Using appreciated securities that the donor has held for more than one year is an ideal way to provide a charitable contribution to Cabrini College for the program or area of greatest importance to you.
Making a gift of securities directly to the College also allows you to avoid capital gains taxes on the securities’ appreciation. Securities can easily be transferred directly from your broker’s account to the College, following the guidelines provided below.
If you possess physical certificates for the stock you want to donate, the process is slightly different but also very simple; instructions for handling these transfers are also found below.
Electronic Transfer of Securities Please instruct your broker to contact Diane Crompton, Director of Development Services and Campaign Management at 610.902.8203 or firstname.lastname@example.org. Your broker will be provided with Cabrini College’s brokerage account number and DTC instructions.
Donors should also contact Ms. Crompton with their preferences for designating the area or program they wish to support through their gift, as this information may not be transmitted from brokers. Please be sure to convey the following information about the gift of securities:
Physical delivery of stocks should be made to the Office of Institutional Advancement by certified U.S. mail with return receipt requested. A Stock Power signed by the owner, exactly as the name appears on the certificate, with a Medallion signature (which you can usually obtain through your broker or a commercial bank) is also required.
As a precautionary measure, the certificate and signed Stock Power should be mailed in separate envelopes—along with the name and contact information of the donor—and the designation of the area the proceeds will support.
While not advisable, if stock is to be registered to the College before it is sent to us, you will be required to supply the transfer agent with a mailing address and taxpayer identification number of the College.
The following can be used:
Cabrini College Diane C. Crompton, Director of Development Services and Campaign Management Office of Institutional Advancement 610 King of Prussia Road Radnor, PA 19087 610.902.8203
Gift Valuation Date The gift valuation date for physical securities is determined by the latest postmark on the envelope used to mail the securities to Cabrini College. For hand delivery of securities, it is the date the securities are turned over to a representative of the College.
The gift valuation date for securities sent to us via DTC is the date the securities are deposited to the College’s account.
Valuation Method The value of a stock gift is calculated by averaging the high and low quoted selling prices for the stock as of the gift valuation date.