Securities & Property
Cash gifts are easy to make and carry tax benefits, but gifts of
stock or other securities may be a more appropriate gift vehicle
for your situation. Securities and property may be given directly
to the university as annual gifts, or they may be used to establish
certain types of planned gifts.
Real estate, works of art, rare books or stamp and coin
collections are just a few types of tangible property that you may
give to Butler University. When you make this type of gift, you're
entitled to a charitable deduction for gifts of tangible property.
In the case of art or antiques, the deduction amount depends on the
"related use" and who produced the work.
Stocks and Securities
A gift of stock is valued for tax purposes on the date of
transfer. The fair market value of gifts of long-term, capital gain
securities or real estate is deductible up to 30% of a donor's
adjusted gross income. Any amount in excess may be carried forward
for a period of five years. Giving securities that have increased
in value is a great way to both benefit Butler and bypass the
capital gains tax due on a sale.
If you would like to make a gift of tangible property or stocks
and securities, please contact Michele Miller at
800-368-6852, ext. 9373.
Securities Delivery Instructions
Wells Fargo Advisors
Brittany Black Pelz
Wells Fargo Advisors 8888 Keystone Crossing, Suite 400
Indianapolis, IN 46240
Prior to any stock transfers to the above listed brokerage
account please notify the Office of Development Services
at 317-940-9373 or by email at firstname.lastname@example.org with details of the
securities to be transferred.