Office of Institutional Advancement

Transferring Stock to Jefferson

If you own stock, it is sometimes "tax wise" to contribute stock rather than cash. A gift of appreciated stock generally offers a two-fold tax advantage:

  1. You avoid paying capital gains tax on the increased value of the stock.
  2. You receive an income-tax deduction for the full fair-market value of the stock at the time of the gift.

If you have owned stock for more than a year, you qualify for these significant tax advantages. Your gift must be postmarked by December 31 to qualify for a deduction in that tax year. A stockbroker or trust officer also can arrange for a year-end gift of stock from your account.

How to Transfer Stock

Please have your financial agent transfer the following to Dreyfus Service Corporation:

  • Broker’s DTC Number 
  • Name of stock, CUSIP # and number of shares being transferred

Dreyfus Service Corporation
144 Glenn Curtiss Boulevard
106-0501
Uniondale, NY 11556-0144
Phone: 800-843-5466
Facsimile: 516-338-3233
Account name: Thomas Jefferson University
DTC Number: #443
Jefferson account number: 58L-001136

Please have your financial agent fax or email the following information to Jefferson: 

  • Name and Address of the Donor 
  • Name of stock, CUSIP # and number of shares being transferred
  • Donor letter to Broker expressing intent; if possible. Fax or e-mail to Sarah Staley, Office of Institutional Advancement at 215-503-5084 or sarah.staley@jefferson.edu

For additional information email Sarah Staley with your name, contact information, stock name and number of shares. We will provide you with instructions for your broker.