Gifts of Securities or Mutual Fund

More and more alumni and friends donate securities to Earlham each year. Your gift of stocks, bonds, or other publicly traded securities entitles you to a charitable deduction for the full fair market value of appreciated securities held longer than one year. In addition, you do not incur capital gains tax on the transfer of such securities.

If you have any questions about gifts of securities, please contact Kevin Klose via e-mail or by phone at 765-983-1622.

How To Give Marketable Securities to Earlham

When making a gift of long-term appreciated securities, be sure to transfer ownership of the securities to Earlham. Do not sell the securities on your own. This protects you from the capital gains tax on any appreciation.
Securities can be transferred to Earlham three ways: electronically, by mail, and by re-registration in Earlham's name. Please be sure to notify Earlham of any stock transfers so that we know where the gift came from.

If Your Stock is Held in a Brokerage Account

Contact your broker to inform him/her that you wish to donate securities to Earlham and ask them to transfer them via DTC to Earlham's account at Merrill Lynch in Indianapolis. More often than not, your broker will request written instructions from you regarding such transfers.

You will need to supply them with the following information on where to send the DTC:

Merrill Lynch in Indianapolis, IN:	DTC #5198
Account Name:	Earlham College
Account Number:	613-04077
Merrill Lynch Broker:	Jason Loveless
Phone (toll free):	866/755-3102
E-mail:	jason_loveless@ml.com

With this method, Earlham will value your gift at the mean price of the stock as traded on the date the stock is deposited into the College’s account. This will generally be one or two days after you instruct your broker to make the transfer.

Further Information on How To Give Gifts of Securities

If You Wish to Give Shares of a Mutual Fund

Gifts of mutual fund shares may also be given to the College. Most mutual fund companies have a form you must complete to effect the transfer, so you will need to contact your company and request directions on how to make such a gift. It is wise to inform the Alumni and Development of your plans so staff members can assist you in this process. Transferring mutual funds may take between two and three weeks to accomplish.

Further Information on How to Give Mutual Funds

Thank you for considering such gifts to Earlham. Your continued interest and support are genuinely appreciated.

For more information about making a gift of securities or mutual funds, please contact us.