Donating through appreciated stocks, bonds or mutual funds is quick and simple. 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 Dan Sassenberg, Director of Advancement Services, 651-641-3530, who will notify Charles Schwab of the pending transaction.
If you have questions, please contact Dan Sassenberg at firstname.lastname@example.org or call 651-641-3530 or toll-free 888-358-8437.