Stock Gifts



Giving shares of appreciated stock, bonds, mutual funds, and other securities is an especially tax-wise way to make a gift to the USMMA Alumni Association and Foundation (AAF). If you have held securities for more than one year that have increased in value since acquisition, you will receive a charitable tax deduction equal to the current value. This allows you to avoid paying capital gains tax you would owe on the gain in value if you sold the securities. Gifts of securities are deductible for federal tax purposes up to a limit of 30 percent of your adjusted gross income.

GIFTS OF SECURITIES TO USMMA AAF

1. To transfer stock or bonds from your brokerage account, notify your broker in writing of the exact name and number of securities you want to transfer from your account.

Inform your broker of the following information:
Deliver Securities to:
UBS Financial Services, Inc.
DTC # 0221
Account # NE34293
Name: USMMA Alumni Foundation, Inc.

Inform the USMMA Alumni Association and Foundation by sending us a copy of your broker’s correspondence with UBS.  It should reference your name, as well as the name and number of securities being transferred. This notification is very important to ensure that you receive proper credit for your gift.

2. To transfer physical stock certificates:

  • Obtain a stock transfer from your bank and have your signature guaranteed by the bank.
  • Mail the Stock Power separately.
  • Mail the unsigned stock certificate(s), and then mail separately the form noted above to the following address. 

Also include a cover letter referencing your intended transfer to the USMMA Alumni Association and Foundation, Inc. and Account # NE 34293

Mail to:
Mr. Richard Abrams
UBS Financial Services, Inc.
299 Park Ave, 8th Floor
New York, NY 10171
    
• Any questions, please contact the Abrams Group at UBS at: 1-800-223-5806 or 1-212-821-2717