If your broker or banker holds your securities, choose one of these two ways to transfer the stock.
Electronic (DTC) Transfer
Ask your financial representative to transfer the stock via DTC. This is a quick and efficient form of transfer:
- Send DTC to: Merrill Lynch DTC #8862
- Account Name: University of Dayton
- Account No.: 5SE-04859
Your representative can phone UD's Merrill Lynch contact in Dayton at 937-847-4052. You will also need to inform Sundi Pauling at UD (937-229-3217 or spauling1@udayton.edu) before this transfer is made so that your gift can be identified and properly acknowledged. The “date of the gift” will be the date that the stock is received in UD's account at Merrill Lynch.
Transfer to a UD Account at Your Brokerage
If your financial representative has an existing account for UD, instruct them to transfer the shares of stock you plan to give to that account. Ask your representative to phone Sundi Paulding of UD's Advancement (937-229-3217) before this transfer is made so we can properly acknowledge your gift and can provide instructions for disposition of the stock. The “date of the gift” will be the date that the stock is received in UD's account at Merrill Lynch.
According to IRS rules, stock gifts are valued by taking an average of the high and low market price on the day the stock gift is officially completed.
*An authorized officer of a bank or other financial institution may guarantee the signature. Please be advised that a Notary Public is NOT an acceptable guarantor.