Are you a shareholder of Anheuser-Busch stock? As a friend of Fontbonne University, you may want to consider using your Anheuser-Busch stock, prior to the completion of the sale to In-Bev, for your next gift. The stock has appreciated in value significantly in connection with recent events. Gifts of appreciated stock are valued, for charitable deduction purposes, as of the date of the gift, not the cost at which the donor acquired the stock.
The first option would be an outright gift of your A-B stock. A second option is to use your A-B stock to fund a charitable gift annuity to receive these same benefits plus quarterly income for life – age and minimum gift amount restrictions apply.
As with all tax planning gifts, we recommend that you consult your tax adviser regarding your intended gift of A-B stock. IRS guidelines apply to making such a gift. Ask your advisor about the importance of the timing of the gift and the opportunity to receive a tax deduction for the full value of your appreciated stock while avoiding capital gains taxes.
We recognize that our alumni and friends who are A-B shareholders may have emotional and generational ties to Anheuser-Busch. Thank you for considering this special way to honor that legacy while supporting Fontbonne University!
Gifts of Stock, Mutual Funds and Other Securities
You can enjoy multiple benefits when you make a gift of stock, mutual funds or other securities to Fontbonne University. If you bought a stock years ago and it has grown in value you can incur a capital gains tax if you sell it. If you give it outright to Fontbonne, you pay no capital gains tax and you receive the full value of the securities at the time you make your gift. Upon receipt of your gift, Fontbonne sells the securities and uses the proceeds to fund current immediate needs or uses the proceeds for the purpose you designate, such as annual scholarship support. Fontbonne pays no tax on the sale because the University is a tax-exempt organization. Securities can make a wonderful gift for a bequest, charitable gift annuity or other type of planned gift arrangement.
Ways to Make a Gift of Securities to Fontbonne University
There are several ways to make gifts of stock, mutual funds and other securities to Fontbonne University.
Electronic Transfer of Stock
If your broker, bank, or financial services company holds the securities you wish to give to Fontbonne, simply notify your broker, trustee officer or other person responsible that you wish to make a gift of such securities to Fontbonne University. Your broker will give you instructions about providing official authorization for such a transfer to Fontbonne. Please ask your broker to call Fontbonne University’s development office, at (314) 889-1408 for complete transfer instructions.
You should then notify Fontbonne University’s development office that you are making a gift of securities (describing the number of shares or units, the name(s) of the stock(s), your broker’s name and phone number, and the purpose for which you wish to designate your gift.
Fontbonne will notify you when the transfer is complete and we will advise you of the value of your gift.
Transfer of Stock by Mail
If you hold your own stock certificates and wish to make a stock gift, you should send your unendorsed stock certificate(s) by registered mail to:
6800 Wydown Boulevard
St. Louis, MO 63105
In a separate envelope, by regular mail, please send:
- A signed stock power form for each stock certificate being mailed. The signature should be exactly as it appears on the stock certificate. Provide only your signature on each stock power.
- A brief note identifying yourself (name, address, phone number) and describing the name(s) of the stock(s), the number of shares you are gifing to Fontbonne, and your intended purpose for your gift.
Mail both envelopes at the same time. The postmarks determine the “date of the gift.”
Fontbonne University will notify you when the envelopes have been received and the value of your gift has been determined.
Transfer of Stock in Person
Bring your unendorsed stock certificate(s) to:
6800 Wydown Boulevard, Ryan Hall, Rm. 205
St. Louis, MO 63105
One or more stock power forms will be provided for your signature as well as a receipt acknowledging your gift and its purpose.
Gift of Mutual Funds
A gift of appreciated mutual funds, held by you longer than one year, can also make a wonderful gift to Fontbonne University. Most often, the mutual fund company must transfer the mutual fund shares. You should contact your mutual fund company to receive proper instructions on how to make a gift of mutual funds to Fontbonne University. A gift of mutual funds can take much longer to complete than a gift of stock.
For any questions about a gift of stock, mutual funds or any other securities to Fontbonne University, please contact:
Institutional Advancement at (314) 889-1408.