National Diamondback Pharmacy Alumni Council

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Give to The National Diamondback Pharmacy Alumni Council

Give to The National Diamondback Pharmacy Alumni Council

FAMU COPPS Students

National Diamondback Pharmacy Alumni Council

STOCK GIFTS

Thank you for your interest in making a Gift of Stock in a Publicly Traded Company to the Florida A&M University Foundation. Gifts of stock can be designated as an alumni gift to support an area most meaningful to you, or designated to support our college’s unrestricted needs.

Stock donations to the NDPAC
» Download instructions on how to make a Gift of Stock

Benefits of Giving Stock:

A gift of stock, or other appreciated property, entitles you to a tax deduction for the market value of the donated stock. If the stock you wish to donate has been held for more than one year, you can avoid capital gains tax on any appreciation of the stock by donating the stock prior to sale.

The Florida A&M University College of Pharmacy & Pharmaceutical Sciences (FAMU COPPS) benefits by liquidating the stock without paying taxes on the gain, and you benefit from making a contribution that would be larger than what you might have been able to donate in cash.

Instructions for Making a Gift of Stock in a Publicly Traded Company to the
Florida A&M University Foundation

Making a DTC Stock Transfer
The donation of publicly-traded stock can be accomplished conveniently and quickly through your stock broker's Depository Trust Company (DTC) electronic transfer system.


Instructions for DTC stock transfer

  1. Contact your broker and determine which stocks and how many shares you will donate to the FAMU Foundation as a tax-deductible contribution.
  2. DTC routing instructions
  3. DTC # 0418
    FAMU Foundation Account # 427-36619-10
    FAMU Foundation EIN # 59-6175096
    Morgan Stanley Smith Barney
    777 S. Flagler Drive, Suite 700 East Tower
    South FL, FL 33401

    Please include delivering firm's name, address and account numbers.

  4. Have your broker contact Morgan Stanley Smith Barney’s (FAMU Foundation Investment Advisor) Sandra A. Colage at (561) 820-2320 with any questions.
  5. Please provide the FAMU Foundation with your stock transfer information that includes the following:
    • Your name
    • Name of the stock being transferred
    • Number of shares being transferred
    • Date of the transfer
    • Transferring Broker Name
    • Brokerage Firm Name
    • Telephone Number and Address

You will be credited with the amount of stock value at the time of transfer.

Please, notify also the National Diamondback Pharmacy Alumni Council (NDPAC) in order to be properly credited.

Thank you very much for your contribution to the FAMU Foundation!


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