Gifts of appreciated securities or stock are a tax-smart way to make a meaningful gift to the College. You will avoid capital gains and receive a tax deduction for the fair market value at the time of the transfer.
Here's how to make a gift of stock:
Notify us first. Stock gifts do not arrive with donor names. If we are unaware of your transfer, we will be unable to match the gift to you. Please contact Lawrence "Chip" Junkin MS'15 at 410-857-2256 and provide the following information:
Name of the company whose stock you are sharing (stock symbol)
Approximate number of shares
Anticipated date of transfer
Your broker will need the following information to facilitate an electronic transfer of stock.
Further Credit to: McDaniel College, Inc.
Ameritrade customer service: 1-800-669-3900
McDaniel College’s Federal Tax ID # 52-0591694
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Lawrence "Chip" Junkin MS'15
Senior Associate Vice President of Institutional Advancement