Transfer of Stocks

Gifts of stock to the Marriott School of Management at BYU are processed through the Church's Finance and Records Department. The method for making stock "gift" transfers to the Marriott School or the Church that has proven to be the most expedient has been the following:

  • The donor delivers a letter of instruction to his broker indicating the stock and number of shares that he desires to contribute.
  • The donor indicates the use, or multiple uses of the gift (i.e., tithing, Marriott School Center for Entrepreneurship, Microenterprise Conference, etc.). Should you have any questions relative to the gift designation, please contact Rons Seamons, (801) 422-3801.
  • Donors' stock broker is instructed to contact Brent Palmer at the Church Finance and Records Department (800) 453-3860 extension 23828 and request the Church account number (i.e., if your account is with Merrill Lynch, Brent will gave your broker the Church's Merrill Lynch account number.) (Note: The Church has accounts with nearly all brokerage companies.)
  • Your broker should be instructed to forward on the FAX letter of instruction to Brent Palmer. This will enable Brent to direct your contribution to the appropriate entities.
  • As a further assurance that your broker will act upon your request promptly, notify him that you are sending a copy of the brokers instructions to Brent. Brent's FAX number is (800) 453-3860 extension 21217.
  • The next step is for the donors' broker to electronically transfer stock(s) to the Church's brokerage account.
  • The preceding steps can all be accomplished in a matter of a few hours, thus expediting your transfer and contribution.
  • To enable the Marriott School to follow up on the transfer of your contribution from the Church to BYU/Marriott School, please send a copy of your letter of instruction by FAX to Ron Seamons, Assistant Dean. The FAX number for the Dean's Office is (801) 422-0499.
  • If there are any questions or concerns, Ron Seamons will be happy to provide assistance. Ron's telephone number is (801) 422-3801.