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Gifts of Stocks and Bonds

student using a laptop in a library

Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to St. Petersburg College.

Gift of Stock and Bonds
Stocks/Bonds
SPC Foundation
Charity image

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 or support future generations of students by leaving gifts of stocks and bonds through your will or estate plan

How to make a gift of stocks and bonds

By electronic transfer - Please contact us for instructions on how you can transfer stock or bonds from your brokerage or investment account to St. Petersburg College Foundation, Inc..

Contributions of marketable securities, including IRA charitable distributions, give you the ability to make a lasting impact for our students while being financially advantageous for you, the donor.

Instructions for Wire Transfers for Charitable Gifts of Marketable Securities:

Raymond James & Associates, Inc.
DTC 0725
FBO SPC Foundation, Inc.
Account #25415970
SPC Foundation, Inc. Tax ID Number: 59-1954362

Broker:
Doug Gates, Senior VP, Investments
Raymond James and Associates, Inc.
727-551-5286

If you have any questions, please reach out to Erin McKenney at [email protected]

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.

Through a planned gift - You can plan to provide a gift of stocks or bonds to the St. Petersburg College Foundation in the future through your estate or planned gift. Click here to learn more about ways to provide a gift of stocks or bonds in the future.

More on gifts of stocks and bonds

student using a laptop in a library

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.

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.

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