Appreciated Securities

A Tax-Savvy Way to Benefit from Growing Assets

Securities and mutual funds that have increased in value and been held for more than one year are popular assets to use when making a gift to Barnard College. Making a gift of securities or mutual funds offers you the chance to support our work while realizing important benefits for yourself.

When you donate appreciated securities or mutual funds in support of our mission, you can reduce or even eliminate federal capital gains taxes on the transfer. You may also be entitled to a federal income tax charitable deduction based on the fair market value of the securities at the time of the transfer.

Securities are most often used to support our work in the form of:

An outright gift. When you donate securities to Barnard, you receive the same income tax savings that you would if you wrote a check, but with the added benefit of eliminating capital gains taxes on the transfer, which can be as high as 20 percent.

A transfer on death (TOD) account.* By placing a TOD designation on your brokerage or investment account, that account will be paid to one or more persons or charities after your lifetime.

Additional ways to fund your gift:

*State laws govern transfer on death accounts. Please consult with your bank representative or investment advisor if you are considering this gift.

Instructions for donating securities held by your broker, bank or other financial institution (DTC-eligible securities*):

  1. Prior to initiating your gift, please call Yvette Edlow in Barnard's Development Office, at 646.745.8301. Barnard College needs advance notice of transfers to ensure that the College is prepared to receive the transfer and can acknowledge your gift properly and in a timely manner.
  2. Notify your broker that you want to make a gift of stocks or bonds to Barnard College and instruct your broker to transfer the securities, if DTC-eligible, to Barnard's account with J.P. Morgan Securities LLC. Your broker will need the following information:

    J.P. Morgan Securities LLC
    DTC number: 0352
    Account Name: Barnard College, Account: 202-13494
    Crest#: 5KKAV, Euroclear#: 90014

    Please Note: all transfers must include the keyword “DNR” or “DONOR” in the free text field (70E Field). Failure to include this may result in the securities being rejected and returned to the donor.

    The tax identification number of Barnard College is 13-1628149.

    View a sample Letter of Authorization to your broker.

If you have any questions or require additional assistance in making a gift of securities held by your broker, bank, or other financial institution, please contact Kiara Morales at 212.853.8019 or devops@barnard.edu.

Instructions for donating securities held as physical certificates:

  1. Send the unendorsed stock certificate(s) or bond(s) either by regular or registered mail, together with a letter to the address below (i) stating that you are making a gift of securities to Barnard and (ii) indicating the purpose of the gift:

    Barnard College
    Planned Giving
    3009 Broadway
    New York, NY 10027-6598

    View a sample Stock Certificate Transmittal Letter.

  2. Under separate cover, send a stock or bond power for each stock certificate or bond to the address indicated above. You may obtain blank stock powers from your bank or broker, or you may print out a blank stock/bond power form.

    • Except for your signature on the power (and a bank or brokerage firm's signature guarantee, often a "Medallion signature guarantee"), do not complete the stock or bond power form. Please note that your signature must exactly match the name that appears on the stock certificate or bond.
    • Please enclose a copy of the stock certificate transmittal letter with the signed power.

Donating shares of mutual funds:

*Please note that mutual fund shares may not be transferred through the DTC system. If you are considering a gift of mutual fund shares, please contact Kiara Morales at 212.853.8019 or devops@barnard.edu.

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Next Steps

  1. Contact JiHae Munro, Director, Planned Giving, at 212.853.8313 or Alison Robbins, Senior Associate Director, Planned Giving at 212.853.8314 or plannedgiving@barnard.edu for additional information on appreciated securities.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Barnard in your plans, please use our legal name and federal tax ID.

Legal name: Barnard College
Address: 3009 Broadway, New York, NY 10027
Federal tax ID number: 13-1628149

Personal Estate Planning Kit

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This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

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