Giving A Gift Of Securities

If you are planning a gift of $1,000 or more, the University will accept marketable securities and mutual fund shares.  Here are some of the advantages:

	You are entitled to a federal income tax charitable deduction if you file an itemized return. Many state income tax laws also allow for a charitable donation.
	If the securities have been held for twelve months or longer, you may claim a deduction for their fair market value.
	When appreciated securities are donated, you may reduce or avoid taxes on capital gain.  NOTE: Always discuss donations with your tax consultant to maximize your benefits.

How to make a gift of securities

If the Security is held in a brokerage account:

1. Please click on the link below to communicate your gift of a security to the Treasury Operations team.  We will need you to provide the following information:

	Your name and address;
	The name of the security and symbol;
	The number of shares;
	The School or Department gift fund you wish to be credited.

Contact Treasury Operations

2. Contact your broker and instruct them to transfer your DTC Eligible Securities gift via DTC or your Fed Eligible Securities gift via Fedwire to our account at Bank of New York Mellon. The details are as follows:

BNY Mellon-DTC Eligible Securities
DTC# 0443
Pershing, LLC

For Credit to account#: N7M100061
Client account name: Trustees of Columbia University

BNY Mellon-Fed Eligible Securities
ABA# 021-000-018
Bank of NY/Pershing

For Credit to account#: N7M100061
Client account name: Trustees of Columbia University

Please contact this office before issuing instructions to your broker. Failure to directly notify this office of your gift may cause a delay in our being able to recognize you as the donor. Please see also our Frequently Asked Questions page.

If the Certificates are held by you:

1. Send the certificate, with a copy of your letter of intent to donate, without any endorsement, assignment or a stock power form to: 

BNY Mellon Capital Markets, LLC

Attn: Jason Rakip

BNY Mellon Center, Suite 475

Pittsburgh, PA 15258

DO NOT SEND CERTIFICATES TO INDIVIDUAL SCHOOLS OR DEPARTMENTS

2. In a separate envelope you should send your letter of intent to donate as well as your signed stock power to the same address. Please send both the letter and the stock power as we are unable to re-register securities in Columbia’s name without both documents. Also, all parties whose names appear on the certificate must sign both the letter of intent to donate and the stock power as their names appear on the certificate.

BNY Mellon Capital Markets, LLC

Attn: Jason Rakip

BNY Mellon Center, Suite 475

Pittsburgh, PA 15258

If you have any questions regarding this procedure, please click on the link below to communicate with the Treasury Operations team.  Please be assured that your inquiry will be assigned to the appropriate person within our group and that you will receive a prompt response.

Contact Treasury Operations

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Other Types of Giving

If you would like to give a gift in a different manner please click on the appropriate button below:

For Cash/Check or Credit Card Gifts

Planned Giving Funds Bequests