We’re not a mid-major… we’re number one!

With stock prices at an all-time high, gifting appreciated stock is a great way to make a gift to Gonzaga!

You may bypass the capital gains tax and get a charitable deduction for the full fair market value of your shares on the day of the gift transfer.
See below for more information on how to make a gift to GU using appreciated stocks. Or visit our website.

Making a gift of securities (stocks, bonds or mutual funds) can have advantages for you and Gonzaga University.

You may receive an income tax deduction for the full market value of the donated shares if you’ve held the securities for more than one year, and you may avoid capital gains tax on the appreciation. Procedures for donating securities depend on how you hold them.  In each case, we ask that you notify us of your intent to make a gift of securities so that we can track the gift and assure its proper completion. This will also ensure that you receive accurate and timely acknowledgement of your gift for income tax purposes.

  1. If the stock is held by your broker or commercial banker, an electronic transfer to Gonzaga’s brokerage account is the most efficient method of transfer, especially at year-end.
  2. If the securities are held in certificate form, there are several methods for assuring safe transfer of the securities to Gonzaga – please contact us!
  3. For gifts of mutual funds, please contact us first, because procedures may vary slightly with each mutual fund company. Please allow 4-6 weeks for this process, especially if you wish to contribute mutual funds by December 31st of a calendar year, for tax purposes.

Please contact the Office of Planned Giving to notify GU of your intention to make a gift of securities or mutual funds; we can help make the process as simple as possible.

To facilitate the process, please have the information available:

  • Name of the stock/mutual fund
  • Number of shares
  • Designation (uses and purposes) of the gift
  • Approximate date of expected gift (in order to inform GU’s Controllers office)

 

Electronic Transfer Instructions:

You will need to provide your broker or bank with Gonzaga University’s account information. Please contact Judy Rogers or Annette Davis at 509.313.6141 (800-388-0881) to obtain the necessary information.

We can also provide “sample instruction letters” for you to send to your broker if needed. Gonzaga University has a brokerage account with Morgan Stanley Smith Barney and an account with Merrill Lynch.

 

Contact info:

Office of Planned Giving – Gonzaga University – 502 East Boone Avenue – Spokane, Washington 99258-0098
Toll Free: 800.388.0881
Phone: 509.313.6141
Fax: 509.313.6144
E-mail: plannedgiving@gonzaga.edu

 

GO ZAGS!