Giving from the USA: securities

In giving gifts of marketable securities, benefactors could realise significant tax benefits. 

Securities held by your bank or broker

Tell your bank or broker the number of shares of each security you wish to give and instruct the bank or broker to send the shares to Mari Hurd at UBS Financial Services, Inc. for the account of British Schools and Universities Foundation, using the following wiring instructions:

  • DTC #0221 for credit to A/C Vn15929

Before transmitting the shares, you or your broker should send advance notice of your gift (including your expression for the University of Leicester) to:

UBS Financial Services, Inc.
Ms Robin Phillips
1 Commercial Place, 11th Floor
Norfolk, VA 23510
(800) 522-5782
robin.phillips@ubs.com

and

British Schools and Universities Foundation, Inc.
Patrick Russell, Treasurer
800 Cortelyou Road, #2K
Brooklyn, NY 11218
(718) 474-6400
treasurer@bsuf.org

Securities held by you

Send or deliver unendorsed certificates by Express or Priority Mail, along with a letter of transmittal referencing BSUF and giving your name and address to Robin Phillips at the UBS address above, with a copy to our Treasurer at his address above.

Under separate cover, mail to Robin Phillips a Stock Power executed in blank for each security, along with a copy of your letter of transmittal. Please also send a copy of your letter of transmittal to our Treasurer.           

Please do not fill in BSUF's name as transferee on either the stock certificate or the Stock Power, and please do not send stock certificates to a transfer agent for transfer to BSUF's name.

For listed securities, the value of the gift is the mean between the high and low quotations on the date the gift is made.

Givers should consult their own attorneys or accountants for tax advice about specific gifts.

BSUF's Federal ID Number is 13-6161189.