STOCK AND SECURITIES TRANSFER INSTRUCTIONS

Please notify Leonard Macon, Director of Gift and Pledge Processing, prior to transferring stock and securities with the number of shares and type of stock. Leonard can be reached at 610-519-7867 or leonard.macon@villanova.edu.

Stock and Securities Transfers
Villanova’s account is brokered by Patrick Cahill at Merrill Lynch. Patrick can be reached at 610-668-6167 or patrick_cahilliii@ml.com.

DTC Number: 8862
Account Name: Villanova University
Account Number: 870-04529
VU Tax ID Number: 23-1352688

Vanguard Mutual Fund Transfers
Please complete Vanguard’s letter of instruction for gifts of securities form and send it to Villanova for processing. Forms can be sent via email to Leonard Macon at leonard.macon@villanova.edu.

Publicly-traded Securities
Gifts of readily marketable securities that have appreciated provide an excellent means of benefiting the University while improving your tax picture. When you give such securities to the University (rather than selling them and donating the proceeds), these gifts will be credited at the full fair market value based on the average of the high and low quoted selling price on the day you relinquish control of the asset to the University. The University’s general policy is for securities to be sold immediately by the University through its agent or representative.

Closely-held Securities
Gifts of closely-held securities can be made in a way that benefits Villanova while providing the donor with tax benefits. Gifts of securities that are not publicly traded will be accepted at the discretion of the University on a case-by-case evaluation of the conditions affecting the eventual sale of the securities by the University. Such gifts will be credited at fair market value as determined by a qualified, independent appraiser secured and compensated by the donor. If restrictions are placed on the securities by the donor or by the terms of the securities themselves, acceptance of the gift shall be subject to prior approval by the University.

Mutual Funds
Donations of mutual funds result in benefits that are similar to donations of stocks, though the transaction time is often lengthier. If you are making donations of mutual funds to count during the tax year, it is a good idea to allow up to six weeks for the transaction. Shares of mutual funds will be credited at the net asset value of the shares on the gift date.