Gifts of Stock Header

Did you know? Otterbein Accepts Gifts of Stock

For years, you have carefully invested and watched your savings grow. What took a lifetime to build can quickly change through capital gains tax when you sell. But it doesn’t have to be that way. Rather than selling, consider a gift of appreciated stock. Consult your tax advisor to learn more about the benefits of gifting stock before the end of the year.

For Certificates Held by a Bank or Broker

Certificates held by a bank or broker can be transferred to Otterbein electronically by following these steps:

Step One: Gifts of securities such as stocks and bonds may be made electronically by instructing your broker to send the securities via Depository Trust Company (DTC) to:

  • Brokerage Firm:  Goldman Sachs & Co. LLC
  • DTC Number:  0005
  • Account Name:   Otterbein University
  • Account number: 030488274
  • Reference: Donor Name (Including your name will ensure the gift is properly acknowledged.)

For the donation of MUTUAL FUNDS, please call in advance: 202.585.6761

Step Two:
Contact Christine Neubauer, Assistant Director of Advancement Services at 614.823.1428 or and provide the following information:

  • Your name and address
  • The specific name of the securities to be transferred
  • The number of shares to be transferred
  • Any special restrictions on the securities to be transferred
  • The designation of the gift (The Otterbein Fund, special project, etc.)
  • The name, address and telephone number of your broker.

For Certificates Held by You

If you hold the securities, you may send them to directly to Goldman Sachs at the address below or to Otterbein at the address below by ordinary first-class mail using these steps:

Step One: In one envelope, place:

  • the securities certificates, unsigned
  • a letter stating the purpose of the gift (be sure to include your name and address)

Step Two: In a second envelope, send:

  • a stock power form, which you should sign, but otherwise leave blank and obtain a medallion signature guarantee from your bank or broker.  Stock power forms are available from Otterbein or from your bank or broker.
  • a copy of the letter sent with the certificates

Step Three: Address and mail both envelopes to one of the following addresses:

  • Goldman Sachs
    Attn: Nathalie Leclef
    Investment Management Division
    101 Constitution Ave. NW, 10th Floor
    Washington, DC  20001
    Tel: 202.585.6761
  • Christine Neubauer
    Gift Administration
    Otterbein University
    1 South Grove Street
    Westerville, OH 43081
    Tel: 614.823.1428
    FAX: 614.823.1905

The certificates will not be negotiable until joined with the stock power, so using two separate envelopes will safeguard your gift.

Note: There are important reasons to use the procedures outlined above. For example, do NOT instruct your banker or broker to sell your securities and forward the proceeds; this would represent a cash contribution and you would be liable for the capital gains tax.

Valuing and Acknowledging Your Gift

The value of your gift of securities is the mean between the high and low prices on the day the securities officially pass from your control to Otterbein’s. Otterbein will send you a receipt stating the number of shares and the date on which they are officially received.


The Office of Development is located in Hancock House at 111 West Park Street.

Office Hours
M-F: 8:30am - 5:00pm

Contact Development
Kathleen Bonte, Executive Director of Development for Organizational and Special Giving
p/ 614.823.2707