rongsheng gifts in stock

Thank you for considering a gift of stock to the University of Georgia. At the time of transfer, please contact UGA Foundation Gift Accounting at gifts@uga.edu with the donor’s name, name of the stock, number of shares, and benefitting fund. Providing this important information will ensure donors are appropriately receipted and the proper UGAF funds are credited.

Each year, many donors choose to make gifts for the benefit of James Madison University using appreciated stock or mutual funds that have been held for more than one year.  Such gifts often offer donors greater tax advantages than gifts of cash or other resources.  A donation of securities allows you to reduce or possibly eliminate the federal capital gains tax on the transfer and may allow you an income tax charitable deduction.

RONGSHENG PETROCHEMICAL CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of chemicals and chemical fibers. The Company’s main products include aromatics, phosphotungstic acid (PTA), polyethylene terephthalate (PET) chips, terylene pre-oriented yarns (POYs), terylene fully drawn yarns (FDYs) and terylene draw textured yarns (DTYs), among others. The Company distributes its products in domestic market and to overseas markets.

NOTE: Due to the Patriot Act, the donor names does not always convey with the transfer. We also ask that you contact Gift Administration either by email at gifts@wm.edu or by calling (757) 221-1001 to let us know that the gift is in process. Shares are often transferred into our account without information, including the donor"s name. Your phone call will allow us to match up your name with the correct stock gift.

Gifts of marketable stocks or securities shares that have appreciated can have an immediate impact on a college or program at WSU while creating a favorable income tax deduction for you based on the assets’ current value. Please contact the WSU Foundation at 509-335-1686 if you have any questions about making a gift of stock or securities to support Washington State University.

The following information applies to outright gifts only. Gifts of stock for the establishment of a deferred gift are subject to approval by the Gift Acceptance/Trust and Real Estate Management Committee.