Gifts of Stock

Receive significant tax benefits when you gift long-term appreciated stock. Donating securities to Meany Center is simple. 

Securities Held Electronically

If your securities are held “in street name” with your broker, send your broker a letter of authorization to transfer (not sell) shares of specific stock(s) to the University of Washington’s main brokerage account. Your instructions should specify:

1. your account number
2. the date by which you wish to complete the gift
3. the name and number of shares you would like to donate
4. the purpose of your gift (e.g. Friends of Meany Center for the Performing Arts Fund), and
5. the following transfer information:

If you are transferring stock from a joint account, both account owners must sign the letter. You may contribute stock from several companies held within the same account. You can also make a single transfer for multiple purposes.

Check with your broker soon after sending the letter to ensure that the transfer is complete, especially on gifts initiated shortly before December 31.

Securities in Certificate Form

If you have stock or bond certificates, contact Alana Askew in the UW Treasury Office at 206-685-3814 or stockgif@u.washington.edu to arrange for delivery.

Mutual Funds

Very few mutual funds work with brokerage firms. In most cases the University will need to open an account with mutual fund companies to handle each individual mutual fund gift. Since the enactment of the USA Patriot Act of 2001, the opening of a mutual fund account has become complicated and time consuming. Contact Alana Askew at least a month in advance to discuss a mutual fund gift.

Year-end Considerations

Due to the number of parties involved and the year-end volume, securities gifts are best made by December 15.