Gifts of publicly traded securities can be used to support a cause or program you care about while offering you certain benefits. Stock gifts with appreciated value allow you to avoid capital gains taxes and provide you with a tax deduction.
Here is the information you will need for the University of Massachusetts Amherst for the transfer of stock to the university’s broker Mellon Bank, Boston, DTC# 0954
For donations designated to a UMass Foundation scholarship/endowment use the Account# MAFF1684002. For donations designated to a UMass Amherst Campus account use the Account # MAFF1904002.
Please note: There is no space between the letters and numbers within the account number.
Please contact the Records & Gift Processing Office with information regarding your securities donation before the transfer is initiated. This will help the transfer go through smoothly.
Suzanne M. Reder-Delano
Records & Gift Processing