Guide to Gifts of Stock/Securities

One of the best ways to make a gift to Truman State University is to donate appreciated securities. A stock portfolio is often among the most valuable assets, and one that carries substantial capital gain. However, the downside to assets that have increased in value over the years is that the federal government is prepared to levy taxes on your capital gain. By gifting appreciated securities to the Truman State University Foundation, you receive a "double tax" benefit:

You are entitled to an income tax charitable deduction for the full market value of the appreciated securities if they have been held for at least one year (or for your cost basis if they have been held for less than one year).
You pay no capital gains tax on the transfer.
For more information see our online Planned Giving Guide.

For more information on securities and capital gains, see the Planned Giving section on securities in the section of the web site

Gifts of securities may be made to the University by one of two ways:

1. Securities Held By Your Broker
2. Securities Certificates Held By You

Securities Held By Your Broker

1. Before initiating a gift of securities, please contact Truman's Office of Advancement; Telephone (800) 452-6678 or (660) 785-4133; Fax (660) 785-7519.

2. Inform your broker or banker that you wish to donate securities to Truman State University.

Stock Power Form

3. Have your broker/banker contact Mark Gambaiana, vice president for University Advancement, so that the Truman State University Foundation's broker may be notified to accept the gift and to transmit the details of the transaction.

4. The securities transfer is then handled by the broker/banker and the University's Business Office.

5. The date of the gift is established on the day the securities electronically arrive in the University's account.

See Securities Transfer Instructions

Securities Certificates Held By You

1. Before initiating a gift of securities, please contact Truman's Office of Advancement; Telephone (800) 452-6678 or (660) 785-4133; Fax (660) 785-7519.

2. Mail the "endorsed" securities certificate registered in your name to Truman. The mailing address is: Office of Advancement, McClain Hall 100, 100 E. Normal St., Kirksville, Mo. 63501-4221.

3. Mail in a separate envelope a signed stock power, which you can obtain from your broker/banker or by clicking below. Sending the stock power in a separate envelope protects you from loss. Be sure to sign the power exactly as you are listed on the face of the certificate.

Gift of Stock Transfer Form

4. Enclose a dated letter with your stock power, which identifies the securities, states the program/project to which proceeds are to be allocated, and includes your signature.

5. Upon receipt, your securities gift will be recorded and the certificate sent to the University's broker for immediate disposition.

6. For your tax reporting purposes, the date of your gift is determined by the postmark found on the envelope received last.

See Securities Transfer Instructions.

For more information contact:
Office of Advancement, McClain Hall 100, 100 E. Normal St., Kirksville, Mo. 63501-4221; (800) 452-6678 or (660) 785-4133; Fax (660) 785-7519.