stock on the date it is delivered to M&T Securities, Inc. As a matter of policy, all stock gifts are sold upon receipt.

If you have any questions or would like additional information, please contact Debbie Hurd, Advancement Director, by phone at 302.658.7158 ext. 6207 or by email at dhurd@ursuline.org