Stocks, Bonds or Mutual Funds

Gifts of publicly traded stock or other securities are received electronically through our broker, BNY Mellon. Your broker initiates the transfer, and a receipt will be issued by the UT Foundation when the gift is posted.

Why

As with cash gifts, the support is immediate, and you may direct your gift to a specific campus, college, program or institute. In addition, gifts of appreciated stocks, bonds or mutual fund shares can be a tax efficient way of giving for a donor.

How

Gifts of publicly traded stock or other securities are received electronically through our broker, BNY Mellon. Your broker initiates the transfer, and a receipt will be issued by the UT Foundation when the gift is posted.

Instructions for making a stock, bond or mutual fund gift

STEP 1. Please provide the following information to your broker for gifts of securities to the UT Foundation:

DTC Eligible Securities
   DTC number: 0443
   Pershing, LLC
   For credit to account number: N7M002366
   Client account name: The University of Tennessee Foundation

STEP 2. Please send the following information to your development officer or stock@utfi.org:

• Name(s) and Address or other contact information that needs to be updated, if applicable
• Name of security and number of shares to be transferred
• Purpose of the gift or the specific account name or allocation

Gifts of closely held securities must be approved in advance by UTFI’s Executive Committee. When considering gifts of closely held securities the committee shall consider any restrictions that might prevent converting the security to cash, marketability and potential for undesirable consequences to UTFI.

Connect with UT Foundation Development Officers

UT Chattanooga
(423) 425-4232

UT Health Science Center
(901) 448-5516

UT Knoxville
(865) 974-3011

UT Martin
(731) 881-7610

UT Southern
(931) 363-9825

UT Institute of Agriculture
(865) 974-5779