For Professional Advisors

Professional advisors play a critical role in philanthropy and are valued partners of SUNY Cortland. At SUNY Cortland we are committed to partnering with you and your clients to help create gift plans that best match your clients’ personal and philanthropic goals.

As you know, not all gift structures are the same. Our team at SUNY Cortland is dedicated to working alongside you, sharing the most up-to-date and tax-smart strategies to match your clients’ interests.

Cortland College Foundation, Inc. Instructions for Making Gifts of Stock

Stock gifts may be made in one of three ways:

Direct electronic transfer—a wire transfer through your broker direct to the Cortland College Foundation account with James P. Nunciato, Wall Street on Court Street, 26 Court Street, Cortland, NY 13045.

Your broker is requested to contact Mr. Nunciato for instructions on the transfer. We would like to request that your broker also let us know when to expect the transfer.

James Nunciato
Phone: (607) 756-8845
Toll-free: (800) 756-9366
Fax: (607) 756-8916
E-mail: jnunciato@wallstoncourtst.com

Reference Account: #43C-345246; c/o Cadaret, Grant & Co.
Brokerage Account: Held at Pershing; Tax ID #13-2741729; Wire DTC #0443

Additional Notes

Cortland College Foundation pays all fees; they are not deducted from the value of the gift. Cortland College Foundation acknowledges and counts the value of the gift on the date of acquisition:

• If by mail, the postmark date (Post Office acts as the agent of CCF)
• If by delivery service, date of receipt (Delivery Company acts as agent for the donor)

Cortland College Foundation Tax ID: #16-0979814

The value of the gift is based on the date that the donor relinquishes dominion and control of the stocks. The average high and low prices of the stock on that date determines the value of the gift. It is the donor’s responsibility to claim the appropriate tax deduction based on current tax law.