Gifts of long-held appreciated securities are a popular alternative
to cash gifts. In addition to receiving a charitable income tax
deduction for the full market value of your gift, you may also bypass
capital gains tax on the appreciation.
How to Make a Gift of Securities to Towson University
If your broker or bank holds your certificates, please inform your
financial advisor that you wish to make a gift of securities to
Towson. Then, contact the Development Office at 410-704-3375 or
toll free at 1-866-301-3375.
You will be asked to provide the name and telephone number of your
broker, the name of the securities you wish to transfer and the
number of shares, and the purpose or designation of your gift. The
university will promptly call your broker with instructions for
the transfer of your gift.
If you hold the certificates yourself, please contact the Development
Office as outlined above for instructions on how to deliver your
certificates and stock powers.