How to Give

Not only do you have options for how your gift will be used, you also have options on what to give and how to give. There are gifts that cost you nothing now, gifts that pay you income, and gifts that allow you to decide what happens when.

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Donating Your Retirement Assets

One of the biggest tax advantages in charitable giving continues to be the double benefit donors get when donating appreciated assets to Chowan University instead of cash. By giving appreciated assets (like stocks held for more than one year), you'll get a charitable tax deduction for the full value of the asset and avoid any capital gains tax that would have applied if you had sold the stock and made your gift in cash.

Please provide the following information in your request when directing your broker to transfer your shares to Chowan:

  • Chowan University
  • One University Place
  • Murfreesboro, NC  27855
  • EIN: 56-0554199

Common Stock

  • Chowan's DTC Number: 5409
  • Chowan's Account Name: Chowan University
  • Chowan's FBO Account Number: F/B/O First Citizens Bank 74-2094-01-4
  • For Further Credit: Chowan University-Gift Clearing a/c 42-0782-03-9

Mutual Funds

Special instructions are required. The donor's broker must contact First Citizens directly to obtain specific transfer instructions. Note: due to the complexity involved, these transfers can take upwards of 30 days to complete

Questions, issues, or additional instructions please contact:

R. Brandon Whitley, Institutional Advisor
Brandon.Whitley@firstcitizens.com or 919-716-2015
Or
Charlie Dickinson, Trust Specialist
Charlie.DickinsonJR@firstcitizens.com or919-716-2741

Direct mailing:
First Citizens Bank & Trust Co,
Attn: Brandon Whitley
4300 Six Forks Road - FCC61
Raleigh, NC 27609

It is important to notify Major Gifts and Planned Giving of the specifics of this transaction (stock name, share quantity, gift designation) so we can credit your gift appropriately. Please contact us at 252-398-1232 or tayloj1@chowan.edu.