Make a Gift using Stocks or Mutual FundsGifts of stocks and mutual funds are coordinated by Gift Accounting at the Office of Development and Public Affairs. The University will direct proceeds from the sale of these assets to any school or program you wish. |
Other ways to Give
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Matching GiftsFind out now if your company matches gifts made by employees, board members, retired employees, and spouses. |
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  Electronic Transfer: Giving stock through electronic transfer is the easiest method when a donor maintains holdings in a brokered account. Depository Trust Company, or DTC, is the clearinghouse for electronic security transfers. Each brokerage firm has a specific DTC number. When you wish to make a gift of stock, provide the following information to the transferring broker:
Please alert Gift Accounting at U.Va. before the transfer so that the University can make arrangements with its broker to receive the stock. The University cannot sell an unidentified security. At the same time, please indicate the purpose of the contribution, such as an annual gift to a school, a pledge payment, or funds for a planned gift.
Stock Certificates and Stock Powers: If you send a stock certificate that is in your name, a letter of intent must be included. Under separate cover, please send a signed stock power (opens PDF file). The University does not recommend sending signed certificates. Stock powers are available from Gift Accounting or from any broker. On the stock power, your signature is the only item that is needed. If the certificate is in the University's name, no stock power is needed. The process for reregistering stock certificates (transferring the certificate into the University's name) can take from two to four weeks. Stock certificates should be sent to:
If the certificates have been reregistered to the University of Virginia, a letter should be included identifying the donor and the purpose of the gift.
Using a Share Transfer Form: Most mutual fund companies will provide a standard Transfer of Shares to New Owner Form that authorizes the transfer of shares from your account into an account opened for the University. The form must be completed by you and the University. You may either leave the "transfer to" portion of the form blank and allow the University to fill it in, or you may indicate that the shares are to be transferred to the Rector and Visitors of the University of Virginia. Please use the University's corporate name rather than that of a school or department at U.Va. If you wish to designate your gift for a specific area, please note this in a letter accompanying the form when it is sent to the University. All persons listed in the "transfer from" section of the form (owners of the account) must sign the form. All signatures must be medallion guaranteed, not notarized. Medallion guarantees are available at a bank or a brokerage. After completing your portion of the form, please send it to the University's Office of Development and Public Affairs at the following address: If
sent by U.S. Postal Service: If
sent by other carriers: Gift
Accounting will forward the form to the mutual fund company
with instructions that the shares be sold and the proceeds
sent to the University. The funds will be directed to any
school, program, or purpose you designated in the letter you
sent with the form. Gifts of mutual fund shares do take some time to finalize, so advance preparation is recommended when the timing of a gift is critical. For More Information: |
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