University of Mobile gratefully accepts stock transfers as a way for alumni and friends to support the university’s mission. To facilitate a stock transfer and to make sure you receive proper credit for tax-reporting purposes, it is important that you inform the university, as well as its broker, about the transfer.
If you are considering a donation of securities, please speak with your broker and have him or her contact one of the brokers for the university. Also, when transferring stock via a broker’s website or in paperwork, please remember to check the box that says, “Release my information” so that the broker can share the gift details with the university. Contact University of Mobile at 251.442.2917 for a list of brokers.
Please then notify University of Mobile. To ensure that the university promptly recognizes and acknowledges your gift, notify University of Mobile’s Office of Advancement at 251.442.2917. UM will need details of the securities transfer, including your name, the name of the securities, the number of shares or approximate value, gift designation or purpose, date on which the transfer should occur, and your broker’s name and telephone number.