Many choose to contribute to the Cleveland Institute of Music by transferring appreciated stock. By transferring stock to the Institute, you may be able to claim a federal income tax deduction for the full fair market value of the stock on the effective date of your gift.

To make a direct transfer from your broker to CIM’s broker, US Bank, please follow these steps:

  • Notify Daniel Hout-Reilly of your gift by calling 216.795.3110, or by email to daniel.hout-reilly@cim.edu.
  • Provide the following information to your broker in order to transfer the stock to US Bank:
    • DTC#: 2803
    • Account name: Cleveland Institute of Music (Gift)
    • Account number: 001050978328
    • Agent Bank & Institutional ID: 26645
  • Your broker will also require a letter of authorization.
  • Your gift will be valued the day your stock is received.

If you prefer to make a direct contribution of cash, visit cim.edu/donatenow.