APPRECIATED SECURITIES MAKE A GREAT GIFT TO YOUR CHURCH
Many of our members have found that giving appreciated stock to the church makes very good sense. Please ask your financial advisor if this is a viable option for you.
We need your help when you give securities to the church. First and foremost, please notify the office personally (by phone, letter or email) when you transfer stock to the church. Do not rely on your broker to do so. In some recent cases, we were not aware of stock transfers for an extended period of time, resulting in stocks not being sold in a timely manner, or in proceeds not being credited to the correct donor. Myers Park UMC's Finance Committee policy is that all gifted securities will be sold immediately and the proceeds promptly deposited into the church bank account.
A reminder: you can accelerate your tax deduction and, at the same time, help your church significantly by giving stock before year-end in payment of your pledge for next year. The church will earn interest on the deposited funds and will be able to use your contribution for next year's operating expenses. You, of course, get to take credit for the gift against any tax liability for this year.
To give stock to Myers Park United Methodist Church:
1. Notify your broker to transfer X number of shares of stock to Myers Park United Methodist Church's account at Wachovia Securities.
2. Call the church business office and notify Linda Edwardsen that the gift is coming, the number of shares of stock and the company, the date the transfer will be made to the church, and to what specific pledge(s) or purpose(s) you want the gift credited.
It is that simple. It works. We invite you to try it. Tell your friends!
Myers Park UMC primarily uses Wachovia Securities as our brokerage firm gifts to the church.
Below is the contact for Wachovia Securities:
John Granzow (john.granzow@wachoviasec.com) - 704-442-6306
Phyllis Smith (Phyllis.smith@wachoviasec.com) - 704-442-6308
Fax - 704-365-0261
MPUMC Account # 6532-9408
DTC# 0141
