NSU Office of Development/NSU Foundation
Cash Gifts
/ Securities / Planned
Giving/ Real Estate Gifts /
Other Types of Gifts
Securities
While many donors commonly make gifts
of cash, a growing number are taking advantage of contributing gifts of long-term
appreciated securities to support the educational goals of Northwestern State
University.
You can contribute long-term (held for
over a year) appreciated securities to us, such as stocks, bonds, or mutual
funds. When you do this you get a two-fold income tax benefit: a deduction
based on the full present fair market value, and avoidance of the capital
gains tax you would have owed had you sold the assets. The limit on deductibility
in any tax year is 30% of your adjusted gross income, but any excess is deductible
over the next five years.
If you want to give securities to the
Northwestern State University Foundation on which you have a loss, consider
selling them instead and then donating the proceeds to NSU. That way you will
have a loss deduction to offset any gains on sales, plus you’ll still
get your charitable deduction.
Valuing Gifts of
Securities / Stocks and Bonds /
Closely Held Stock / Mutual Funds
Advantages of Gifts and Securities
The NSU Foundation will issue a receipt
of your tax records.
Valuing Gifts of
Securities / Stocks and Bonds /
Closely Held Stock / Mutual Funds
Stocks and Bonds
If the certificate(s) are held by you:
1. Send your certificate(s) by certified
mail or by overnight carrier, without any endorsement, assignment or other
notations to the NSU Office of Alumni & Development/NSU Foundation; College
Avenue; Natchitoches, LA 71497.
2. Enclose a letter stating the purpose of the gift.
3. In a separate envelope, using the same carrier as used with the certificate(s),
send a stock/bond power endorsed in blank; that is, filling in only your signature
but no other information. Your name should appear exactly as it does on the
face of the certificate(s). If possible, include a copy of the letter you
sent with your certificate(s).
If you wish to donate only a portion
of the shares represented by the certificate(s), the NSU Foundation will complete
the transaction and re-register the remaining shares back to you. In your
letter, please indicate the social security number and the complete name of
the registered shareholder. Please also confirm the mailing address for re-registering
the remaining shares.
Valuing Gifts of
Securities / Stocks and Bonds /
Closely Held Stock / Mutual Funds
Closely Held Stock
Non marketable or closely held stock
can also be gifted to Northwestern State University. If you are considering
giving these types of securities, please contact the Office of Alumni &
Development at (318) 357-4414 or 1-888-799-6486 to discuss your intentions.
Valuing Gifts
of Securities / Stocks and Bonds /
Closely Held Stock / Mutual Funds
Mutual Funds
If you would like to give mutual
fund shares, please contact the Office of Development at (318) 357-4414 or
1-888-799-6486 for additional details.
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NSU Foundation
Natchitoches, Louisiana 71497
(318) 357-4414
(888) 799-6486
