Giving appreciated securities or mutual funds
You may enjoy substantial tax savings by transferring gifts of appreciated securities or mutual funds to Connecticut College. Gifts of long-term appreciated assets (securities owned for at least one year and one day) may be particularly beneficial in terms of tax savings. Note that it may take as long as three weeks for a gift of mutual funds to be transferred, so please plan accordingly.
Delivery Instructions
CONNECTICUT COLLEGE’S FEDERAL TAX ID NUMBER IS:
06-0646587
Important: Please notify Advancement Services via giving@conncoll.edu prior to initiating security transfers. Please share the name of the donor, the name and amount of the securities being transferred, and the designation at the College where the gift will be directed.
DTC Eligible Securities (including Mutual Funds sent via ACAT)
DTC#0443
Pershing, LLC
For credit to account #N7M100038
Client account name: Connecticut College
Fed Eligible Securities (Treasury Securities and certain bonds)
ABA# 021-000-018
Bank of NY/Pershing
For credit to account #N7M100038
Client account name: Connecticut College
Physical Securities
Physical Certificates and the required paperwork should be mailed directly to Pershing LLC., our clearing broker dealer, AND notice of the physical being mailed should be sent to BNYMCM Gift Processing at bnymcmgiftprocessing@bnymellon.com.
Physical Certificates should be mailed to:
Pershing LLC
One Pershing Plaza
Jersey City, NJ 07399
Attention: Security Receive Area.
Required Paperwork (i.e. stock bond powers, letter of authorization) should be mailed separately to:
Pershing LLC
One Pershing Plaza
Jersey City, NJ 07399
Attention: Pending Papers Area
For Foreign Securities, Bonds, and Mutual Funds requiring BIN#: Please have your broker contact BNYMCM Gift Processing at bnymcmgiftprocessing@bnymellon.com, for additional instructions.
Connecticut College Office of Advancement
Keith Padgett, Director of Advancement Services
Phone 1-860-439-2422 or kpadgett@conncoll.edu
Donor Privacy
Connecticut College places the highest priority on protecting the privacy of our donors and holds all donor information in strict confidence. The College does not sell or trade a donor's personal information to any other entity.