Gifts of Stock
A gift of appreciated stock is an excellent way to make a gift while simultaneously avoiding a capital gains tax and taking a charitable deduction.
Assuming the donor has a broker, the donor should advise the broker that he or she wants to make a gift to The University of Texas at Austin. As well, the donor should send a letter or an email to Kelsey Evans containing the following information:
- The name of the stock
- The number of shares
- The donor’s name and address
- What the stock will be used for (specific use and purpose)
The stock gift will actually be made to the Board of Regents of The University of Texas System for the use and benefit of The University of Texas at Austin. All stock transfers are coordinated and accepted through the UT System Office of Estates and Trusts. For specific transfer instructions including DTC account number and wiring information, please email or call Ms. Charlotte Hambrick at chambrick
@utsystem.edu at (512) 499-4346.