The standard practice, as confirmed by the IRS, is to take the average on
the trading day before and after and average those two.
Of course, this is for your own INTERNAL purposes.
John
John H. Taylor
Principal, John H. Taylor Consulting
2604 Sevier St.
Durham, NC 27705
johntaylorconsulting@gmail.com
919.816.5903 (cell/text)
Serving the Advancement Community Since 1987
On Fri, Feb 8, 2019 at 10:15 AM Halverson, Michael <
mhalverson@luc.edu>
wrote:
> Good morning, all –
>
>
>
> May I ask how your institutions value a gift of publicly-traded stock when
> it arrives on a date when trading did not take place? Do you use the
> high/low data for the most recent date on which that stock was traded? And
> does anyone know if the IRS offers specific advice to donors on how to make
> this valuation on their end?
>
>
>
> Many thanks,
>
>
>
> *Michael Halverson, **Ed.D.*
> Senior Director of Advancement Services
> Loyola University Chicago
> T. *312-915-7283 *| C. 320-363-4987
>
mhalverson@luc.edu |
www.luc.edu/advancement
>
>
>