Making a gift of stock to support MUM can save taxes twice.
A gift of appreciated
stock to the University eliminates the capital gains tax on the appreciated
value of the stock if you have held the securities for more than one year. You
will also receive an income tax deduction for the full market value of the
donated shares at the time of the gift.
your shares of stock are in a brokerage account, you will need to provide your
broker with the following information:
DTC #443, Pershing LLC, for the benefit of Maharishi University of Management,
Account No. QGW-002404.
If you would like to speak to our broker, please
Lafferty & Co., Inc.
Broad Street, 26th Floor
York, NY 10004
is important when making gift of stock that you inform MUM in advance, so that
the gift will be properly credited when received. To advise of an anticipated
stock gift, please send a fax, letter, or e-mail to the Development Office with
the following information:
Name of stock gifted
Number of shares
Designation of the gift
Approximate date of expected gift
send this information to:
Director of Institutional Advancement
Maharishi University of
1000 North 4th Street
Fairfield, IA 52557
you have the stock certificate(s) in your possession or would like to gift shares of a
mutual fund, please contact the Development Office, by using the contact
information provided above.