Gifts of Stocks and Bonds
Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to Louisville Presbyterian Theological Seminary.
Benefits of gifts of stocks and bonds
- Avoid paying capital gains tax on the sale of appreciated stock
- Receive a charitable income tax deduction
- Further our mission today
How to make a gift of stocks and bonds
By electronic transfer - Use our free online tool to make your giving easier than ever. See details below to donate appreciate stocks.
By certified mail - If you hold securities in certificate form, you will need to mail two envelopes separately to complete your gift. In the first envelope, place the unsigned stock certificate(s). In the other envelope, include a signed stock power for each certificate. You may obtain this power from your broker or bank. Please remember to use certified mail.
More on gifts of stocks and bonds
There are special rules for valuing a gift of stock. The value of a charitable gift of stock is determined by taking the mean between the high and low stock price on the date of the gift. Mutual fund shares are valued using the closing price for the fund on the date of the gift.
Stock Transfer Information
Robert W. Baird & Co. (formerly Hilliard Lyons)
Account Contact: Dewitt Ivins
(502) 420-1433 or (800) 230-0790
4803 Olympia Park Plaza, Suite 4000
Louisville, Kentucky 40241
To initiate a DTC TRANSFER to Baird, please use the following instructions:
Institutional ID: 00547
Agent Bank: 00547
DTC Participant: 0547 (self-clearing)
Receiving Account: 79257803 / Louisville Presbyterian Theological Seminary Gift Liquidation Account
To initiate a WIRE TRANSFER to Baird, please use the following instructions:
Bank: U.S. Bank
Address: 777 E. Wisconsin Avenue, Milwaukee, WI 53202
ABA Routing Number: 075000022
Account Name: Robert W. Baird & Co.
Account Number: 111-510-716
Receiving Account: 79257803 / Louisville Presbyterian Theological Seminary Gift Liquidation Account
Contact us
If you have any questions about gifts of stocks and bonds, please contact us. We would be happy to assist you and answer any questions that you have.