Shares of stock and mutual funds may be transferred electronically to DeSales University by using the DeSales account at Morgan Stanley. When requesting a stock transfer, you will need to provide your broker with the desired number of shares you wish to transfer, the DTC (Deposit Trust Company) wire number, and DSU’s account number.
You are entitled to a charitable income tax deduction for the full market value of the securities. This value is based on the average of the high and low price on the date of delivery (the date the stock is transferred into the DeSales account at Morgan Stanley). You will receive an acknowledgment from DeSales University for the value of your gift.
Transfer to: DeSales University’s account at Morgan Stanley
Attn: Wilson Yale
DTC Wire # 0015
DeSales University Account #604-012540
Office of Institutional Advancement
2755 Station Avenue
Center Valley, PA 18034-9568
610.282.1100, ext. 1310
- the number of shares being transferred
- the name of the stock or mutual fund
- the anticipated date of transfer
- the desired purpose of your donation