If you have stock that has appreciated since you bought it, you can gain a tax benefit by donating the stock directly to MIU rather than selling the stock and donating the money. Donating appreciated assets avoids federal capital gains taxes and provides a federal income tax deduction for the current market value of the gift. Similar state tax benefits are also provided in most of the country.
Because of this, donors can see combined tax savings of up to 70% of your gift on donations of appreciated stocks or mutual funds. Talk to your financial advisor for details.
Please send your broker the following account information and indicate the securities and the number of shares to be included:
DTC 0443, Pershing LLC, for the benefit of Maharishi University of Management, Account #: QGW-002404
NOTE 1: Your broker may require a share transfer form – contact your broker to learn their requirements
NOTE 2: MIU’s brokerage account name is still Maharishi University of Management so use the above until further notice.
NOTE 3: MIU’s Federal EIN/Tax ID Number: 42-1315493
For more information or help with your donation, contact Eric Stakland at 641-209-5478.
Notify MIU that you have donated stock
After your broker transfers the stock gift to MIU, please submit the form below to let us know that the donation is from you and how you want the donation to be used.