Securities & Stock

Giving shares of appreciated stock, mutual funds, bonds, and other securities often translates into significant tax benefits for the donor. Generally, you can deduct contributions of appreciated shares held for more than one year at market value, regardless of cost basis. Plus, you typically do not incur any capital gains taxes on the appreciation.

Prior to making a gift of securities, mutual fund units, bonds or cash by wire transfer, please email or call the staff contacts listed on this page. It will help the process if you are able to provide the following information:

  • Your name and phone number
  • Your brokerage firm or trust company
  • Your broker, and their phone number
  • Name of security and number of shares
  • Intended transfer date
  • Intended designation for the gift (e.g. Annual Fund, pledge payment, planned gift)

Denison University’s broker is Merrill Lynch.  Please instruct your broker to transfer your gift via DTC to our account:

DTC code: 5198
Account name: Denison University
Account number: 656-04159
Tax ID: 31-4379459

Brokers: Tim Ryan or Jack Ryan
Contact: Mary Murray

Merrill Lynch
65 East State Street
Columbus, OH 43215
(888) 517-8469

End of Calendar or Fiscal Year Gift Timing

If you intend to make a gift of securities, mutual funds, bonds or wire transfer prior to the end of the calendar or fiscal year, please allow three to six weeks processing time, depending on the type of transfer. Please contact us as soon as possible so we may assist you with this process. Denison University’s fiscal year ends June 30.