Giving Securities
There are significant tax benefits to giving a gift of stock to Luther Seminary.
In order to complete an electronic transfer of stock, instruct your broker to transfer the stock to Luther Seminary’s account at:
Charles Schwab & Co., Inc.
Attn: Transfer of Accounts
101 Montgomery Street
San Francisco, CA 94104
This type of electronic transfer is done via the Depository Trust Company (DTC) system. The transfer instructions are as follows:
DTC Number: 0164
Custodian Account Number: 5771-3659
When you transfer securities through the DTC system, please send an email copy of your instructions to John Kilbride, Director of Major and Planned Gifts, at jkilbride001@luthersem.edu or 651-523-1628 (or 888-358-8437). He will notify Charles Schwab of the pending transaction.
If you have questions, please contact John Kilbride at the contact information above.