Gifts of Stock

The college asks that you instruct your broker to transfer the gifted securities to:

Merrill Lynch
For Credit To: DTC# 5198 Deliver Free
Birmingham-Southern College
Custody Account #435-07494
Contact Brad Osborne/Neal Carroll
205-298-7403 or 800-937-0288
FAX 205-453-1696

Tip: You and/or your broker should take care to inform the college that a stock transfer is imminent to ensure that the transaction is completed in a timely way. We need notification of the names of the stocks or securities and the number of shares that you are giving so that we are prepared to receive and acknowledge your gift. Additional time will be necessary when transferring mutual fund shares or non-publicly traded securities.

BSC prefers to have a letter of intent from each donor which expresses your wishes to make an immediate and irrevocable gift of stock to the college.

Sample Letter of Intent:

Date

Martha H. Boshers
Director of Gift Planning and Policy
Birmingham-Southern College
Box 549003
Birmingham, AL 35254

Per instructions to my broker (insert broker name) with (insert firm name) on (insert date), (insert number) shares of (insert name of stock) were transferred to the BSC custody account number 435-07494 at Merrill Lynch.

The approximate value of this gift is $ (insert approximate value of the stock). This gift is to be designated for (insert particular fund or specify for unrestricted use).

Signature