Mount St. Joseph University welcomes your gift of stock. It's an attractive giving option that benefits both the charity and the donor. If the charitable gift is appreciated stock, it produces two tax benefits for the donor: an income tax deduction and bypass of capital gain.
- Notify your broker of your intended gift by transfer.
- Transfer to: U.S. Bank Institutional Trust & Co.
Account No: 001050991026
Account Name: Mount St. Joseph University - Gift
E-mail: firstname.lastname@example.org, call 513-632-4194, or fax 866-941-6670
To ensure your gift is matched quickly with your name, contact (or have your broker contact) Lisa Hinger-Odenbeck, Director of Development at email@example.com, (513) 244-4475 or (800) 654-9314 ext. 4475) with the following information:
- Donor's name
- Name of stock
- Number of shares
- Broker that is transferring stock
- Date of transfer
- Purpose of gift
You will receive written confirmation of the value and date of your gift for income tax purposes. The value of the gift will be the average of the high and low prices on the date of the gift, which is determined as follows:
- If delivered by electronic transfer, the date the shares are received into the Mount's account.