Gifts of Stocks (Appreciated Securities)

Appreciated securities-an excellent gift 
Your gift of appreciated marketable securities to Wartburg College is an easy way to gain substantial tax benefits. Most gifts of appreciated securities that you have held long term (more than one year) are fully deductible at fair market value, and you do not incur a tax on unrealized capital gain.

A good time to donate securities 
Consider a gift of appreciated securities whenever you prefer not to incur capital gains tax, such as in these circumstances:

• When you wish to upgrade your portfolio 
• When you wish to donate cash or holdings in your closely held corporation 
• When you wish to increase your cost basis in a stock you intend to hold 
• When you want a higher yield

Ways to donate appreciated securities

By Phone: If your broker or bank holds your securities:

1.  Instruct your bank or broker to transfer your gift of securities to Wartburg College electronically.  The information you will need to give your bank and broker is as follows:

Please deliver (number) shares of (stock name) from my account to Wartburg College.  Delivery instructions for Wartburg College are:

  • Account name:  Wartburg College
  • Account #:  5EG007219
  • DTC #:  0443
  • Transfer agent: Pershing

Any questions regarding these instructions may be directed to Scott Durscher, the Accel Group, at  319-596-1100 (or 1110) or toll-free at 800-369-3525, or atSDurscher@RDAFN.com or contact Chastity Hemer at  chemer@rdafn.com. Their fax number is 319-352-2075.

OR

2. Ask your bank or broker to call the Wartburg College Department of Advancement at 319-352-8495 for routing instructions.

OR

3. Write a brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), your broker’s name and phone number, and the purpose to which you wish to direct your gift. Mail your note on the same day and we’ll contact you upon receiving your document. Wartburg College, 100 Wartburg Blvd., Dept. of Advancement, Waverly, IA 50677

By Mail:

1. Send your unendorsed stock certificate(s) by registered mail to: 
Wartburg College, 100 Wartburg Blvd., Dept. of Advancement, Waverly, IA 50677

2. In a separate envelope, by regular mail, send to the same address:

a. A signed stock power** (one power for each certificate; complete the signature block exactly as the stock is registered) and

b. A brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), and the purpose to direct your gift. 
Mail both envelopes on the same day. The “date of the gift” is determined by the postmarks. **stock power documents may be obtained from our office.

By Hand:

1. Bring your unendorsed stock certificate(s) to: 
Wartburg College, 100 Wartburg Blvd., Dept. of Advancement, Waverly, IA 50677

2. Sign a stock power (one power for each certificate; complete the signature block only and exactly as the stock is registered). Receive a receipt acknowledging your gift and its purpose. The "date of gift" is the date you deliver the securities.

3. Bring a brief note identifying yourself (name, address, phone number) and describing the number of shares, the name(s) of the stock(s), and the purpose to direct your gift.

Other questions? 
If you have questions about tax regulations on gifts of appreciated securities, gifts of closely held stock, or ways to make your gift, please call 319-352-8495 or send an e-mail to development.office@wartburg.edu.

If you wish to use appreciated securities to fund a charitable trust, annuity, or other life income gift, please call 319-352-8495.