Aug 3-5
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Reunion 2011
Gifts of Securities


Tax Benefits
Your gift may provide you with Federal and State income tax benefits. If you itemize deductions on your federal income tax return, you may be able to deduct your contribution to the Stephen M. Ross School of Business at the University of Michigan from your adjusted gross income. In addition, gifts of appreciated securities avoid long-term capital gains tax. Check with your tax advisor for deduction and capital gains tax requirements and limitations for your situation.

Valuation
The value of your securities gift will be the average of the high and low trading prices on the official date of your gift. The date of the gift is the day the University assumes ownership of the security.

Procedure
The Depository Transit Clearinghouse (DTC) information for the transfer of stock to the University of Michiganís broker, Merrill Lynch, is as follows:

 

Broker: Merrill Lynch
DTC #: 5198, Agent ID #: 06800
FREE DELIVERY
Subject: Regents of the University of Michigan
Account #: 77C-04J96
Reference: "DONOR NAME" and Ross School

If you have additional questions about making a gift of securities, please contact the University of Michigan Gift Administration Office toll-free at 877-647-9090 or email umgiftsec@umich.edu.

Thank you for your support of the Ross School!