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Ways to Give

Gifts of cash, checks, and credit cards:
Cash gifts, made by check or credit card, are the simplest and most common types of gifts. They allow Saint Rose to put your contribution to use right away, benefiting students and programs immediately.

  • Checks can be sent to:
    The College of Saint Rose
    Office of Institutional Advancement
    432 Western Avenue
    Albany, New York 12203
  • Credit cards can be used online

Gifts of securities:

Thank you for your interest in making a gift of publicly traded stock to The College of Saint Rose. Giving appreciated stock held for one year or more is often an excellent way to support Saint Rose. These gifts often receive very favorable tax treatment. Consult your tax adviser for specific information.

If your broker has any difficulty with this stock transaction, please contact:

Veronica Fitzgerald, VP Institutional Advancement:
Phone: (518) 454-5114
Fax: (518) 458-5447
E-Mail: fitzgerv@strose.edu

If your broker or bank hold the securities

  1. Please call your broker and let them know that you want to make a gift of stock to The College of Saint Rose. She/he will want to know the name of the stock to be used, and the number of shares you are contributing. The date of the gift is generally when the stock actually leaves your account, so ask your broker to handle this transfer as soon as it is possible.
  2. Ask your broker to transfer this stock to The College of Saint Rose account
    at one of the following brokerage firms:

Merrill Lynch
69 State Street
Albany, NY 12207

DTC Number:               #8862
Account Number:          #808-04C90
Account Manager:        Connie C. Picardi, Officer and Wealth Management Client Associate
Phone:                          (518) 462-8332
Fax:                              (518) 618-3177

  1. After notifying your broker, please call Veronica Fitzgerald at (518) 454-5114. We will need to know the name and telephone number of your broker, the name of the stock and the number of shares you are contributing, and the purpose or designation of your gift, if known. (Confidential voice mail may be left at this phone number if you desire.)
  2. Please remember not to instruct your broker to sell the stock and forward the gift to Saint Rose. This will jeopardize the excellent tax benefits you would receive if the college arranges for the disposition of your stock.
  3. The college will notify you of the amount of your contribution based on the date that the transfer is complete.

If you hold the stock certificates yourself

  1. Please mail them via U.S. Postal Service (First Class mail) without any endorsement or assignment along with a letter stating the purpose of your gift (if known) to:Veronica Fitzgerald
    VP Institutional Advancement
    The College of Saint Rose
    432 Western Avenue
    Albany, NY 12203
  2. In a separate envelope, please send one endorsed Stock Power Form per certificate. Endorse each form exactly as your name (or names) appear in the front of your certificate(s). You need not provide any additional information on the Stock Power. We will complete it to process the gift properly. Send these forms to the address above. If you need a Stock Power Certificate, please call Veronica Fitzgerald at the number above.
  3. Your stock certificates are not negotiable until we receive both envelopes from you, so it is a very safe way to give stock to the college.
  4. Your date of the gift is established by the date of the postmark on the envelope. (If the two envelopes are mailed on different days, we will use the later of the two dates.) We will base the actual valuation of the stock on this date, and will provide you a detailed accounting of your gift for your tax records.

The College of Saint Rose is a 501 (c) 3 tax-exempt not-for-profit organization.

Our Federal ID number is 141338371.

Donor-Advised Funds 
A donor-advised fund is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about. You donate cash, stocks, or non-publicly traded assets such as cryptocurrency and private company stock to be eligible for an immediate tax deduction. Then those funds can be invested for tax-free growth. You can recommend grants to virtually any IRS-qualified public charity from the donor-advised fund—from your local homeless shelter to your alma mater. Tax ID # 14-1338371

Bequests
Making a bequest in your will or living trust can be a beneficial way to provide for a future transformational gift. You can take care of yourself and take care of Saint Rose by making a commitment without reducing your assets during your lifetime. The bequest can take the form of a specific dollar amount, a percentage of your estate, or a particular asset.

Sample language may include: “I, [name], of [city, state ZIP], give, devise and bequeath to the College of Saint Rose [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.” Tax ID # 14-1338371

IRA – Required Minimum Distributions (RMDs)
If you are at least 70 ½ years old, you can donate any amount up to $100,000 from your RMD to a qualified charity such as Saint Rose without paying any income tax on the distribution. Please contact your plan administrator and provide the College’s tax ID number (14-1338371) and address (4321 Western Avenue, Albany, New York 12203). At any age, you can make the College a beneficiary of all or a portion of your IRA.

Charitable Trusts
Establish a charitable remainder trust and you will receive income for life from the trust assets. You will also gain significant tax benefits that could include a reduction of capital gains taxes as well as an immediate tax deduction. Funding a charitable trust with highly appreciated assets such as real estate or stocks is ideal.

Gift Annuities
The College of Saint Rose offers competitive rates for gift annuities. In return for your gift, you receive annual payments, a part of which is tax-free. The rate of return may be significantly higher than many other fixed-income investments. Gift annuities may be funded with cash, marketable securities, or real estate.

Life Insurance
Gifts of paid-up life insurance that is no longer needed for its original purpose provide a great way to make a sizeable gift to Saint Rose. Naming Saint Rose as the irrevocable owner and beneficiary allows an immediate tax deduction equal to the replacement value of the policy.

For more information, please contact Therese “T.” Stillman, Senior Director for Institutional Advancement 518-454-5199, stillmat@strose.edu.