St. Cloud State University Foundation

Gifts of securities often confer significant tax benefits on a donor. For example, contributions of appreciated securities held for over a year are generally deductible at market value, regardless of what the donor paid for them; moreover, the capital gains tax is avoided through such a gift.

To Make a Gift of Securities

To notify St. Cloud State of a gift of securities, please contact your Development Officer or Roger Lewis, Director of Finance with complete donor information (name, address, phone number), the name and type of securities to be gifted (public, mutual fund, etc.), the number of shares, and the date you intend to make the gift.

Roger Lewis
Director of Finance
St. Cloud State University Foundation
Lewis House
rplewis@stcloudstate.edu
(320) 308-4818

Types of Transfers

DTC Transfer of Stock

To transfer securities to the St. Cloud State University Foundation via DTC, please use the following instructions:

Deliver to:

U.S. Bank NA
Attn:  Tina Jacobsen, Relationship Manager, Charitable Services Group
101 East 5th Street, 14th Floor
St. Paul, MN   5510
Tina.Jacobsen@usbank.com
Voice: (651) 466-8088
Fax:  (651) 466-8742

St. Cloud State University Foundation, Inc., Expendable Account
DTC #:  2803
Account #:  080017777200
Account Tax ID #: 41-6019040
Donor Name & Address:_______________________

In order to promptly and accurately credit a security gift to the appropriate donor, it is essential that the transfer instructions include the donor’s name and address. Without this information, we are occasionally unable to identify the donors of certain securities.

Please contact Bob Beumer, Director of University Development at (320) 308-3716 or via email at rfbeumer@stcloudstate.edu whether your gift is to be unrestricted or designated to a specific fund.

If your broker requires further information, he or she should contact US Bank at the above address.

Physical Delivery

Stocks and bonds may be sent to the St. Cloud State University Foundation by certified U.S. mail with return receipt requested.

If the donor is the registered owner of the certificate, a Stock and Bond Power signed by the owner, exactly as the name appears on the certificate, with a Medallion signature (which you can likely obtain through a bank or broker) must be provided. To ensure your security, please mail the certificate and Stock and Bond Power separately.

If the stock or bond has already been registered to the St. Cloud State University Foundation, no Stock and Bond Power is necessary. However, in order for the Foundation to properly credit the gift, a letter identifying the donor is essential.

In instances where a stock or bond is to be registered to the St. Cloud State University Foundation before it is mailed to us, you will be required to supply the transfer agent with the following mailing address and taxpayer identification number:

St. Cloud State University Foundation
Lewis House
720 Fourth Avenue South
St. Cloud, MN  56301
ID #:  41-6019040

Securities Gift Forms are available by contacting:

Roger Lewis
Director of Finance
St. Cloud State University Foundation
Lewis House
rplewis@stcloudstate.edu
(320) 308-4818

Valuation

Valuation Method
The value of a stock gift is calculated by averaging the high and low quoted selling prices for the stock as of the gift valuation date.

Physical Securities
The gift valuation date for physical securities is determined by the postmark on the envelope used to mail the securities. For hand delivery of securities, the gift valuation date is the date the securities are turned over to University representatives.

Electronic Transfers
The gift valuation date for securities sent to us via DTC is the date the securities are deposited into our US Bank account.

Mutual Fund Transfer
The gift valuation date for mutual fund units is the date they are deposited into our US Bank account or into a mutual fund account in the University’s name.

Thank you for considering a tax advantaged gift of securities in support of St. Cloud State.