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{ Gifts of Stock }

 

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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