Gifts of Securities

Thank you for considering a gift of securities in support of Notre Dame. 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 gift.

To Make a Gift of Securities

To notify Notre Dame of a gift of securities, please contact either our Director of Development Donor Services or Manager of Gifts and Trusts, with complete donor information (name, address, phone number), the name and type of securities to be gifted (public, private, restricted, mutual fund, etc.), the number of shares, and the date you intend to make the gift.

Types of Transfers

1) Instructions for DTC Transfer of Stock to the University of Notre Dame

To transfer securities to the University of Notre Dame via DTC, please use the following instructions:

DTC #0164, Code 40
University of Notre Dame Charles Schwab Account No. 8992-3609
Donor Name & Address:_______________________

In order to promptly and accurately credit a security gift to the appropriate donor, it is essential the transfer instructions include the donor’s name and address. Without this information we are occasionally unable to identify the donors of certain securities.

In order to determine if a security gift is to be an unrestricted gift or to be applied to a specific use or purpose, please contact Carol J. Hennion in our Development Office at (574) 631-5546 or e-mail her at carol.j.hennion.1@nd.edu.

If your broker requires further information, have him or her contact:

Ms. Sally J. King
Charles Schwab & Co., Inc.
137 North Meridian Street
Indianapolis IN 46204
(800) 217-2421 or (317) 634-2484

Notre Dame Investment Office contacts are:
Primary Contact:

It is very important to the University that we appropriately acknowledge the generosity of our benefactors in a timely and accurate manner. It is often difficult to identify the donor after a gift of securities is processed, particularly in the case of an electronic transfer. Therefore, please ask your broker to include your name and address in the DTC transfer instructions, and also please inform our Director of Donor Services or Manager of Gifts and Trusts of your gift by email, phone, or letter (see contact information above).

2) Mutual Fund Transfer

Mutual fund units cannot be electronically transferred via DTC.

The method used to transfer mutual funds to Notre Dame varies, depending on how the fund units are held:

• Mutual funds held in a Charles Schwab account can be transferred directly to the University’s Charles Schwab account by journal entry.
• If your mutual fund is held with a brokerage firm other than Charles Schwab, your broker should contact our Charles Schwab representative to arrange for the transfer (see contact information above).
• If your mutual fund is held in an account with the fund company, it may be possible to transfer it into an account in the University’s name with the fund company. Please contact the Manager of Gifts and Trusts to determine if a Notre Dame account exists:

3) Physical Delivery

Stocks and bonds may be sent to Notre Dame’s Department of Development or Investment Office by certified U.S. mail with return receipt requested.

• If the donor is the registered owner of the certificate, a Stock and Bond Power signed by the owner, exactly as the name appears on the certificate, with a Medallion signature (which you can likely obtain through a bank or broker) must be provided. To ensure your security, please mail the certificate and Stock and Bond Power separately.
• If the stock or bond has already been registered to Notre Dame, no Stock and Bond Power is necessary. However, in order for the University to properly credit the gift, a letter identifying the donor is essential.
• In instances where a stock or bond is to be registered to Notre Dame before it is mailed to us, you will be required to supply the transfer agent with a mailing address and taxpayer identification number. Either of the following can be used:

Securities Gift Forms are available on the Investment Office Website

Gift Valuation Date

1) Physical Securities

The gift valuation date for physical securities is determined by the postmark on the envelope used to mail the securities. For hand delivery of securities, the gift valuation date is the date the securities are turned over to University representatives.

2) Electronic Transfers

The gift valuation date for securities sent to us via DTC is the date the securities are deposited into our Schwab account.

3) Mutual Fund Transfer

The gift valuation date for mutual fund units is the date they are deposited into our Charles Schwab account or into a mutual fund account in the University’s name.

Valuation Method

The value of a stock gift is calculated by averaging the high and low quoted selling prices for the stock as of the gift valuation date. The value of a bond gift is calculated by averaging the bid and ask prices for the bond as of the gift valuation date. The value of a mutual fund gift is calculated using the Net Asset Value (NAV) for the fund as of the gift valuation date.

Acknowledgement of Gift

As soon as a securities gift is received and matched to a donor, the Investment Office sends an acknowledgement letter stating the nature of the gift, the gift valuation date, and the gift valuation amount. A more personal acknowledgement will also be sent from the Office of University Relations.

Please note: The University of Notre Dame is an educational institution and does not provide tax, legal, or financial advice. Any document or information shared by our staff is intended to be educational. We strongly encourage donors to seek counsel from their own legal and financial advisors. Please be aware than any information or documents shared by our staff cannot be used to avoid tax-related penalties.

Questions? Please contact us.