Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Salt Lake Community College.
By electronic transfer - To make a donation of stock to Salt Lake Community College (Tax ID # 94-28862220) by electronic transfer, please note the following:
Brokerage House: Wells Fargo Clearing Services, LLC
Account Name: Salt Lake Community College Foundation
Account Number: XXXX-9918
Financial Advisor: Steven Pagoaga
Email Address: [email protected]
Telephone Number: 801-531-3929
DTC Number: 0141
For gifts of stock not being held in a brokerage account, please Contact Us for further assistance.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.
