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Alumni Association

Alum Success

"I chose to transfer to Lake Superior State University because of the personal attention I would receive. I did not want to attend a large university where I would be a number lost in the masses. The well-rounded curriculum allowed me to obtain my position at John Deere. Having a good balance of theory and hands-on knowledge is critical for my position and Lake State gave me a good foundation in these skills."

Maria DiValentin, Mechanical Engineering 2001
Field Service Representative,
John Deere Power Systems
Waterloo, IA

LSSU Foundation

Giving Securities

A unique way to give to Lake Superior State University is through the transfer of appreciated stocks and securities. Whether in a “bull” or a “bear” market, stocks are a good way of giving.

If you have held the stock for just 12 months, giving stock will provide you with:

A charitable deduction at the full fair market value of the stock regardless of what price which you purchased it at.
An elimination of any capital gain tax related to the sale for this tax is waved.

In order to take full advantage of the tax benefits it is best to give stock that has increased in value from your original purchase price to get the full tax advantage. If your stock is less than your original purchase price, it is better to sell the stock yourself, claim the loss, and give the proceeds to LSSU.

How do you give stock and securities? Tell your broker to contact our broker.

Our current broker information:
Bill McLeod
Edward Jones & Company
939 East Portage Avenue
Sault Ste. Marie, MI 49783
906-632-4985 (office)
877-222-4065 (fax)

The DTC number is: 0057
Our account number is: 498-03736-1-9
Our tax identification number is: 38-2576021

Here is a sample of a stock transfer letter: click here

It is very important that you contact the LSSU Foundation to notify us of your stock transfer so that we can give you proper and timely acknowledement of your gift.

Note: It is the policy of the LSSU Foundation to sell stock upon receipt.

Future News Reporter

Jade Olds

I came to LSSU as a liberal arts major. I was planning to switch my major to marketing, and then I took Communication 101. I loved the subject matter and the professor was extremely knowledgeable and inspiring. I reviewed the communication courses and requirements and decided that it was definitely the major for me. I was still interested in marketing so I decided to make it my minor. [ more ]