Ways to Give : Securities & Property  
Cash gifts are easy to make and carry tax benefits, but gifts of stock or other securities may be a more appropriate gift vehicle for your situation. Securities and property may be given directly to the Endowment Fund as annual gifts, or they may be used to establish certain types of planned gifts.

Stocks & Securities

A gift of stock is valued for tax purposes on the date of transfer. The fair market value of gifts of long-term, capital gain securities or real estate is deductible up to 30% of a donor’s adjusted gross income. Any amount in excess may be carried forward for a period of five (5) years. Giving securities that have increased in value is a great way to both benefit the Endowment Fund and bypass the capital gains tax due on a sale.

By far the best way to transfer securities to the Endowment Fund is to do so electronically. If you hold the shares in any sort of electronic account, simply contact the Endowment Fund’s investment manager at the information below. Please also call the Endowment Fund once you have completed the transfer. This helps ensure you receive proper recognition for your contribution and assures that the gift was credited to the proper fund.

Firm: UBS Financial Services
Account Manager: Keith Steiner
Assistant Manager: Michele Stiff
Phone: (317) 816-1810
Fax: (317) 816-1888

For DTC:
Firm: UBS Financial Services
DTC Number: 0221
FBO: IP-41295-10 (The Endowment Fund of the Phi Kappa Psi Inc.)

If you do not have stocks in a broker account, you may have paper stock certificates printed in the Endowment Fund's name and delivered to the Foundation’s offices. Have the certificates issued to the Endowment Fund of the Phi Kappa Psi Fraternity and deliver them to 5395 Emerson Way, Indianapolis, Indiana 46226.

A final option is to deliver to the Endowment Fund paper stock certificates issued in your name. For security reasons, do not endorse the backs of the certificates. Instead, include a transmittal letter specifying your name and address and indicating how many shares you are contributing. Then, in a separate envelope, send the Endowment Fund a stock power executed in blank with the signature guaranteed. Your bank or attorney should be able provide you with stock power forms and guarantee your signature. You must also include a cover letter confirming your gift.

Tangible Property

Real estate, works of art, rare books or stamp and coin collections are just a few types of tangible property that you may give to the Endowment Fund. If the real estate is subject to a mortgage at the time of the gift, you may be subject to capital gains tax on a portion of the appreciated value, but you will be entitled to a charitable deduction for the full fair market value of the real estate (reduced by the amount of the mortgage). Your charitable deduction reduces your ordinary income, which is generally subject to tax at rates substantially higher than the capital gains tax. Thus, you will realize a significant tax savings - even if the real estate is subject to a mortgage.

The easiest way to make a gift of real estate is to deed the property to the Endowment Fund. You may contribute almost any type of real property: a personal or recreational residence, a farm or ranch, a commercial building, subdivision lots or any undeveloped parcel of land.

You also may transfer ownership of your personal residence (including a vacation home) to the Endowment Fund but retain the right to use the property for your lifetime or that of your spouse. You receive an immediate tax deduction for the value of the Endowment Fund's remainder interest.

When you make this type of gift, you’re entitled to a charitable deduction for gifts of tangible property. In the case of art or antiques, the deduction amount depends on the “related use” and who produced the work.