Gifts of securities such as stocks, mutual fund shares, or other appreciated assets can be a great tax-efficient method for making a gift to Xavier. In most instances, you can take a tax deduction for the full market value of the gift and avoid any capital gains tax.
Please notify the Advancement Office of the gift by filling out our online securities transaction form or faxing a copy of our printable securities transaction form to (212) 924-0303, e-mailing it to Shane Lavin '03 (lavins@xavierhs.org), or calling regarding the details of the stock(s) being transferred as soon as the gift is made. This allows the gift to be identified when it arrives.
Stock donations should be transferred directly by your broker to Xavier’s brokerage account at Vanguard. The information is as follows:
Vanguard
DTC # 0062
Brokerage Account # 33949878 for the benefit of the College of St. Francis Xavier
Contact at Vanguard: George Anderson at (610) 503-0082