Stock Gifts

We appreciate your interest in supporting Stony Brook University through a Stock Transfer gift. Donating stock offers numerous benefits, including potential avoidance of capital gains tax on appreciated assets and a charitable income tax deduction for the full fair market value. The value of your gift is calculated based on the average of the highest and lowest selling prices of the stock on the date it is delivered. For closely held or non-publicly traded stock, an appraisal will be necessary to determine its value. Additionally, marketable bonds or other securities, regardless of maturity date, are also acceptable gifts. We strongly encourage you to consult your financial advisor to explore how you can maximize the benefits of making such a contribution.

You can donate publicly-traded securities either held electronically or in certificate form using the instructions below:

A. Electronic Stock Transfers via DTC

Please note that you must initiate all securities donations and consult your broker to confirm the stock's eligibility for electronic delivery over the Deposit Trust Company (DTC) system. This is the fastest, most secure and cost-effective method of donating securities.

Acknowledgment will be made in compliance with IRS regulations, so consult your tax advisor before making a charitable donation to any organization. Donation is made to:

Stony Brook Foundation (Tax Identification No: 11-6077945)

Legal Address: 230 Administration Building, Stony Brook, NY 11794

Processing Procedure:

1. Please use the attached form and notify the Advancement Office prior to initiating your stock transfer
2. The information you need to give to your broker is the following:

•Administrator: David Smith
•Phone: 631-632-4469
•Clearing House: Charles Schwab & Co., Inc.
•DTC #: 0164
•SBF Account #: 1451-7544

(Please Note: For any mutual fund transfers, please contact the SBF office directly as additional information will be required.)

1. For direct broker transfers, the date of the gift will be the date securities are transferred to our account at Charles Schwab.
2. The Advancement Office will notify you at the conclusion of the transaction

B. Securities Registered in the Name of Donor and Held by Donor

Send unendorsed stock or bond certificates by registered mail to:

Stony Brook Foundation
Advancement Office
P.O. Box 1511
Stony Brook, NY 11790

In separate envelopes, please send signed stock powers and stock release form (this form does not need to be notarized) to the Stony Brook Foundation at the above address. Sign one stock power for each company (e.g.,) 5 certificates of IBM require only one stock power. Signatures on the stock powers should correspond exactly with names as they appear on the certificates to ensure proper validation and avoid delays in processing your gift. Information on the number of shares, the company name and the certificate number(s) may be filled in. If left blank, we will complete the form for you.

The postmark date on the envelope of the transfer document is considered the date of the gift. If securities and stock power are personally delivered to the University, that date on which the donor has irrevocably relinquished control of the asset is the date of the gift.

A gift letter indicating the number of shares and the name(s) of each company whose stock is being donated will be sent to you for signature along with a return envelope to the Stony Brook Foundation.

The Advancement Office notifies donors at the conclusion of the transaction.

C. Securities Registered in the Name of SBF or Any Other Situation

Please contact SBF directly at (631) 632-6536.