Stock gifts are increasingly popular, especially in view of recent market growth and the tax advantages associated with donating appreciated marketable securities. Stock gifts, for the benefit of the University at Buffalo, are made through the University at Buffalo Foundation, Inc. (Federal ID #16-0865182), using one of three methods, depending upon which is preferred by the donor.

1. Broker to Broker Transfer
The quickest and most secure method to donate stock is to transfer from the donor's broker to the Foundation's broker through the Depository Trust Company (DTC). Such transfers should be made to DTC #5198 (Merrill Lynch) for credit to account #81C-04001, naming University at Buffalo Foundation, Inc. Simultaneous notification by fax or letter directed to the Foundation is also important. This notification should include donor name, number of shares, and the company name of the stock. If you are making the gift to the School of Nursing your notification must also indicate this.

2. Securities Registered to UB Foundation
Donating securities registered by the donor in the name of the University at Buffalo Foundation, Inc. requires the donor to work through the stockholder relations office of the company to arrange for a certificate to be issued in the Foundation's name. This certificate should be sent to the Foundation's office by registered mail or overnight courier accompanied by a letter indicating the name of the donor. If you are making the gift to the School of Nursing your letter must also indicate this.

3. Directly Transferring a Stock Certificate Donating a stock certificate registered in the donor's name requires sending a stock power signed by the donor (or certificate with donor's signature on the back) transferring the certificate to the University at Buffalo Foundation, Inc. Due to the negotiable nature of this approach, care should be taken to hand deliver, or send by registered mail or overnight courier. Separate mailings, one with the certificate and a second with the signed stock power also may be advisable. A transmittal letter signed by the donor indicating the number of shares, the company name of the stock, and the certificate number should accompany the mailing. If you are making the gift to the School of Nursing your letter must also indicate this.

1. The donor or broker should feel free to contact the Foundation with questions at any time during the process.

2. Valuation of marketable security gifts is established at the average of the high and low quoted selling prices (or the average of the bid/ask in the case of certain securities) on the date the donor relinquished control of the assets.

3. The donor should make clear any restrictions or designations for the use of this donation.