Securities
Publicly traded stocks are gladly accepted by Webster and can create a tax-wise charitable gift. Securities owned a minimum of one year plus one day are allowed a charitable deduction for the asset’s current fair market value and are not subject to capital gain. Most often securities are transferred to Webster electronically.
Click here for detailed instructions to make a gift of securities, or
please contact Ken Nickless, Director, Gift Planning, 314-968-7146 or nickleke@webster.edu
For example, shares of stock originally purchased for $1,000 and currently worth $2,000 are given to Webster. A charitable deduction of $2,000 is claimed. Additionally, no capital gain is due on the $1,000 increase in the stock’s value.
| Financial Impact of Above Securities Gift | |
| Original cost of security | $1,000 |
| Current Market Value | $2,000 |
| Gift of Security to Webster University | $2,000 |
| Charitable Deduction | $2,000 |
| Benefit of charitable deduction (35% marginal tax rate) |
($700) |
| Benefit of bypassed capital gain ($1,000 gain @ 15% capital gain rate) |
($150) |
| After tax cost of $2,000 gift | $1,150 |
Securities can also fund charitable gift annuities and charitable remainder trusts.
Webster also accepts stock certificates. We suggest that you never endorse a certificate as the endorsed certificate can be redeemed by any individual. Rather, mail the unendorsed certificate in one envelope. Send a signed stock power in a separate envelope. Both envelopes can be mailed to:
Webster University, Office of Gift Planning
470 E. Lockwood Avenue
St. Louis, MO 63119
Stock Options
Stock options, either in public or private corporations, are welcomed by Webster. As different types of options exist and their treatment can vary, please contact Ken Nickless, Director, Gift Planning, at 314-968-7146 or nickleke@webster.edu to discuss your specific situation.
470 East Lockwood Avenue