Hampshire College

GIFTS OF STOCK

Transferring stock to Hampshire is, for many, the preferred way to make a gift. It’s easy and your gift is fully tax-deductible at the current market value of the stock. Here’s how it works:

A gift of appreciated securities creates a win-win situation: you win by avoiding the high cost of capital gains tax and by receiving a tax deduction for the appreciated security. In most cases, you may deduct the fair market value of your gift. For example, you purchased stock in 1990 for $250 and it is now worth $2,000. If this is an outright gift, you can claim a $2,000 charitable deduction on your next income tax return. In a 31% bracket, that’s a tax saving of $620. Additionally, you avoid federal and state taxes that would be due if you sold the stock.

How to transfer stock:

1. Call 413.559.5772 or email Theresa Leroux that a gift is being transferred. Provide the donor name, number of shares, the name of the stock {or the stock code} as well as the proposed designation.

2a. If the certificate is held by a bank or broker, please ask that the certificate be forwarded via the DTC system.


A.G. Edwards DTC number is 201
Attn: Mark Teed
Account number: 3264 1381
To: The Trustees of Hampshire College


2b. For stock gifts valued at or above $75,000, please ask that the shares be forwarded via the DTC system to:


Gage-Wiley DTC number is 141
Account number 3858 2751
To: The Trustees of Hampshire College


3. If you hold the certificate, please send the unsigned certificate in one envelope (registered mail) and in a separate envelope the signed stock power to:


Mark Teed
A.G. Edwards, Inc.
1200 Main Street
Springfield, MA 01103-2199
800.628.8466
413.788.6111 Springfield, MA
413.584.1607 Northampton, MA



If you have any questions, please do not hesitate to email Theresa Leroux, Director of Advancement Services or call 413.559.5772. Thank you for considering Hampshire in your charitable plans.