Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Coe College.
By electronic transfer - Please utilize the following information:
Electronic Transfer Instructions for Gifts & Securities:
DTC Number: 0075 (LPL)
Account Number: 1574-7845
Account Registration: Coe College
Tax Identification #: 42-0686467
So that we can more quickly and efficiently process your gift, please notify Sally Terukina Gifts Specialist, when you have authorized the transfer of your stock to Coe. Sally may be contacted at 319.399.8542 or [email protected].
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.