Ways to Give / Stocks & Securities

Stocks and Securities

How to Transfer a Gift of Stock to Madison House

If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift to Madison House with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities’ full fair-market value. 

Electronic transfer is the easiest method if you maintain holdings in a brokered account. 

1. Before making a transfer, call your broker and provide the following information:

   1. For DTC eligible securities (restricted stock):

      Clearing Broker: Davenport and Company LLC
      DTC Participant #: 0715
      Account Number: 84949411
      Credit: University of Virginia Fund
      Reference: [Your Full Name]

   2. For DTC eligible securities (common stock and mutual funds):

      Clearing Broker: Pershing LLC
      DTC Participant #: 0443
      Account Number: N7M-001327
      Credit: University of Virginia Gift Account
      Reference: [Your Full Name]

2. Then, email Madison House Director of Advancement Allison Reed, or call Allison at (434) 297-9755 to provide your contact information, the name of your stock, and the number of shares.