Taking Stock in Gannon

The stock market has reached new, unprecedented heights.   If you are looking to maximize the power of your charitable contributions, consider donating your long-term appreciated securities to Gannon University.

Benefits of gifting appreciated securities to Gannon University

Donating long-term appreciated securities directly to Gannon University, rather than selling the assets and donating the cash proceeds, is one of the best and easiest ways to give more!

A charitable contribution of long-term appreciated securities, i.e. stocks, bonds and/or mutual funds that have realized significant appreciation over time, is one of the most tax-efficient of all ways to give. This method of giving has become increasingly popular in recent years because of two key advantages:

• Any long-term appreciated securities with unrealized gains (meaning they were purchased over a year ago, and have a current value greater than their original cost) may be donated to a public charity and a tax deduction taken for the full fair market value of the securities; up to 30% of the donor's adjusted gross income.
• Since the securities are donated rather than sold, capital gains taxes from selling the securities no longer apply. The more appreciation the securities have, the greater your tax savings will be.

How to make a gift of appreciated securities to Gannon University

• Contact your financial advisor for guidance. 
• Notify Gannon’s University Advancement Office (814-871-7468) of your wishes to contribute appreciated securities and work with them on the designation of your gift.   For example: an endowed scholarship, faculty professional development, faculty lead student research, speaker series, study-abroad, mission trips, academic departments, athletics, Nash Library, or capital project.
• Complete the gift intention form below with your financial advisor and give or send it to your broker. 
• Notify Jana Hunt, Associate Director, Gift Recording, about the transfer at 814-871-7469, hunt001@gannon.edu or Gannon University, 109 University Square MS03, Erie, PA 16541.  (The Gannon tax identification # is 25-0496976).

Download Stock Gifting Instructions and Form

Questions or Assistance

University Advancement Office, Attention: Tammy Knox, Assistant to the Vice President, Gannon University, 109 University Square, Erie, PA 16541; 814-871-7468; knox013@gannon.edu