Making a gift of appreciated stock or securities is a generous, tax-friendly and effective way to support Stevens. In most cases you can receive a tax deduction for the full market value of your gift and avoid capital gains taxes.
Gift of stock by electronic transfer
If you are interested in making a gift electronically of stock or securities held by a bank or broker, follow the steps in our secure, two-page Stock Gift Information Form.
When making your stock gift, it is important that you contact the Stevens Office of Development at 201-216-5247 so that we can track the gift as the bank sends it and recognize your generosity in a timely fashion.
Gifts of paper stock certificates
If you personally hold the stock certificates that will be gifted, you must complete both a one-page Stock Power Form and a one-page Donor Letter and send them in a separate envelope, but on the same date, with the unsigned stock certificates to:
Stevens Institute of Technology
Office of Development
One Castle Point Terrace
Hoboken, NJ 07030
Tips for giving stock gifts
- Certified Mail is better than standard shipping because it creates a record of your mailing.
- If stocks to be gifted are registered in more than one name, both registrants must sign the one-page Stock Power Form.
- If you are gifting more than one type of stock certificate, you must complete a Stock Power Form for each type.
- Stock Power Forms must be signature guaranteed, which you can obtain at most commercial banks.
If you have any questions about making a stock gift to Stevens, please contact Zef Ferreira, Senior Director of Operations and Development Services, at 201-216-5247 or [email protected].