How to Give Securities

Notify Westmont

Please notify the college of your intention to make a stock gift.

We strongly recommended that for each gift, you forward information by e-mail or regular mail giving us your name, the name of the shares you are transferring, and the area where you'd like to donate (i.e., Westmont Annual Fund, Endowment). Frequently brokerages don’t let us know who made the stock gift, so it’s essential that you let us know.

Transfer Shares

Westmont's Primary Brokerage Account is: 

If your shares are held in an account:

Ask your broker to make an electronic transfer of the shares to Westmont College through its Raymond James broker:

The date of the gift is determined by the act of “relinquishing” the stock. In the case of electronic transfers, the date of the gift is determined when the shares are received in Westmont's account.

Once the stock is received and transferred to Westmont’s account, we will receive notification of the transfer, and a receipt will be sent to you.

For questions about the process, please contact:

If you hold the certificate for your shares:

Choose one of the following methods of transmittal:

The certificate can be assigned to Westmont and endorsed by the donor on the back with a signature guarantee, or the certificate can be mailed without any endorsement and with a fully completed Stock Power. The two documents must be mailed separately to avoid the possibility of unintended use by a party other than Westmont.

Any of the following methods should be used to mail the documents: FedEx, USPS Priority Mail, UPS. Always request tracking.

The date of the gift is determined by the act of “relinquishing” the stock. In the case of electronic transfers, the date of the gift is determined when the shares are received in Westmont's account.

Mail: If mailed through a private mail service (FedEx, etc.) the gift is complete on the date we receive the mail containing the stock certificates and signed powers and assignment documents. If mailed through USPS, the gift is complete on the date of the postmark of the last envelope to arrive at Westmont (in case they do not arrive at the same time).

Hand delivery (with all necessary endorsements to Westmont): the date of delivery. Certificates may be delivered to Deborah Raymond (Office of Finance) on the second floor of Kerrwood Hall, Room 208.

Once the stock is received and transferred to Westmont’s account, we will receive notification of the transfer, and a receipt will be sent to you.

For questions about the process, please contact:

Receipting of stock gifts

Receipts to donors indicate the number and types of shares. For recognition purposes, we credit the donor of publicly traded stock with the fair market value that is determined by averaging high and low trading prices on the date of the gift.

Liquidation of stock

Stocks are liquidated as soon as we receive them at Westmont College, or upon notification by our broker that the shares have been transferred to one of Westmont’s accounts.