Donations of stocks may be processed through the United Methodist Foundation, at no cost to the church, using the following procedure:
Go to umfnc.org/stock-gifts/
Complete and submit the “memorandum of intention” on that page, noting to which funds you wish to contribute. An automatic email will be sent to you with the account number and DTC. You then contact your broker with the account number and DTC to transfer the shares.
UMF will sell the shares upon receipt, issue a check to White Plains and issue you a tax deduction letter. When the stock proceeds check is received, your donation will be recorded on your member record as non-deductible since UMF will have given you the tax deduction. If you have any questions, please contact the church business office. Thank you.