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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 Saint Mary's University of Minnesota.

Flowchart: Donor makes a gift of stocks or bonds to SMU.

Benefits of gifts of stocks and bonds

  • Avoid paying capital gains tax on the sale of appreciated stock
  • Receive a charitable income tax deduction
  • Fullfill your philanthropic goals
  • Further our mission today

How to make a gift of stocks and bonds

By electronic transfer - Saint Mary's University of Minnesota welcomes gifts of appreciated stocks and securities. Many benefactors prefer this type of gift for its simplicity and for its tax advantages.

Gifts of stocks and securities can easily be transferred to Saint Mary's account at Linsco Private Ledger (LPL Financial). Listed below are the name and telephone number of Saint Mary's LPL agent, the DTC # for LPL Financial, and the university's account number. This information should be all a broker or agent needs to complete the transfer of stock or securities from the benefactor's account to Saint Mary's account.

Agent: Larry Schamberger
Telephone: (608) 784-9100 (La Crosse, Wisconsin office)
DTC #: 0075
Account #: 6305-8609

To assist us in processing and acknowledging a gift of stock or securities, please contact Nancy Hershfield, Senior Director of Major and Planned Giving - Planned Gifts, to let her know the type and amount of securities being given to Saint Mary's and any desires of the benefactor as to use of the gift (e.g., annual support, scholarships, First Generation Initiative, Science Initiative, or athletics). Nancy can be reached at Senior Director of Major and Planned Giving or (612) 238-5106.

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.

Using certified mail, send the certificate and signed stock power to:
Nancy Hershfield
Senior Director of Major and Planned Giving, Planned Gifts
Saint Mary's University of Minnesota
700 Terrace Heights #21
Winona, MN 55987

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.

Contact us

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.