While we are not financial or tax advisors, this charitable giving strategy offers several benefits, including:

• Avoiding capital gains tax: By donating stock directly to charity, you can avoid the capital gains tax that would be triggered if you sold the stock first.
• Full fair market value deduction: You receive a tax deduction for the full fair market value of the stock at the time of donation, not just your original cost basis.
• Portfolio rebalancing opportunity: Donating appreciated stock allows you to rebalance your portfolio without tax consequences.
• Preservation of cash: By donating stock instead of cash, you preserve your liquid assets for other needs or investments.

DonateStock is a social impact venture that is transforming charitable giving by making stock gifts easy and accessible to millions of non-profits and donors. DonateStock streamlines the stock giving process to help donors save on taxes while helping non-profits like Friends of SDPB tap into new sources of funding.

DonateStock manages the process of selling the stock, reconciling the gift, and transferring the cash to Friends of SDPB’s account. This is done by DonateStock Charitable, a 501(c)3 created to facilitate stock gifts for non-profits like Friends of SDPB.

There is no catch. For decades the IRS has allowed individuals to deduct the full value of their donation, whether it was cash or stock. But if you donate appreciated stock, you can avoid paying capital gains tax on the gifted securities. Furthermore, you can deduct the entire value of the donated stock for tax purposes. While the process used to be painstaking for the donor, DonateStock makes it fast, safe, and free to donate stock in minutes.

It takes less than 10 minutes to register and execute your first stock gift with DonateStock. Once registered, it only takes a couple minutes to initiate subsequent stock gifts. Once submitted, it generally takes 2-5 business days for the shares to be transferred from your account to our account (via DTC transfer). This is highly dependent on how long it takes your brokerage to initiate the transfer. Distribution payments to Friends of SDPB take place on the 1st and 15th of each month. You may track the status of your donation in your donor portal.

Yes! You will receive a receipt from DonateStock Charitable for the value of your stock gift. Receipts can also be downloaded from your donor portal after the transaction is completed and the proceeds have been distributed to Friends of SDPB.

You will be notified via email when the donation has been received. You can also view the status of your stock donations in your donor portal at this link.

There is no limit on charitable stock gifts, but the IRS limits the amount you may deduct for non-cash gifts at 30% of your Adjusted Gross Income. Again, please chat with your financial advisor for details.

Yes! We can process donations from most mutual funds and ETFs as well.

Yes! If you do not want to be publicly listed as a donor – but still known to Friends of SDPB so we can say thank you! – you may check “do not publish my name” when initiating your gift.

You can login at donatestock.com/user/login.

After logging in, select “My Donations” from the drop-down menu in the upper right corner of your screen.

Yes! There is a streamlined process to provide financial advisors with the information they need to initiate a gift on your behalf. Simply direct them to our DonateStock profile page and ask them to select: Financial advisors: request DTC transfer instructions. That link can also be found at the top of this page under the blue DonateStock button.