Donors
can give to the Kenyon Fund in many ways. As a reunion committee
member, you'll mostly likely encounter gifts made by check, credit card,
securities, or matching gifts.
Check
Checks should be made payable to Kenyon College and mailed to:
Kenyon College
Office of Annual Giving
College Relations Center
Gambier, Ohio 43022-9623
Credit Card
Gifts by MasterCard, Visa, American Express, and Discover can be made online via our secure web server, http://gift.kenyon.edu, or by calling 1-800-KENYONC. Monthly payment options are available by credit card.
Securities
Kenyon welcomes gifts of securities. To find out more about transferring stock to Kenyon, please see instructions below or call 1-800-KENYONC.
Matching Gifts
Corporate
matching gifts count toward your total contribution and your
eligibility for membership in one of the College's giving societies.
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Gifts
to educational institutions, such as Kenyon, are encouraged by federal
tax laws. Many gifts to Kenyon are in the form of cash, but many alumni,
parents, and friends of Kenyon are finding that gifts of appreciated
securities are a much better gift vehicle. In fact, many people are
finding it is possible to make a much larger contribution by using
securities than a cash gift would allow.
How can a gift of securities benefit the donor?
- The gift is first credited for the full market value of the securities (see below for valuation).
- The donor may then deduct this full amount from federal income tax (within 30% of adjusted gross income).
- No capital gains tax is due on the increased value of securities.
How can the gift be made?
The
donor may instruct a broker to transfer the securities from the donor's
account to the account of Kenyon College, and, at the same time, inform
Vice President for College Relations Sarah Kahrl of the transfer.
Alternatively,
the donor may send the unendorsed stock certificate and, under separate
cover, a signed stock-power form executed in blank (no named
transferee) and a letter of authorization (stating number of shares,
name of stock, and allocation for proceeds of sale) with a medallion
signature to Sarah Kahrl at:
Sarah Kahrl
Vice President for College Relations
Kenyon College
Gambier, Ohio 43022-9623
Phone: 740-427-5154 or 1-800-KENYONC
kahrls@kenyon.edu
How is the value of securities gift determined?
The
value of the donor's gift of securities is established using the mean
of the high and low stock quotations the day the gift passes to Kenyon's
control.
Who is Kenyon's broker?
Here is the updated information we've been waiting on from Tom Fosnaught:
Kenyon Broker:
Tom Fosnaught, Lincoln-Douglas Investments, LLC
135 South Main Street
Mount Vernon, OH 43050
740-397-1397
Fax: 740-397-1980
DTC Number through National Financial Services: 0226
Kenyon Account Number: LDR000159
Broker Number: MV3