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 Lawrence 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
- Further our mission today
How to make a gift of stocks and bonds
Stock and Mutual Fund Transfer Instructions
Thank you for your interest in making a charitable contribution to Lawrence University in the form of a securities transfer. Your financial advisor or trust officer can assist you in making a gift of securities via a direct transfer to Lawrence. It is helpful for Lawrence to be notified of intended transfers and eventual use of funds. Please contact Amy Tesch in the Development Office at 920-832-6517, or email at firstname.lastname@example.org. Please note the following information:
Broker: BMO Harris Bank N.A./Trust
Account Name: Lawrence University Stock Gifts Clearing
Stock DTC: 0992
Mutual Fund DTC: 5409
Lawrence Tax ID#: 39-0806297
Free Delivery/Receipts Contact: WOS_MKE_Booking@fisglobal.com
Relationship Coordinator: Eric Witthuhn, BMO Harris Bank N.A.
Contact Information: 414-287-8789 or email@example.com
For assistance with mutual fund transfers, please contact FIS Wealth Outsourcing Solutions: 920-497-5274 or WOS_MKE_Mutual.Fund.Transfers@fisglobal.com.
Wire Transfer Information
Receiving Bank Name: Chase, Wisconsin
Receiving Bank ABA Number: 021000021
Swift Code: CHASUS33
Beneficiary Name: Lawrence University
Beneficiary Account Number: 510100319
Dollar Amount: $_______________
Additional Reference: Please indicate name of person wire is coming from and reason for wire.
BBI: Chase, Appleton
Using appreciated securities to make charitable gifts allows a donor to avoid paying capital gains taxes, and enables them to put the full-value of the stocks toward the college's mission. The following information should be used to direct gifts of stock to Lawrence's brokerage account
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately 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 may obtain this power from your broker or bank. Please remember to use certified mail.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
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.
Lisalyn Jane Dresser, 2022
Clare Scherf Sweetman Scholarship
"The thing I admire most about Lawrence is the diverse community. You are accepted and treated fairly no matter where you are from. Lawrence does not only teach you what you need to know it also helps you to be independent and prepare you to be successful for the future. I have always wanted to be in this prestigious and diverse university. I will forever be grateful to the Clare Scherf Sweetman Scholarship for helping me reach my dream."