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 email a copy of your instructions to Tom Jolivette, Vice President of Seminary Relations. He will notify Charles Schwab of the pending transaction.
If you have questions, please contact Tom Jolivette at email@example.com or call 651-641-3528 or toll-free 888-358-8437.