Stocks, Bonds, Mutual Funds

Why should I transfer appreciated stock?

A gift of appreciated stock is a very attractive way to give to Oberlin College. Not only does your gift enhance the educational opportunities we are able to offer our students, but you may also realize a substantial tax savings. This is most advantageous when you have owned the stock for at least one year and the stock has appreciated in value.

Your gift of long-term appreciated stock will entitle you to a charitable deduction equal to the mean market value of the stock on the date of your gift, and you avoid capital gains tax on the stock’s appreciation. Generally speaking, you should not transfer depreciated stock.

How do I transfer appreciated stock?

Your broker can electronically transfer shares of stock to Oberlin College through our brokerage account. Here is the information your broker will require:

Receiving Broker:
Baker & Company Inc.
19111 Detroit Road, Suite 100
Rocky River, OH  44116

The account name is:
Oberlin College
Account # 796-52918
DTC # 0235
Clearinghouse: RBC Capital Markets LLC

Because your name will not be disclosed to Baker & Co. when your stock gift transfers, please advise us directly when you make your gift so that we can properly credit it.

It is also important to note that a gift of stock is not considered complete until it arrives in Baker & Co.’s account, which can take up to 2-3 business days. Please be aware of this if you are making a year-end contribution for tax planning purposes.

Please contact us for instructions if you have physical possession of stock certificates and wish to endorse and send them to Oberlin College directly, or if you wish to fund a life income gift (such as a charitable gift annuity, a charitable lead trust, a charitable remainder trust, or a pooled income fund) with appreciated stock.

Take the Next Step

Thank you for your interest and investment in Oberlin College. Your support is sincerely appreciated! Contact us at stock.gifts@oberlin.edu  or at 800-693-3167, if you have any questions or require further information.