Transferring stock to Hampshire College is for many the preferred way to make a gift. It’s easy, and your gift is fully tax-deductible at the current market value of the stock. Here’s how it works:

A gift of appreciated securities creates a win-win situation: You win by avoiding the high cost of capital gains tax and by receiving a tax deduction for the appreciated security. In most cases, you may deduct the fair market value of your gift. For example, you purchased stock in 1990 for $250 and it is now worth $2,000. If this is an outright gift, you can claim a $2,000 charitable deduction on your next income tax return. In a 31% bracket, that’s a tax savings of $620. Additionally, you avoid federal and state taxes that would be due if you sold the stock.

How to transfer stock:

1. Notify Coralie Russi at 413.559.6078 or email: inst-adv@hampshire.edu that a gift is being transferred. Provide the donor name, number of shares, and the name of the stock {or the stock code} as well as the proposed designation

2a. If the certificate is held by a bank or broker, please ask that the certificate be forwarded via the DTC system to:

First Clearing, LLC
DTC number 0141
fbo Trustees of Hampshire College
Account Number: Contact Coralie Russi at 413.559.6078 for the number
Contact: Marianne Bannan or Mark Teed at Wells Fargo Advisors, LLC
Tel. 800.628.8466 or 413.788.6111

2b. For stock gifts valued at or above $75,000 please ask that the shares be forwarded via the DTC system to:

First Clearing, LLC
DTC number 0141
fbo Trustees of Hampshire College
Account Number: Contact Coralie Russi at 413.559.6078 for the number
Contact: Jane Moss at Gage-Wiley
Tel. 800.332.9558 or 413.584.9121

3. If you hold the certificate, please send the unsigned certificate in one envelope (registered mail) and in a separate envelope the signed stock power to:

Marianne Bannan or Mark Teed
Wells Fargo Advisors, LLC
1350 Main Street, 3rd Floor
Springfield, MA 01103-2199

If you have any questions, please do not hesitate to contact Coralie Russi, Gifts and Records Specialist, at 413.559.6078. Thank you for considering Hampshire in your charitable plans!