Dedicated Alum Uses Stock For Donation to BVU

Joseph Wittrock ’00 is supporting his alma mater with a gift of stock.

Buena Vista University alumnus and president's advisory council member Joseph Wittock '00 feels that supporting his alma mater through a donation of stock is a tax-efficient way to donate.

“It’s an easy equation. It is a win-win situation for the University and me,” says Joseph. “From a tax perspective, I can deduct the market value of the stock I am donating. If I have an investment where my return is 100 percent, I could sell that asset, but I would have to pay taxes on the return. If I donate the stock to BVU, the University will get the full amount of the stock as a donation, I do not have to pay taxes on the gain on the stock, and I get to count the full amount as a donation. In my eyes, it is like giving an extra gift.

“Donating stocks is just one way I choose to give back,” Joseph continues. “BVU offers varied ways to be involved with the University. When I was asked to be on the President’s Advisory Council, it made sense to me as a great way to contribute to the place where the foundation to my career was launched. BVU is where it all started for me.”

Lend Your Support For BVU's Future

If you would like more information about making a gift to BVU using stock, please contact Matt Astleford ’02, MBA, CFRE at 712.749.2648 or support@bvu.edu.