Support Voices for Children through Stock Donator, whose mission is to make accepting stock donations a possibility for every non-profit. Stock Donor makes donating stock easy!
Step 1: Individual donors log on to stockdonator.com and enter the following information:
The specific stock and number of shares.
The receiving organization.
Their brokerage information.
Step 2: Stock Donator generates the required forms and initiates the stock transfer request.
Step 3 (Optional): For brokerage firms that use Medallion Signatures (MS), the donor must obtain a medallion signature on the stock transfer forms.
Step 4: Stock Donator receives the stock donations from the donor’s brokerage firm.
Step 5: Stock Donator provides the stock proceeds, net of any fees and service charges, to the receiving organization, based on the organization’s preference to either liquidate the stock immediately or transfer the stock.
Step 6: Stock Donator provides the donor with transaction receipts needed to claim the tax deduction for the stock donations.
