Skip to Content

How You Can Help

Gifts of Stock

Gifts of long-term appreciated securities offer you an advantageous way to support The University of Texas M. D. Anderson Cancer Center. 

Tax Considerations

  • Long-term securities (held more than one year) - The tax law permits a charitable deduction of the current full fair market value of the securities, up to 30% of adjusted gross income, with a five-year carry-over option. In addition, the securities are not subject to a tax on the capital gain.
     
  • Short-term securities (held less than one year) - The Internal Revenue Service considers these ordinary income property. Thus, a charitable deduction may be taken only for the original cost of the securities.

How to Transfer the Stock

Gifts of securities are handled by The University of Texas System Office of Development and Gift Planning Services. Contact Charlotte Hambrick at (512) 499-4346 to arrange a transfer of the stock. 

  • Through Your Broker
    For an electronic transfer through a brokerage account, the date of receipt of the stock in our account is generally considered to be the date of the gift for valuation purposes. 
  • By Mail
    If you are not using a broker, stock certificates may be mailed or delivered to:

The University of Texas System
Office of Development and Gift Planning Services
 210 West Sixth Street
Austin, Texas 78701 

Certificates also may be delivered to:

Development Office
The University of Texas M. D. Anderson Cancer Center
6900 Fannin, Suite 6.1000
Houston, Texas 77030-4009 

A signed “Stock Power”assigning the stock to the “Board of Regents of The University of Texas System” for the benefit of The University of Texas M. D. Anderson Cancer Center should be mailed in a separate envelope or delivered. The postmark or delivery date will establish the date of the gift.

To Issue a New Certificate

If circumstances require a new certificate be issued, it should be reissued in the name of:

Board of Regents of The University of Texas System,
Attn: Development and Gift Planning Services
210 West Sixth Street
Austin, Texas 78701
Tax ID #746000203 

Reissuing may take four to six weeks and the gift date will be the date of issue on the new certificate.

Sale of the stock will take place as soon as possible after the transfer. Acknowledgment will be in compliance with IRS regulations.

Donating Closely-held Securities for Which No Public Market Exists

These securities must be thoroughly reviewed before approval to accept them can be given. You may contact Charlotte Hambrick at (512) 499-4346.

Designating the Use of Your Gift

Please forward a letter indicating the purpose of the gift to ensure that it is used as intended.This is particularly important if a certificate will be reissued in our name, since the new certificate may arrive from the transfer agent without any indication of who the donor is or what the gift is for.

For further information, please contact the Development Office at:

(713) 792-3450 or (800) 525-5841


© 2009 The University of Texas M. D. Anderson Cancer Center