Gifts from IRAs: Qualified Charitable Distributions (aka charitable IRA rollover gifts)

Click HERE for complete information on how to make a Charitable IRA Rollover Gift to Northeastern.

Gifts of Stock

—Instructions for Electronic Stock Transfer to Northeastern:

  1. Complete and submit the electronic transmittal form, or mail a transmittal letter from your broker to:

Northeastern University
Attention Noreen Gallagher
402 Columbus Place
360 Huntington Avenue
Boston, MA 02115-5005

     *Alerting Northeastern that the stock transfer is taking place allows us to properly identify, direct and acknowledge your gift.

       2. Instruct your broker to transfer shares to Northeastern University at:

  • Northern Trust
    50 South La Salle Street, Chicago Ill 60603
  • DTC #: 2669
    Institutional ID #: 26724
  • Agent bank #: 20290
  • Northeastern Account #: 44-71943
  • Att: Courtney L. Cooper: tel: +1 312-557-1926. Email: cc254@ntrs.com
  • Reference: Donor Name (your name)

 

If your broker has questions about making an electronic gift of securities, please have your broker contact Noreen Gallagher, n.gallagher@northeastern.edu, 617.373.2793.

Note: It is important that your broker does not sell the securities and send us a check. If the broker does this, the tax advantages of making a gift of appreciated stock may be eliminated.

—Instructions for Physical Transfer of Stock Certificates:

To transfer shares held in certificate form:

1. Complete and submit the electronic transmittal form.
2. Send a signed stock power for each certificate (do not complete power)
3. In a separate envelope, send the unendorsed stock certificates to:

Northeastern University
Attention: Noreen Gallagher
402 Columbus Place
360 Huntington Avenue
Boston, MA 02115-5005

Note: If stock is held by more than one person, both must sign names exactly as they appear on the certificate.

Should you have any questions about transferring securities or other gift-related matters, please contact Noreen Gallagher, n.gallagher@northeastern.edu, 617.373.2793.

Gifts of Mutual Funds

Most mutual funds can be transferred directly to our broker Northern Trust.

  • Your broker should contact Courtney L. Cooper at Northern Trust to assist with the transfer of Mutual Funds.
  • Email: Northeastern_Gifts@NTRS.com
  • Phone: 312-557-1926

*Please note that transferring mutual funds can take on average 10 business days to complete.