Giving stocks and bonds to ACU can help support current and future students.
Transferring Securities
The easiest way to transfer your securities is to have your broker contact the ACU Development Office at (325) 674-2748. Describe the securities (number and type of shares), identify the sending brokerage, and also state where you would like to designate your gift. The gift is considered complete when the shares are received into an ACU brokerage account, and the value will be based on that day's sale price.
Tax Benefits
Giving stocks and bonds that have increased in value may provide you with greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the securities (subject to AGI limitations), and you avoid paying the capital gains tax on any increase in the fair market value over the original cost of the asset. Consult your tax advisor for complete information about the tax benefits available.
