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Thank you for considering a gift of stock to Ripon College.
Most gifts of appreciated long-term capital-gain property to Ripon
College offer substantial benefitsto the College and to the donor. Several
easy options are available to prospective donors, and rarely is it
advantageous to actually transfer the registration of the stock into the
college's name. These three easy methods of transfer should help
complete a stock gift with a minimum of delay and expense and allow
the donor to mazimize the effect of the gift for Ripon College.
If your stock is currently held in an account with a brokerage firm,
making your gift to Ripon will work using either Method 1 or 2.
Method 1:
Your gift of stock can be sold (for the College) by your broker.
Give your broker a signed letter of instruction with the name of
the stock that you will be contributing, number of shares, any
restrictions regarding your gift, and the fact that Ripon College
will be calling to give disposition instructions. Fax, email, or mail
a copy of your letter to the Office for Advancement. The College
will contact your broker. No physical exchange will take place.
This is by far the fastest and most efficient form of transfer.
Method 2:
Your stock gift can be transferred electronically into the College's
account. You will simply give your broker a signed letter of
instruction to deliver the stock (name and number of shares) to
Ripon College via "free delivery through DTC". Fax, email, or mail
a copy of your letter to the Office for Advancement. The college
needs written confirmation of the transfer from your broker before
we can issue a gift receipt. Your broker will require two pieces of
information to complete the delivery:
- The Ripon College account is held by M&I Brokerage Services
through a clearing agent named Pershing. The M&I Pershing
DTC number is 0443.
- The account number for Ripon College at M&I is: 4RP-214270.
Method 3:
If you hold a physical stock certificate and want to gift that stock
to Ripon, send three things to the Office for Advancement to
complete the gift:
- The unsigned stock certificate. Leave the certificate unsigned,
nonnegotiable.
- A cover letter. With the stock certificate, please send a cover
letter including your name, address, name of stock, number of
shares, certificate numbers, and any restrictions regarding your gift.
- In a seperate envelope, send a stock power** for each stock
certificate with your signature guaranteed. This stock power will be
attached to the gifted stock certificate to make it negotiable. Stock
powers are available from brokerage firms or banks.
**Please note that the stock power that accompanies each stock
certificate must now have the signature guaranteed before the
College broker (M&I) will be able to trade if for the College.
Signature Guarantee is not the same as an notarized signature.
The guarantee can be easily obtained at most financial
institutions or banks.
For further information, please contact Linda Corder, Bill Neill '67, or
Larry Malchow '77 at:
Ripon College Office for Advancement
P.O. Box 248
Ripon, WI 54971-0248
Toll Free: (877) 231-0455 Email: neillw@ripon.edu
Phone: (920) 748-8351 malchowl@ripon.edu
Fax: (920) 748-9262 minord@ripon.edu

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