DAF Procedures for Making Gifts
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Procedures for Making Gifts Securities Several ways of making a gift of securities to the Donor Advised Fund at The University of Alabama are described below. If you wish to make a gift of restricted (Rule 144) securities, simply contact us for instructions and additional information required for this type of stock. 1. Securities Held in a Brokerage Account Securities held by a broker may be delivered by wire through the Depository Trust Company (DTC) to our brokerage account at AmSouth Bank with the following instructions: Regions Bank Agent ID #17695 Institutional ID #17695 Participant #971 FBO: UA Donor Advised Fund Account # 1055000708 If you choose to make a gift of this type, please notify us in advance so that our broker can be alerted to ex- pect the securities and so that we can document and acknowledge your gift properly. For your convenience, we’ve included a suggested instruction letter to your advisor on the back of this notice. 2. Securities Registered in Your Name If you have possession of stock certificates, mail the unendorsed certificate and a signed stock power in separate envelopes. You may obtain stock powers from your financial services pro- vider, the University of Alabama Office of Advancement or our Web site, www.daf.ua.edu. You may also hand-deliver certificates to our office. In either case, a letter of authorization regarding the purpose of the gift, signed by you, should accompany the certificates. Please deliver or mail to our office at: Box 870122 284 Rose Administration Building Tuscaloosa, AL 35487-0122 Cash There are two ways to make a cash gift to the Donor Advised Fund: by check or federal funds wire transfer. 1. Gift by Check Please make your check payable to The University of Alabama Donor Advised Fund, and deliver the check personally or by mail to our office at: Box 870122 284 Rose Administration Building Tuscaloosa, AL 35487-0122 On the memo line of your check, please write the name of the Donor Advised Fund you wish to receive the contribution.
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Several ways of making a gift of securities to the Donor Advised Fund at The University of Alabama are described within.
Transcript of DAF Procedures for Making Gifts
Procedures for Making Gifts
SecuritiesSeveral ways of making a gift of securities to the Donor Advised Fund at The University of Alabama are described below. If you wish to make a gift of restricted (Rule 144) securities, simply contact us for instructions and additional information required for this type of stock.
1. Securities Held in a Brokerage AccountSecurities held by a broker may be delivered by wire through the Depository Trust Company (DTC) to our brokerage account at AmSouth Bank with the following instructions:
Regions Bank Agent ID #17695Institutional ID #17695Participant #971FBO: UA Donor Advised FundAccount # 1055000708
If you choose to make a gift of this type, please notify us in advance so that our broker can be alerted to ex-pect the securities and so that we can document and acknowledge your gift properly. For your convenience, we’ve included a suggested instruction letter to your advisor on the back of this notice.
2. Securities Registered in Your NameIf you have possession of stock certifi cates, mail the unendorsed certifi cate and a signed stock power in separate envelopes. You may obtain stock powers from your fi nancial services pro-vider, the University of Alabama Offi ce of Advancement or our Web site, www.daf.ua.edu.
You may also hand-deliver certifi cates to our offi ce. In either case, a letter of authorization regarding the purpose of the gift, signed by you, should accompany the certifi cates.
Please deliver or mail to our offi ce at: Box 870122284 Rose Administration BuildingTuscaloosa, AL 35487-0122
CashThere are two ways to make a cash gift to the Donor Advised Fund: by check or federal funds wire transfer.
1. Gift by Check Please make your check payable to The University of Alabama Donor Advised Fund, and deliver the check personally or by mail to our offi ce at:
Box 870122284 Rose Administration BuildingTuscaloosa, AL 35487-0122
On the memo line of your check, please write the name of the Donor Advised Fund you wish to receive the contribution.
2. Gifts by Wire TransferGifts may be federal funds wire transferred to one of the University’s investment accounts. For gifts of this type please notify us in advance of a planned wire transfer so your gift can be credited to the correct fund and donor. Please inform your fi nancial institution to transfer the funds to:
Regions Bank Wealth Management Operations Dept.ABA #062000019 for Account #0017541387For Further Credit to UA Donor Advised FundAccount #1055000708
3. Year-End GiftsImportant: To qualify as a tax deduction for a given year, your cash gift must be postmarked by December 31 of that year. Your fi nancial institution can advise you as to the delivery time of federal funds wire transfers.
4. Other AssetsPlease contact the University of Alabama Donor Advised Fund regarding procedures for making contributions of other types of assets.
Sample Form Letter for Gifts of Securities
Date
Name and Address of your Broker,Investment Advisor or Custodian Bank, etc.
RE: Account No. ________________
Dear ________________:
I wish to make a gift of securities to the ________________ fund at The University of Alabama. Upon receipt of this letter, please transfer from my account ____ shares of ________________ to the University of Alabama Donor Advised Fund in accordance with the attached instructions. Please direct any questions to the gift planning staff at The University of Alabama, (205) 348-4767 or [email protected].
Sincerely,
Donor’s signature
c: The University of Alabama Donor Advised Fund Fax (205) 348-8871
Attention Donor: When you send a copy of this letter to The University of Alabama, please indicate the telephone number of your broker, banker, custodian or other appropriate contact person.
