Gifts of securities often confer significant tax benefits on a donor. For example, contributions of appreciated securities held for over a year are generally deductible at market value, regardless of what the donor paid for them; moreover, the capital gains tax is avoided through such a gift.
To transfer securities to the University via DTC (Depository Trust Company), please use the following instructions:
DTC #8862
Saint Joseph's University Account No. 870-04728
Saint Joseph's University Tax ID No. 23-135-2674
In order to promptly and accurately credit a security gift to you, please ensure the transfer instructions to Merrill Lynch include your name and the purpose of the gift. You can also communicate this information directly to SJU by emailing giving@sju.edu in advance of the stock gift being made.
If you or your broker requires further information or has questions, please contact Merrill Lynch's Pat Cahill (610-668-6167) or Jamie Policare (610-668-6123). Merrill Lynch's address is 2 Bala Plaza, Bala Cynwyd, PA 19004.
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