Gifts of Securities
When you give Morningside University appreciated stock that you have owned for more than one year, you receive a tax deduction for the full value of the gift and avoid paying capital gains tax. Morningside is grateful for the growing number of donors who choose to make their gifts with appreciated securities. Your financial adviser can arrange for a year-end gift of stock from your account.
You will need the following information to make a gift of securities:
To: SEI Private Trust Company
DTC Number: 2039
Security National Bank Account Number: 11234
FBO: #5-09743-00 (Morningside’s Security National Bank Sub-Account)
Please include the account number and the FBO number.
Morningside University Tax ID #: 42-0680400
The transaction will transfer the securities to the Morningside’s account at:
Security National Bank of Sioux City, Iowa
601 Pierce Street
Sioux City, IA 51101
Phone: (712) 277-6663
Please let Morningside know the stock name, number of shares being transferred, the purpose of your gift, and the name of the donor.