Stock Transfers
As Christians, we understand that all we have belongs to God and should
be used to glorify Him. What isn't always clear is how we can best utilize
the resources God has entrusted to our care. Today, more and more people
are investing in the Kingdom of Christ with the gift of appreciated
securities through Global Partners.
Appreciated securities such as stocks or mutual funds provide financial
support for our ministry and a "double tax benefit" for you. You can
receive an income tax charitable deduction for a portion of the securities'
fair market value and avoid capital gain taxes. The following are ways to
make this happen. Before any transfer, we ask that you notify us by
phone at 800.707.7715 or e-mail at
globalpartners@wesleyan.org.
Stock Transfers to Global Partners
- Stock Held By Brokerage Firm
- Instruct brokerage firm to deliver stock through DTC system
to Merrill Lynch #5198, for credit to The Wesleyan Church
Corporation, account #655-07-N54
- Stock Certificate Held by Individual
- Sign stock certificate but do not fill out the back or assign
it to The Wesleyan Church Corporation (leave all blank except signature).
- Send to The Wesleyan Church by certified mail. Complete the
stock transfer form (Code 116 Rev. 9/76), sign and have notarized.
- Stock Certificate Has Already Been Assigned to The Wesleyan Church
- Donor should send the certificate to The Wesleyan Church
Corporation by certified mail.
- The Wesleyan Church will complete a stock power.
- The Wesleyan Church will complete a corporate resolution.
- The Wesleyan Church will deliver to Merrill Lynch.
- Transfer Of Mutual Funds To The Wesleyan Church
- If funds are being held by the mutual fund or a brokerage firm,
the Finance Office The Wesleyan Church will contact Merrill Lynch
when the donor is ready to make the transfer. The Wesleyan Church
will contact the mutual fund or brokerage firm and arrange an
electronic transfer of the funds directly into one of our Merrill
Lynch transfer accounts.