Making a Gift in Securities

Securities offer a quick and easy method of giving, with maximum economic advantages for you. Click here to view an illustration of the tax advantages of a gift in securities.

We will be pleased to help you and your broker complete the transfer of your securities quickly and in good order. There are two ways through which one can make such a gift:

Sending securities electronically

To send a gift in securities electronically via DTC, please get in contact with Liv Vesely, 212-304-7508, lv2191@columbia.edu. You will be provided with a DTC account number and Columbia’s account number with which you will need in order to facilitate your gift.

Gifts sent electronically are valued at the date in which the gift is received in Columbia’s account. The value is determined by the average price of the stock for that day as reported in the Wall Street Journal and New York Times. The University rounds off the price to the nearest dollar.

Please note that while a responsible broker will transfer the stock on the same day that he/she is given instructions by the donor, the process can take 24 to 48 hours to complete.

Physically delivering securities to P&S

If a gift needs to be physically delivered to P&S, it is important to notify Liv Vesely, 212-304-7508, lv2191@columbia.edu beforehand. Gifts should be addressed to:

Att: Liv E. Vesely
Director of Annual Giving
P&S Annual Fund
100 Haven Avenue, Suite 26C
New York, NY 10032

Please note:

• The certificate(s) should be unsigned.
• The Stock Power(s) should be signed, left blank and sent separately.
• A donor letter stating your name, the number of securities being sent, and the purpose of the gift must be included with the certificate(s).
• Both the letter and the Stock Power(s) must be signed by all parties who appear on the certificate(s) as their name appears on the certificate(s). Your signature need not be guaranteed.

Gifts sent either by mail or overnight carrier are valued at the date of the latter of the postmarks on the envelope containing either the Certificate(s) or Stock Power(s). Again, the value is determined by the average price of the stock for that day as reported in the Wall Street Journal and New York Times. The University rounds off the price to the nearest dollar.