Support Whittier
Gifts of Stock
The gift of an asset, often common stock or mutual fund shares, is a valuable way to make a contribution to Whittier College and receive tax benefits based on the value of the asset(s). By giving appreciated securities that you have held at least 12 months, you can both create a charitable income tax deduction for the full fair market value of your shares and avoid paying capital gains tax on the paper gain. With a gift of securities, your charitable deduction is limited to 30% of your AGI limitation, for up to five additional years.
Please note: If you have securities that have depreciated in value, you should sell the securities and contribute the proceeds. You can also take a capital loss on the sale of the asset.
Electronic transfer of securities gifts makes donations quite simple. Here is the information you need to give to your broker to complete such transfers:
Send to:
Wachovia Securities
c/o Mr. Jack McFerran
Vice President-Investment Officer
2400 E. Katella Ave., Suite 1000
Anaheim, CA 92806-5945
Tel. (714) 940-3100
Fax (714) 456-9144
Toll Free: (800) 300-4428 (in California only)
D.T.C. #141
Whittier College Account #8313-6985
College Tax I.D. #95-1644048
(Click here to download .pdf with DTC Instructions)
Important: When you are gifting stock, please notify us by providing the transfer date, the number and type of shares, and from which brokerage office it will be sent for proper recording. Please contact the Office of Advancement at (562) 907-4213.
