Gifts of Appreciated Securities

It is often beneficial to give a gift via securities. You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them. You pay no capital gains tax on the securities you donate, and you can direct your gift to a specific fund or purpose.

How To Contribute Gifts of Securities

When giving securities, be sure to consult with your financial advisors first. Contact Faith Linsky, Director of Development and Alumni Relations and let her know that the gift is coming, and to which fund or purpose you want us to apply it.

For transfer of securities your broker will need the following information:

PNC Bank, N.A
DTC Clearing #: 2616
Account #: 21-75-074-4461488
Account Name: Antioch University Cash Reserve
Important: Please specify that the gift is for the Antioch University New England campus.

For physical delivery of securities, send them to:
Cleveland Trust Securities
4100 W 150th Street
Mail Stop B7-YB17-03-3
Cleveland, OH 44135

With the shares, please include a reference to the Antioch University Cash Reserve account number 21-75-074-4461488 and specify that the gift is for the Antioch University New England campus.

Please do not sell stock first and then give Antioch University New England the proceeds. Even though you are making a gift, the IRS will impose capital gains tax on your sale, eliminating a key tax benefit of this giving technique.

Also, do not contribute securities that have declined in value. The fair-market deduction rule works against you: if you bought the stock for $50,000 and it’s now worth $30,000, your charitable deduction will be limited to $30,000. You won’t earn a capital loss by making the transfer to us, either. Instead, sell the depreciated stock, claim the resulting tax loss as one deduction, then make a deductible cash gift to Antioch University New England with the proceeds.

Please note that non publicly traded securities receive special attention and may take longer to transfer. Please contact Cindy Rodenhauser Stewart, Campus Director of Institutional Advancement to discuss options.