Gifts of Stock/Securities
Stock Gift Procedures
Print Stock Gift Sample Letter
Stock gifts are an important source of support for Truman State University. Giving a stock gift is easy. The process is as follows:
You can either send your stock gift electronically (DTC) or physically (Mail).
- Electronic Transfer/DTC
To execute an electronic transfer of your stock to the School, please transfer stock to the University’s account at The Commerce Trust Company by completing a gift letter and sending it to your brokerage firm. Transfer instructions are on the sample letter.
- Mail Physical Certificate
If you choose to gift a physical stock certificate, the actual certificate can be mailed with a letter of instruction to deposit the certificate into the University’s account at The Commerce Trust Company. Mailing instructions are on the sample letter. You will need to transfer ownership on the back of the certificate by writing Truman State University after the phrase “We hereby sell, assign and transfer to…”. All persons listed on the front of the certificate as owners must sign to complete the transfer. All signature(s) must be medallion guaranteed, not notarized. Medallion signature guarantees are available at your bank or brokerage firm.
The date of your gift is the date that Truman State University receives the shares in its account. The value of the gift will be the average of the high and low prices on the day the gift was received into the account. You will receive written confirmation of the value and date of your gift for your income tax purposes.
If you have any questions, you can contact Mark Gambaiana at Truman State University at (660) 785-4133 or Amy Pieper at The Commerce Trust Company at (816) 234-2883 or firstname.lastname@example.org.
Please return a copy of your letter to:
The Commerce Trust Company
ATTN: Amy Pieper
922 Walnut St., Mail Stop TBMZ-1
Kansas City, MO 64106
For more information contact:
Truman State University Foundation
Office of Advancement
McClain Hall 205
100 E. Normal Ave.
Kirksville, Mo. 63501-4221
Telephone: (800) 452-6678 or (660) 785-4133
Fax (660) 785-7519