Gifts of securities often provide significant tax benefits to a donor. For example, contributions of appreciated securities held for over a year are generally deductible at fair market value, regardless of what the donor paid for them; moreover, the capital gains tax is avoided through such a gift.

To Make a Gift of Securities

To notify Ave Maria of a gift of securities, please contact Rebecca Alves 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.

Rebecca Alves
Program Manager - Donor Relations
5050 Ave Maria Blvd
Ave Maria, FL 34142
e: rebecca.alves@avemaria.edu
p: (239) 280-2574

TYPES OF TRANSFERS

1) DTC Transfer of Stock or Mutual Funds

To transfer securities to the Ave Maria University via DTC, please use the following instructions:

DTC #0443, Pershing LLC
Ave Maria University, INC P1R-772741

In order to promptly and accurately credit a security gift to the appropriate donor, it is essential that 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 Rebecca Alves in our Advancement Office at (239) 280-2574 or email her at rebecca.alves@avemaria.edu

If your broker requires further information, he or she should contact:

Comerica Securities
39400 Woodward, Ste 255
Bloomfield Hills, MI 48304
(800) 327-7058 or (248) 645-4147

IMDawe@comerica.com

Ave Maria University Business Office contact is:

Tracy Flack
Senior Accountant
5050 Ave Maria Blvd
Ave Maria, FL 34142
e: tracy.flack@avemaria.edu
p: (239) 304-7097

2) Physical Delivery

Stocks and bonds may be sent to Ave Maria University's Advancement 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 Ave Maria University, 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 Ave Maria University before it is mailed to us, you will be required to supply the transfer agent with the following mailing address and taxpayer identification number: 030482006

GIFT VALUATION DATE

1) Electronic Transfers

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

2) 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.

3) Mutual Fund Transfer

The gift valuation date for mutual fund units is the date they are deposited into our Comerical Securities or into a mutual fund account in the name of Ave Maria University.

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.

Please note: Ave Maria University 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 that any information or documents shared by our staff cannot be used to avoid tax-related penalties.