Gifts of Securities
Using appreciated securities that the donor has held for more than one year is an ideal way to provide a charitable contribution to Cabrini for the program or area of greatest importance to you.
Making a gift of securities directly to Cabrini also allows you to avoid capital gains taxes on the securities’ appreciation.
Securities can easily be transferred directly from your broker’s account to Cabrini, following these guidelines.
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 Stacey Minyard, Director of Advancement Services a at 610.902.8250 or firstname.lastname@example.org.
Your broker will receive Cabrini’s brokerage account number and DTC instructions.
Donors should contact our office 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:
- Name of Donor
- Name and Ticker Symbol of Security
- Number of Shares
- Purpose of Gift
- Approximate Date of Expected Transfer
- Name and Contact Information of Donor’s Broker
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 Cabrini before it is sent to us, you will be required to supply the transfer agent with a mailing address and Cabrini’s taxpayer identification number.
- Cabrini University
Stacey Minyard, Director of Advancement Services
Office of Institutional Advancement
610 King of Prussia Road
Radnor, PA 19087
- EIN# 23-1526668
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.
For hand delivery of securities, it is the date the securities are turned over to a Cabrini representative.
The gift valuation date for securities sent to us via DTC is the date the securities are deposited to Cabrini’s account.
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.