A gift of stock can be beneficial to you as well as to the university. For example, a gift of appreciated securities may help to reduce your capital gains tax liability while also providing important resources for 51³Ô¹ÏÍø. As with other types of gifts, you decide how the university uses your gifts of stock.
Please feel free to contact us with questions regarding gifts of stock:
Please be sure to notify Michael A. Wall, Associate Vice President of Development and Alumni Relations, of the gift by emailing him at michael.a.wall@njit.edu. Please include the number of shares, name of the stock, and purpose of this gift.
The donor should instruct his or her broker to transfer the securities directly to:
Account Name: New Jersey Institute of Technology
JPMorgan Securities, LLC
DTC 0352
FFC account number 20232986
Attention: Amy Bermudez 212-272-2684
For direct Broker Transfers; the date of the gift will be the date securities are received.
For other stock gift options or questions, please email Michael A. Wall: michael.a.wall@njit.edu.