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 Brevard College.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further our mission today
How to make a gift of stocks and bonds
Stock Transfer Instructions for Brevard College
Alumni Affairs & Development Office
One Brevard College Drive, Brevard, NC 28712
Stock Gifts for Operations (non-endowment):
Stifel
Attn: Milton Tynch
9 Park Place West
Suite 103
Brevard, NC 28712
(828) 877-5856 (Phone) | (828) 885-7873 (Fax)
(866) 677-6215 (Toll-free)
DTC#793, Account Number #7808-8671, Brevard College Stock Account
Stock Gifts for Endowment & Endowed Scholarships:
SIAC/Central Delivery – Raymond James
55 Water Street, 1st Floor
New York, NY 10005
DTC# 0725, Account #137YP789 Brevard College Corp.
Contact: Susan Britten (Alex Brown) 336-734-1043(p) | 336-306-5055(f)
[email protected]
Please contact the Office of Alumni Affairs & Development (828-641-0100) to make the college aware of the pending transfer and the desired purpose of the gift. The College's policy for stock transfers is to sell the stock immediately upon acceptance.
By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to Brevard College Corporation.
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 price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
Contact us
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.
