INSTRUCTIONS FOR TRANSFER OF STOCKS OR BONDS

FROM A BROKERAGE ACCOUNT
TO WAKE FOREST UNITED METHODIST CHURCH

 

  • Donor instructs their broker to transfer the stocks or bonds to the following brokerage account with Charles Schwab & Co. Inc., Schwab One®

    • Account 9778-3835 (Telephone 1-800-435-4000).

  • Donor notifies WFUMC of the pending transfer by sending an email to finance@wakeforestumc.org or calling Lisa Flint-Morris at 919-556-2239.  Include the name and affiliation of your broker, a description of the stock (number of shares and approximate value), and any applicable restrictions (i.e. general fund, building fund, etc).

  • The value of the stocks or bonds at the time of transfer can be obtained from the donor’s broker.

  • A letter acknowledging the gift will be provided to the donor by WFUMC within 30 days of the stock transfer.

  • Donor is hereby advised to retain documentation related to gift transactions and review tax implications with a qualified advisor.