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
For more information see our online Planned Giving
For more information on
securities and capital gains, see the
section on securities in the section of the web site
securities may be made to the University by one of
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.
your broker or banker that you wish to donate
securities to Truman State University.
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
5. The date of the gift is
established on the day the securities
electronically arrive in the University's
Securities Transfer Instructions
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 205, 100 E.
Normal Ave., 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.
sure to sign the power exactly as you are listed on the face of the
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
5. Upon receipt, your securities gift will be recorded and the
certificate sent to the University's broker for immediate
6. For your tax reporting purposes, the date of
your gift is determined by the postmark found on the envelope
Securities Transfer Instructions.
For more information contact:
Office of Advancement, McClain
Hall 205, 100 E. Normal Ave., Kirksville, Mo. 63501-4221; (800) 452-6678
or (660) 785-4133; Fax (660) 785-7519.