USML | Gifts of Securities

How to Give

Gifts of Securities

Your gift of appreciated marketable stocks or mutual fund shares provides significant support for the Mundelein Seminary program of your choice. It also may offer you important tax benefits.

Rather than selling your appreciated securities and donating the proceeds, consider transferring them to Mundelein Seminary. This is likely to increase the value of your gift because you will not incur sales expenses and your transfer will not generate a taxable capital gain.

If your securities have decreased in value since you acquired them, it may be to your advantage to sell them, report the capital loss deduction and donate the proceeds.

If you hold highly appreciated but low-yield stocks, consider using them to fund a charitable remainder trust or a charitable gift annuity at Mundelein Seminary. We can convert the stocks to income investments and provide you with a long-term income stream while minimizing your taxable capital gains. For more information on how a gift of real estate might work for you, please contact the Office of Planned Giving.

To make your gift, and to ensure that you receive proper acknowledgement and documentation, please refer to our detailed instructions on transferring the following types of assets:

  • Securities held by a bank or broker
  • Stock certificates you hold
  • Mutual fund shares

DTC Number: 771

Account Number: 156-16135-1-2
Taxpayer ID Number: 36-2170826 - Archdiocese of Chicago

Our Broker: William Blair & Company
(312) 364-8239

Fax: (312) 577-0658
Attn: Cliff Kalish
ckalish@williamblair.com

Please telephone our office if your client is transferring shares to University of St. Mary of the Lake/Mundelein Seminary. We need to know the name and numbers of shares being transferred.

We recommend that you consult your tax advisor for more information regarding the gift tax and income tax results of such gifts as they apply to your specific situation. (Mundelein Seminary does not provide donors with individual tax advice.)

If you have questions, please contact Harve Schlachter, Director of Planned Giving, at 847-970-4952, or hschlachter@usml.edu.


To see this video you need to upgrade to the latest HTML5 compatible browser or download Adobe Flash Player.