To save time and ensure a smooth transfer, please contact University Advancement Services (UA Services) before starting the process, and indicate your wish to support the Gordie Center with your transfer: email@example.com or 434-924-7018.
Transfer via the Depository Trust Company (DTC)
UA Services is able to accept DTC-eligible mutual fund shares through UVA's brokerage account. This is best coordinated between brokers, as they know which ones can be sent via DTC.
Clearing Broker: Pershing LLC
DTC Participant #: 0443
Account Number: N7M-001327
Credit: University of Virginia Gift Account
Reference: [Donor’s Name][Fund to credit]
Transferring non-DTC-Eligible Mutual Funds
UVA's brokerage can accept many mutual fund shares that are not DTC-eligible. The process does require coordination between brokers, so the transfer is not rejected and or delayed. Please contact UA Services at firstname.lastname@example.org or 434-924-7018 so UA Services can determine which brokerage can accept the fund. Once determined, UA Services will give contact information to both brokers so they can coordinate the transfer.
Also, please note that you may need to submit a share transfer form or letter of instruction, and may be required to obtain a signature medallion guarantee from your bank or brokerage as proof of ownership. Call the brokerage firm holding the shares and tell them you wish to gift mutual fund shares to the Gordie Center, under the Rector and Visitors of the University of Virginia (Tax ID 54-6001796). Have the complete fund name and ticker symbol with you. Your broker or mutual fund company will be able to tell you what forms or instructions are needed to initiate the transfer. UA Services can help with any tax identification, addresses, account numbers, or other UVA-related information that you may need to provide.
When obtaining a medallion guarantee at your bank or broker, be sure to bring identification as well as your most recent brokerage account statement as proof of ownership. Once your portion of the form is complete and you have obtained the necessary UVA-related information from UA Services, the form may need to be mailed or overnighted (some may even require a quick 48-hour turnaround). Fax copies are generally not acceptable.
Your mutual fund shares may also be held at the transfer agent ComputerShare. ComputerShare is not a brokerage and instead requires that the shareholder initiate a transfer of ownership of the shares to UVA. Once transferred, UA Services redeems the shares and receives the proceeds via check. This process can take from six to eight weeks. The ComputerShare transfer of ownership form includes a section for new holder/recipient information. Please contact UA Services at email@example.com or 434-924-7018 to obtain that information.