Gifts of Stock
The Fredonia College Foundation welcomes gifts of appreciated securities
Many donors choose this type of gift because it is simple to execute, has many income tax advantages and may allow you to make a larger gift than what you might have been able to donate otherwise.
A gift of stock entitles you to a federal income tax charitable deduction. If you itemize and if the stock you wish to donate has been held for more than one year, you are entitled to base it on current fair marekt value of the securities, regardless of their lower original cost, and you can avoid capital gains tax on any appreciation of the stock by donating the stock prior to sale.
Thank you for your interest in giving a gift of securities to support Fredonia. Once you decide to make this type of gift, transferring the stock to the Fredonia College Foundation is simple. It's important to let us know of your intended gift or transfer so we can identify the source and receipt your gift properly. Please contact our office at (716) 673-3321 or by email at email@example.com.
Authorize your broker or agent to transfer the stock to Fredonia College Foundation's account at:
Account Name: The Fredonia College Foundation
Clearing Broker: Fidelity Investments
Account Number: 614-414565
Depository Trust Company Number (DTC): 0226
Information for transferring broker
Chase Manhattan Bank
One Chase Manhattan Plaza
New York, New York 10005
PTC System, NFSCF