Gifts of appreciated securities can be a wonderful way to support Alfred State while also providing tax benefits to the donor. Gifts of appreciated securities are tax deductible at full fair-market value if the donor has owned the asset for at least one year. To avoid capital gains taxes, you must transfer the securities themselves, not the proceeds of their sale.
To transfer outright gifts of stock electronically, please contact the Office of Institutional Advancement Office at phone 607-587-3930 for appropriate transfer instructions and ensuring that we are able to credit your gift to you in a timely manner. Informing your broker does not guarantee that we will be able to make the connection, as gifts of securities are usually transferred without including the donor's name.