Appreciated Securities
(Details on transferring stock)
How to contribute gifts of securities
Making gifts of appreciated securities need
not be complicated. When giving securities, be sure to consult
with your financial advisors and/or attorney. Additional time should
be allowed for completion of such gift transactions.
Securities held by your broker
Inform your broker in writing that you wish
to give appreciated securities to University of Cincinnati Foundation. Click
here to download a sample letter for your use. Be sure to let
the broker know when you’d like the transfer made. Your
broker will need to call us at (513) 556-6147 to obtain
pertinent account information.
Certificates you hold
If you hold the actual stock certificates, you
will need to sign a stock power form for each certificate you contribute.
You may obtain a stock power from any broker or financial institution.
When you sign the power, be sure to sign your name precisely as
it appears on the certificate. For example, if you are listed as
John A. Johnson on the certificate, sign it John A. Johnson.
When mailing the certificates, use two envelopes.
In the first envelope, place the unendorsed certificates. In the
second envelope, place the completed stock power(s). Send them
to us on the same day by certified mail. Our address is:
University of Cincinnati Foundation
51 Goodman Drive
Cincinnati, OH 45219-0970
Mutual funds
Mutual fund transfers usually take a longer
time to transfer as each mutual fund company has its own requirements
for making charitable contributions. Contact the customer service
department at your company to secure the forms needed and then
call us at (513) 556-6147 to discuss your intent. We
may need to create an account with your mutual fund company before
the transfer can occur, so allow at least one month for the transfer.
For more information
Email
us, complete the personal
illustration form, or call us at (513) 556-6147 so
that we can assist you through every step of the process.
University of Cincinnati Foundation
51 Goodman Drive
Cincinnati, OH 45219-0970
(513) 556-6147
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