Many of the largest gifts received by the Institution have been in the form of gifts of stock. The advantage of gifts of appreciated securities is that the donor may count the current fair market value as a deduction for income tax purposes rather than the purchase price. No capital tax is paid on the appreciated portion. Transfer to High Point University Account. Notify your broker that you want to make a gift of securities.
Registered mail is recommended.
Copies of the signed transfer form may be obtained from your broker or from the Office for Institutional Advancement. This procedure is unnecessary and results in needless delay of the transfer. Gift Credit - For securities traded on the exchange, gift value is determined by using the mean value between the high and low prices on the date it is transferred to High Point University. The transfer date is the date on which the donor irrevocably parts with the securities. It is recommended for each gift that you include a cover letter giving your name and address and the purpose for which the gift is made.