Stock Donator provides Non-Profit Organizations a web-enabled channel to receive stock donations. Donors can initiate a donation either from stockdonator.com or from a link on your website. We’ll pick up the donation and let you know when the donation has been received and disbursed per your instructions.
Why does my organization need to accept stock donations?
Stock donations are a large source of revenue for non-profit organizations, In 2009, charitable organizations raised approximately $300 billion dollars in cash and non-cash donations combined.Cash donations account for approximately $250 billion dollars; non-cash donations accounted for the remaining $50 billion.Corporate stock represents the largest category of non-cash donations reaching approximately $24 billion in 2007.By not accepting stock donations, your organization could be missing out on a huge category of donations.
What benefits are there to donors in donating stock?
Corporate stock donations have significant taxA benefits to the donor.A donor may deduct the market value of the charitable donation from his taxes, and the donor need not pay any capital gains taxes on any appreciation of such donated corporate stock.