Many donors prefer to gift appreciated securities, rather than cash, to Centenary University. This option provides you with extra tax advantages. Through tax deductible gifts of stocks and securities, you avoid paying tax on capital gains, which would be assessed if you sold the securities.
If you would like to make a gift of stock to Centenary University, you will need this information:
Charles Schwab
Account Name: Centenary University
Account Number: 40172456
DTC #0164
Code 40 (may not be needed)
Once transferred, please contact Jen Vance, Development Officer, at 908-582-1400, ext. 2336 or via email at jen.vance@centenaryuniversity.edu with the following information:
• Donor’s Name
• Name of stock
• Number of shares
• Estimated value if known
• Designation of donation