Donors no longer have to go to their brokerage firm and work through several manual steps. That URL leads donors to start making a stock gift, and Overflow works with them the rest of the way to make it as simple as possible for your donors. The versatility of stock donations to nonprofits assets = liabilities + equity is attractive to long-term investors and entrepreneurs. Cash assets are not as easy to part with, so a stock gift is the next best thing, not to mention much more impactful. You can donate EFTs, long-term stocks, and other securities in a safe and secure platform at Stock Donator.

PNC Financial Services

• When handled properly, private share donations can unlock significant opportunities for nonprofits.
• Fill out a short, quick form giving basic information about your charity.
• Thus, they can receive a tax write-off at the market value of the stock upon donation—regardless of what they bought the stock for.
• Anonymous gifts mean that you can’t thank stock donors or actively build relationships with them, greatly complicating follow-up and stewardship.
• This information is general in nature and is not intended to serve as the primary or sole basis for investment or tax-planning decisions.
• With this link, donors can quickly gift their appreciated stocks to you.

Whether your reason for giving is due to a desire to do good, improve your social status, or just because you can, the result is always positive. The nonprofit organization that receives your stock donation will benefit economically and subjectively. Leveraging the tax-effective tactics will allow you to give more through a stock gift than you otherwise could by donating cash. Capital gains tax is something every smart investor is looking to reduce or avoid. At the very least, you do not want your portfolio to have such high capital gains that you lose what could have been gained if the securities had been handled differently.

PODCAST Unlocking Fundraising Success: Data, Strategy, and Storytelling for Nonprofits – George Wiener

We can even immediately liquidate received stock gifts for you, ensuring your nonprofit can put them to work for your mission as quickly as possible without waiting on a middleman brokerage. ‍No matter your reasons, you’ve decided your nonprofit needs to begin accepting stock donations. Maybe a donor has suggested giving a gift of stock, or you’ve found the perfect solicitation opportunity and want to move fast. Perhaps you’ve just heard that stock fundraising is a savvy strategic choice for nonprofits today (with over $40.7 billion in stocks donated between 2018 and 2021). In this guide, we’ll cover how to accept stock donations without causing your nonprofit financial or emotional stress plus the top three ways it can benefit your nonprofit.

Fundraising Automation

You may already know that their Food Truck Accounting employer offers a matching gift program, and you’re looking to determine whether the stock gift is eligible for a match as well. Or, perhaps you’re unaware of whether the employing company matches any sort of employee donations to begin with. In either case, the answer should be located within the corporation’s matching gift program guidelines. In addition to accepting crypto and stock donations, Donorbox’s top-of-the-line giving forms are built with your organization and donors in mind. These online forms and donation pages are fully customizable and include options such as recurring giving, designated funds, tribute gifts, and more.

• For donors, such gifts often come with significant tax benefits, including deductions based on the fair market value of the shares and the avoidance of capital gains taxes.
• Indianapolis-based pharmaceutical company Eli Lilly invites its current full-time, part-time, and retired employees to get involved with its philanthropic efforts!
• As a result, accepting stock donations was a time- and resource-consumptive task for nonprofits and donors alike, eluding all but the largest nonprofits.
• Some tax-exempt entities choose to hold onto donated stock, however this exposes the organization to market risk.
• There’s no one-size-fits-all answer when it comes to nonprofit stock donations and matching gifts.
• The tax benefits of stock gifts for donors can also make them easy pitches that are sure to catch attention.

Why receive stock share gifts vs charity cash?

There are no login or passwords required and we take zero transaction fees so the full gift goes to you. Once a donor fills this out, they’ll click submit, and in a matter of days the donated stock will be liquidated and deposited as cash into your bank account. Today, however, accepting stocks from donors doesn’t have to be a burden to your organization.

Plus, they’ll give you general guidance on nonprofit investing best practices, in case you decide to reinvest any of your stock donations. Through Donatestock Charitable, we can convert donated stock to cash and send you the proceeds. Appreciated stock represents $100 billion in potential funding – it’s time to unlock it for all nonprofits.

Donors Donate Stock to Your Nonprofit

As a result, accepting stock donations was a time- and resource-consumptive task for nonprofits and donors alike, eluding all but the largest nonprofits. There how to accept stock donations is nothing quite as infuriating as donating to a charity that turns out to besmirch nonprofit organizations’ reputation. That is why we partner with reliable, well-known, and regularly monitored 501(c)(3) organizations. Be sure to check your chosen nonprofit’s mission, specific programs, and financial records before deciding which organization to support. Further, it is good to find a reliable donation platform that can demonstrate excellence through public reviews. To donate stock to charity, you’ll first want to find whether the receiving charity has a brokerage account that can accept gifted stock.