Appreciated Stock & Securities
You can make a gift to the University of North Dakota with securities and mutual funds that have increased in value and have been held for more than one year.
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.
Outright Gifts
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. Additional information can be sent to stockgift@UNDfoundation.org.
Bell Bank Information (for DTC Delivery)
- SEI private trust company, Bell Bank
- DTC number: 2663
- Account number: 100101163
- Account name: UND Alumni Association and Foundation stock gift IMA
Additional Information Requested
- Donor’s name
- Stock name & number of shares
- Brokerage firm
- Broker contact information
Gift Valuations (Publicly Traded Stock)
Arithmetic mean of highest and lowest prices on the date of gift (when the asset arrives in account of the charity).
Notes:
- The general policy of the UND Foundation is to sell the asset as soon as all the information is received and/or the next business day following the gift date.
- Please allow adequate time near the end of the calendar year for transfers.
- The UND Foundation does 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.