Appreciated Stock & Securities
Securities and mutual funds that have increased in value and been held for more than one year are popular assets to use when making a gift to the University of North Dakota. A gift of this type offers you the chance to support the university while getting valuable benefits for yourself.
Donating appreciated securities or mutual funds to the University can allow you to reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.
These assets are also a great choice for creating a charitable remainder trust, charitable gift annuities or a beneficiary designation gift.
When you donate securities to UND through the UND Foundation, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer.
Electronic Transfer Instructions
Your broker will require this important information to make your gift of stock to the UND Alumni Association & Foundation.
Fidelity Information (for DTC Delivery)
- DTC Number: 0226
- Agent Bank/Receiving Firm Name: Fidelity
- Account Number: 656302017
- Account Name: Alerus Financial
- Must reference: UND FOUNDATION
Additional Information Requested
- Donor’s Name
- Stock Name & Number of Shares
- Brokerage Firm
- Broker Contact Name & Number
Gift Valuations (Publicly Traded Stock)
Arithmetic Mean of highest and lowest prices on the date of gift
The general policy has been to sell gifts as soon as all information is received. The Foundation will not accept partial shares of securities.
Transfer on Death (TOD)
When you place a TOD designation on your brokerage or investment account, that account will be paid to one or more persons or charities after your lifetime.
State laws govern transfer on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.
Please contact Stock Gifts or call us at 800-543-8764 concerning the specifics of your securities transfer including the name(s) of stock, stock symbol, number of shares, your name, and your gift designation.
This information is provided as an educational service to our donors and is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. State law may further impact your individual results.