A gift of appreciated securities that you have held for more than one year is one way to give and you will be eligible to take a federal income tax-deduction equal to the fair market value of the stock on the date of the gift for up to 30 percent of your adjusted gross income and will not have to recognize the appreciation as capital gain.
The following is specific information about how to give securities or mutual fund shares to Gulliver:
Important: These instructions do not constitute authority to open an account in Gulliver’s name.
Securities held by your bank or broker
Please notify your bank or broker that you are making a gift of securities to Gulliver and instruct your bank or broker to please contact Natalie White, Director of The Gulliver Fund at firstname.lastname@example.org.
Securities held by you
Please send unendorsed certificates by mail, along with a letter giving your name, address, and the purpose of your gift to:
Office of Advancement
9350 South Dixie Highway
Miami, FL 33156
Your bank or broker can supply you with blank stock powers. For most expedient handling, do not fill in Gulliver’s name as transferee on either the stock certificate or the stock power.
Provide the following information to Natalie White, Director of The Gulliver Fund at email@example.com prior to sending:
- Name of the security
- Number of shares
- Name of the donor with class year, if applicable
- Designation of the gift
- Brokerage or bank where the shares are held
To transfer mutual funds, foreign stocks, physical certificates, or any other gifts that may require special instructions, please contact Natalie White, Director of The Gulliver Fund at firstname.lastname@example.org.
Gulliver Prep’s Federal Tax Identification Number: 06-0900712