Gifts of securities such as stocks or other appreciated assets can be a great tax-efficient method for making a gift to Brown. In most instances, you can take a tax deduction for the full market value of the gift and avoid any capital gains tax.
To avoid delays in recognizing you as the donor and receipting your gift, please email [email protected] with the following details as soon as possible:
- Name and address of the donor
- Name of the security
- Number of shares
- Designation of the gift
If you physically hold the shares:
The stock certificate and a stock power must be sent to the Brown University Investment Office. Your stock power must include a guaranteed signature. For security reasons, this information should be sent in a separate envelope from the stock certificate. Both items should be sent to:
Providence, Rhode Island 02912
If the stock is held in a brokerage account, and the stock is simply being transferred:
for the benefit of Brown University
If using this method, please notify the Investment Office by sending a copy of the transfer instructions via email to [email protected] or fax a copy to +1 (401) 867-3996. This allows the gift to be identified when it arrives. If you physically hold the shares, we need to receive the stock certificate and a stock power. This stock power must include a Medallion Signature Guarantee and should, for security reasons, be sent in a separate envelope from the actual certificate. Both items should be sent to the following address: Brown University, Investment Office, Box C, Providence, Rhode Island 02912, USA. If you have any questions, please contact the Investment Office at 401-867-3976.
If the stock is foreign or you are transferring mutual fund shares:
To ensure that the stock or mutual fund shares will be accepted, please notify the Investment Office at +1 (401) 867-3976, or via fax at +1 (401) 867-3996, of all security details. The Investment Office will give you appropriate instructions and date for delivery.
If you have any further questions, please contact the investment office at +1 (401) 867-3976.