HOW TO TRANSFER A GIFT OF STOCK to madison House:

If your investments in the financial markets have been successful, you can use these assets without losing a substantial portion of your earnings to the capital gains tax by making your gift to Madison House with appreciated stock. Also, a gift of stock held more than one year may qualify for a charitable income tax deduction equal to the securities’ full fair-market value. 

Electronic transfer is the easiest method if you maintain holdings in a brokered account. 

1. Before making a transfer, call your broker and provide the following information:

For DTC eligible securities (restricted stock):

Clearing Broker: Davenport and Company LLC
DTC Participant #: 0715
Account Number: 84949411
Credit: University of Virginia Fund
Reference: [Your Full Name]

For DTC eligible securities (common stock and mutual funds):

Clearing Broker: Pershing LLC
DTC Participant #: 0443
Account Number: N7M-001327
Credit: University of Virginia Gift Account
Reference: [Your Full Name]

2. Then, email Madison House Director of Development Melissa Fountain, or call Melissa at (434) 906-3449 to provide your contact information, the name of your stock and number of shares.