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Gifts of Stock or Appreciated Securities

 


How It Works

  • You transfer appreciated stocks, bonds, or mutual fund shares you have owned for more than one year to Drexel University.
  • Drexel sells your securities and uses the proceeds for our programs.
  • Use our Stock Transfer Form to facilitate the gift.

Benefits

  • You receive an immediate income tax deduction for the fair market value of the securities on the date of transfer (even if you originally paid much less for them).
  • You pay no capital gains tax on the transfer when the stock is sold.
  • Giving appreciated stock can be more beneficial than giving cash. The "cost" of your gift is often less than the deduction you gain by making it.


Contact Us

215.895.2612

Mail your gift to:

Drexel University
P.O. Box 8215
Philadelphia, PA 19101-9684

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