Gifts of stock
Thank you for your interest in giving a gift of securities to Northeastern University. Gifts of stock can be designated to support an area most meaningful to you, or designated to support general university priorities.
Benefits of Giving Stock
A gift of stock, or other appreciated property, entitles you to a tax deduction for the market value of the donated stock. If the stock you wish to donate has been held for more than one year, you can avoid capital gains tax on any appreciation of the stock by donating the stock prior to sale. Northeastern University benefits by selling the stock without paying taxes on the gain, and you benefit from making a contribution that would be larger than what you might have been able to donate in cash.
Instructions for Electronic Stock Transfer to Northeastern
To have a gift of stock electronically transferred:
- Submit a transmittal form to Northeastern University stating your intention to donate. Complete and submit the form online. You can also print and mail this information to:
Northeastern University
Attention Noreen Gallagher
118 Cushing Hall
360 Huntington Avenue
Boston, MA 02115-9877Alerting Northeastern that the stock transfer is taking place allows us to properly identify, direct and acknowledge your gift.
- Instruct your broker to transfer shares to Northeastern University at:
UBS Financial Services
If your broker has questions about making an electronic gift of securities, please have your broker contact Noreen Gallagher, n.gallagher@neu.edu, 617.373.2793.
100 Federal Street
Boston, MA 02110
Depository Trust Company (DTC): 221
Northeastern University Account:
#JJ 90488
Contact: William Cotter (617) 261-1132
Reference: Donor Name (your name)
Note: It is important that your broker does not sell the securities and send us a check. If the broker does this, the tax advantages of making a gift of appreciated stock may be eliminated.
Instructions for Physical Transfer of Stock Certificates
To transfer shares held in certificate form:
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Complete and submit the electronic transmittal form.
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Send a signed stock power for each certificate (do not complete power)
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In a separate envelope, send the unendorsed stock certificates to:
Northeastern University
Attention Noreen Gallagher and Carolyn Sullivan
118 Cushing Hall
360 Huntington Avenue
Boston, MA 02115-9877
Note: If stock is held by more than one person, both must sign names exactly as they appear on the certificate.
Should you have any questions about transferring securities or other gift-related matters, please contact Noreen Gallagher, 617.373.2793.
Photo: US Marine at the Veterans Memorial in Finnegan Plaza. The memorial was made possible thanks to numerous gifts from alumni and friends, including former Chairman of the Board Neal Finnegan, BA'61, H'98.