Gifts of Securities

When securities are transferred to the foundation or university, the donor shall inform the foundation or university personnel their intent to transfer securities as of a specific date. The foundation’s stock broker will notify their office of the actual date of transfer. The donor's tax deduction and the foundation or university valuation should be calculated in accordance with ASU System Foundation Inc. policies.

Revised: 02/05/2020

Effective Date: 07/01/91  
Number: 06-11  
Section: University Advancement  
Subject: Gifts of Securities