Gifts of Securities

Giving Appreciated Securities to Amherst College

When you give Amherst appreciated marketable securities that you have owned long term (for more than one year and a day), you receive a tax deduction for the full value of the gift, and neither you nor Amherst will have to pay the capital gains tax. Many Amherst supporters choose to make their gift commitments with appreciated securities.

How to Donate Securities in the Hands of a Broker

Megan Motyka in the Office of the Chief Financial Officer at Amherst College (e-mail mmotyka@amherst.edu; phone number 413-542-2325, fax 413-542-2478) should be notified of what security is being donated, the number of shares, and the designation of the gift, in addition to the broker's name and phone number. The broker should be contacted by the donor to instruct him/her to transfer the gift to Amherst College.

If the security is held in a Merrill Lynch or Morgan Stanley Smith Barney account, the stock can be transferred directly to Amherst College's Merrill Lynch or Morgan Stanley Smith Barney accounts:

Merrill Lynch Account # 72F-03001
Morgan Stanley Account # 357-901953-027

All other securities can be transferred through the Depository Trust Company (DTC):

National Financial Services - SSGM
DTC # 0226
Account # ABE-073660
Amherst College Gift Account
Reference: Gift from: (donor’s name)                   
New York, NY
Attention:  Mark Brooks/State Street Corporation
Phone:  816- 871-7845
Please notify Amherst about your gift prior to transferring the shares.

Any questions about how to handle a security transaction should be directed to Megan Motyka in the Office of the Chief Financial Officer at (413) 542-2325.

Other Transactions and Questions

To donate mutual fund shares, or for any questions about how to handle a security transaction, please contact Megan Motyka in the Office of the Chief Financial Officer at (413) 542-2325 / mmotyka@amherst.edu.

To transfer securities for life income gifts, please contact Julie Lackner in the development office at (413) 542-5193 jlackner@amherst.edu.