A gift of stock can be beneficial to you as well as to the university. For example, a gift of appreciated securities may help to reduce your capital gains tax liability while also providing important resources for NJIT. As with other types of gifts, you decide how the university uses your gifts of stock.
Please feel free to contact us with questions regarding gifts of stock:
Monique Pryor, Esq.
Assistant Vice President
- The donor or broker should notify the Assistant VP of Planned Giving; Monique Pryor, Esq. by email at email@example.com advising NJIT of the gift.
- The donor should instruct his or her broker to transfer the securities directly to:
The Foundation at NJIT account
at Wells Fargo Advisors
Account Number 6900 – 8134
VIA DTC # 0141
- For direct Broker Transfers; the date of the gift will be the date securities are received.
For other stock gift options or questions please email Monique at firstname.lastname@example.org or call 973-596-8548.