University of Virginia Giving

Stocks and Bonds

Gifts of stocks and mutual funds are coordinated by Gift Accounting at the Office of Advancement. The University will direct proceeds from the sale of these assets to any school or program you wish.

Electronic Transfer

This is the easiest method when a donor maintains holdings in a brokered account.

  1. Before making a transfer, alert the Office of Advancement at 434-924-7306 or 800-688-9882 so that the University can make arrangements with its broker to receive the stock. Indicate the purpose of the contribution—such as an annual gift to a school, a pledge payment, or funds for a planned gift.
  2. Depository Trust Company, or DTC, is the clearinghouse for electronic security transfers.
  3. Provide the following information to the transferring broker:
    Account Name University of Virginia Gift Account
    Account Number N7M-001327
    DTC Number 443
    Clearing Broker Pershing LLC
    Reference [Donor's Name]

Stock Certificates and Stock Powers

If you send a stock certificate that is in your name, please include a letter indicating the purpose of the gift. Under separate cover, provide a signed Stock Power form (PDF) for each security you contribute. Stock powers are also available from the Office of Advancement at 434-924-7306 or 800-688-9882 or from any broker. Make sure your signature on the stock power is medallion guaranteed by a bank or broker, not notarized.

Attention: Mail stock certificates and stock powers separately.

If the certificates have been re-registered to the University of Virginia, no stock power is needed. A letter should be included identifying the donor and the purpose of the gift. The process for re-registering stock certificates (transferring the certificate into the University’s name) can take from two to four weeks. Stock certificates and stock powers should be sent to one of the address below.

Sending Forms to the University

If sent via U.S. Postal Service:
University of Virginia
Office of Advancement
Attention: Gift Accounting
PO Box 400807
Charlottesville, VA 22904-4807

If sent via other carriers:
University of Virginia
Office of Advancement
Attention: Gift Accounting
Piedmont Centre
2405 Ivy Road
Charlottesville, VA 22903

Appreciated Securities

If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities’ full fair-market value. It is also possible to make a gift with appreciated securities in a mutual fund.

Advantages of a Gift of Appreciated Stock*
Gift of Assets Selling Assets for Gift Proceeds Gift of Cash
Assets’ Fair-Market Value $25,000 $25,000 $25,000
Cost Basis $15,000 $15,000 $25,000
Capital Gains Tax (at 15%) $0 $1,500 $0
Charitable Gift (value of income tax deductions) $25,000 $23,500 $25,000
Income Tax Savings (at 35%) $8,750 $8,225 $8,750
Out-of-pocket Cost of Gift $6,250 $8,275 $16,250
*Assuming maximum tax rates apply.