Gifts of stocks and bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Virginia Commonwealth University*.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Support VCU today
How to make a gift of stocks and bonds
By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to Virginia Commonwealth University.
By certified mail - If you hold securities in certificate form, you should use two separate envelopes to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You can obtain a stock power from your broker or bank. Remember to use certified mail. Please contact us before you mail these envelopes for further instructions and to let us know to expect them.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of a share of stock is determined by taking the average between the highest and lowest quoted selling price for a share of stock on the date of the gift. Consult your tax advisor to confirm IRS stock, bond and mutual fund charitable gift rules that apply to you. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
*Or an affiliated foundation for the benefit of VCU.
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.