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Securities Susquehanna University gratefully accepts gifts of stock, bonds, mutual funds, and other securities. We suggest that you coordinate your gift with your attorney, accountant, or financial advisor. In many cases, you can receive a double tax advantage by donating securities that have appreciated significantly in value. You will receive an income tax deduction for the fair-market value of the securities and avoid all capital gains tax on the appreciation. Stock Gifts of stock may be made in three ways:
Stocks are credited at the mean value between the high and low trades on the date they 1) were hand-delivered or mailed (date of postmark) in negotiable form to Susquehanna or its agent; or 2) were placed in an account in Susquehanna's name. Closely held stock with no ready market value is credited at the appraised value. Neither gains nor losses realized by the University's sale of the securities after their receipt will affect the credited gift value. Any brokerage fee incurred will be paid by Susquehanna, and changes in value prior to liquidation will be considered operating expenses or income of the University. Note: Please do not send stock certificates to a corporation or to a corporation's transfer agent for transfer into Susquehanna's name. This restricts your ability to select a date to make the gift. In cases where such a transfer is made, the date of the gift is the date on which the stocks are transferred into the University's name on the corporate books. Mutual Funds and Other Securities Susquehanna also accepts gifts of mutual fund shares and other securities. Please contact the Development Office at 800-353-7970 for more information. Student Life | Athletics | Support SU | Faculty/Staff |
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