Electronic Bank Draft — To set up an electronic bank draft, call 1-800-477-4312 x2 or email firstname.lastname@example.org.
Stocks and Securities
Transferring your investment of stocks and bonds into an investment in Harding's students is a two-part process:
1. Have your stockbroker make transfer arrangements with Harding's stockbroker using the following information:
Charles Schwab & Co
DTC Code: 0164
650 S. Shackleford, Ste. 140
Little Rock, AR 72211
Account Name: Harding University, Inc.
Account #: 4106-6374
Contact: Tim Jones (501)279-4920
2. Contact Harding directly on the date of the transfer, advising us of the name of the stock, the number of shares transferred, the donor's name and instructions about where the gift is to be directed. Email details to Julie Turner, or call Harding Advancement at 800-477-4312 ext 4. The gift is considered complete when the shares are received into a Harding brokerage account, and the value will be based on the average high/low price for the day the shares are received.
Giving stocks and bonds that have increased in value may provide you with greater tax benefits than giving cash. Your charitable income tax deduction is equal to the fair market value of the securities (subject to AGI limitations), and you avoid paying the capital gains tax on any increase in the fair market value over the original cost of the asset. Consult your tax adviser for complete information about the tax benefits available.