The donation of stocks and bonds are an effective way for our donors to support our university and students.
Long-term, appreciated securities are those you've owned for more than one year and have increased in value. Such a gift would entitle you to a federal income tax deduction for the full fair market value of the securities on the date of the gift, up to a maximum deduction of 30% of your adjusted gross income for the year if you itemize deductions.
Short-term securities are those you’ve held for less than one year. If you itemize, you will be entitled to a federal income tax deduction for only the purchase price of the securities.
Depreciated securities are those that have declined in value since you bought them. To gain maximum tax benefits from the gift, it is normally recommended that the donor sell these, take the tax loss, and donate the cash proceeds.
To make a gift of stock to benefit the University of Hawaiʻi, please instruct your broker to transfer via DTC (Depository Trust Company) a specified number of shares in kind to the University of Hawai‘i Foundation’s brokerage account at:
Attn: Kirk Taniguchi
Pauahi Tower Penthouse
1003 Bishop Street
Honolulu, HI 96813
Phone (808) 525-7368
Account Name: University of Hawai‘i Foundation
Attn: JJ Johnson
Charles Schwab & Co, Inc.
Honolulu Branch (HO)
700 Bishop Street, Suite 100
Honolulu, HI 96813
Phone (808) 532-9781
Account Name: University of Hawai`i Foundation
Please send a copy of these instructions to:
University of Hawai‘i Foundation
P.O. Box 11270
Honolulu, HI 96828-0270
Fax: (808) 441-0992
You can also fax these instructions to (808) 441-0992, so your gift can be properly credited and acknowledged.
For more information, please contact Allison Ohanian, Associate Vice President, Gift Planning & Donor Development at (808) 376-7873, or [email protected].