Donations of stock are credited to the donor on the date the stock is received by the College and are to be entered as a gift at that day’s value. The Business Office has the challenge to sell the stock as soon as possible to guarantee it is counted in the appropriate fiscal year. The donor credit for the gift is not affected by the actual selling price of the stock.
For more information regarding stock gifts, please contact Debbie Sewell, 502/863-8037, Deborah_Sewell@georgetowncollege.edu.
This information is provided as general information and is not intended as legal or tax advice. For advice and assistance in specific cases, you should seek the advice of an attorney or other professional adviser.