Gifts of Securities

Contributions received in the form of stock certificates are processed for sale. The stock is valued at the market value at the date of receipt if received in the name of the University or at the market value of the stock at the date it is registered in the name of the University. For accounting purposes, the difference between the value of the stock initially recorded and the value when sold is recorded as a gain or loss to the University's accounts, not to the gift account.

Procedures
Donors wishing to donate stock to Gwynedd Mercy University should be instructed to have their broker transfer the stock to the name Gwynedd Mercy University and transmit to our broker:

Sara Sillay
Client Operations Specialist
The Atlanta Consulting Group/Morgan Keegan
3050 Peachtree Road, NW
Suite 600
Atlanta, GA 30305
Tel: 404-240-6739
Fax: 404-240-6725

DTC Instructions:
The Atlanta Consulting Group/Morgan Keegan
DTC #780
Gwynedd Mercy University
Account #0149129651

The Atlanta Consulting Group/Morgan Keegan will be instructed to sell stock in our account at the first opportunity and forward the proceeds to:

Gwynedd Mercy University
Attn: Jennifer Ginnetti, Controller
1325 Sumneytown Pike
Gwynedd Valley, PA 19437