Trust Funds

Gifts of Securities

OVERVIEW

This procedure should be utilized when a donor gift to the University of Wisconsin System Trust Funds includes shares of securities. The conditions for use of these funds established by the donor will dictate the Trust Account to be used. In all cases, the actual stock received will be liquidated in the open market with the resulting funds placed in a Trust Account. If the donor conditions are of a general nature, it may be possible to add these funds to an existing account. However, if the donor conditions stipulate that the funds are to be used for a purpose for which no Trust Account exists, a new one must be established. This process is identical to that of the notification and acceptance of monetary gifts that requires coordination between the Trust Funds office and the Campus office.