Why is Giving Securities Beneficial for Me?
Transferring appreciated publicly traded securities to Kalamazoo College allows you to avoid capital gains taxes and receive a tax deduction for your gift. Your gift will be valued by using the mean of the high and low of the stock on the day that it passes to the College’s control.
Securities Procedure
Stock Transfer
Before a transfer of stock is made, connect with Tim Baker via email at tbaker@kzoo.edu or by calling 269.337.5729. By doing so we can monitor and confirm that our account received the expected transfer.
Required Information
- Your Name
- Name of Stock
- Number of Shares
- Expected Date of Transfer
- Gift Designation
- Broker Name
- Broker Phone Number
Depository Trust Company (DTC) Instructions
If you are looking to transfer stock to our broker, Oppenheimer & Co. please follow the DTC instructions below:
The DTC instructions for Kalamazoo College for transfer of stock to our broker, Oppenheimer & Co. are as follows:
- DTC# 0571
- Oppenheimer & Co.
- Account # A27-4913001
- Account Name: Kalamazoo College
- Contact: Julie Vaughn
- Phone: 269.381.4800
- Kalamazoo College Federal Tax ID #38-1358014
- Reference: (name of donor)
Mutual Fund Shares
To transfer mutual fund shares to the College, please connect with Tim Baker via email at tbaker@kzoo.edu or by calling 269.337.5729 and provide the mutual fund name. Please note that certain mutual funds are not transferable to our Oppenheimer account and we may need to make special accommodations for your gift.
Point of Contact
If you have any questions or would like to make an alternate type of stock gift please contact Tim Baker, Director of Advancement Services, at tbaker@kzoo.edu or 269.337.5729.