Sale of Donated Securities

Occasionally friends of the University make gifts in the form of donated securities. The policy of the University is to sell donated securities as quickly as possible in order to realize a sale value that is close to gifted value. TCU maintains brokerage accounts with many of the major brokers in the area, so transfer of securities through a donor’s own broker can often be accommodated. If a department receives donated securities, the certificate(s) should be delivered by hand to the office of Advancement in Sadler Hall, room 3000. After the gift is recorded by Advancement, the securities will be delivered to the Assistant Treasurer for sale. For questions about this process, please contact Dick Hoban, Assistant Treasurer, Extension 5108, e-mail: