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[ Gifts Accounting & Administration ] Gifts of Appreciated Securities Gifts of appreciated securities are an excellent and generally tax efficient means for giving to Penn. When donating appreciated securities, a donor generally receives an income tax deduction for the full market value of the securities given. By donating the securities to Penn rather than selling them, a donor can also avoid capital gains tax on the appreciation of these securities from their original basis. Please contact your individual tax advisor for more complete tax information regarding donating appreciated securities.Electronic Transfer Electronic transfer of appreciated securities is the easiest method when a donor maintains a brokerage account. The University of Pennsylvania maintains accounts with many major brokerage firms. For transfer instructions, please contact the Office of the Treasurer at 215-898-7254 or at Gifts@pobox.upenn.edu and we will provide the donor with the appropriate instructions. Contacting a member of the Office of the Treasurer is the best method to insure both timely receipt of the donor’s gift and appropriate allocation of the gift.Physical Receipt of Securities The University of Pennsylvania will gladly accept physical securities by mail or in person. When the security is registered in the donor’s name, an executed Stock power must be completed. The stock certificate should be mailed without any endorsement or assignment along with a letter, stating the purpose of the gift. In a separate envelope, please send an endorsed stock power form. Stock Powers are available from the University of Pennsylvania via this web site, or by facsimile, or mail or from any broker.
Certificates and Stock powers should be sent via registered mail in separate envelopes to:
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