Donating appreciated assets like stock can be much more tax efficient, allowing you to give more and have more impact.
How to donate stocks
There are 2 options for donating stocks:
- Supporting a nonprofit
- Funding your account balance
Supporting a nonprofit
If you're looking to support a single nonprofit or make a single donation, then you'll want to donate your stock directly in support of the nonprofit.
1. Visit Every.org and find the nonprofit that you'd like to support.
2. On the nonprofit's profile, click Donate at the top right.
3. Click Stocks.
4. Enter the ticker symbol and quantity of the stock that you'd like to donate.
NOTE: Please be sure that these are accurate and match your intended transfer so that when your gift arrives, we understand it is from you and for your chosen nonprofit. This ensures the most accurate and timely processing of your gift.
You can also choose your contact information sharing settings, comments, and notes here.
Click Next when you are done with this screen.
5. Choose if you'd like to make an optional additional donation supporting Every.org's operations. You will also see an overview of your gift confirming your intended donation.
If everything looks right, click Get instructions.
6. Send the provided instructions to your provider, and click I will notify my broker. These instructions will also be e-mailed to you.
Funding your account balance
While the donation process is mostly the same, funding your account balance is different because it allows you to make one large gift of stock that will fund your account so that you can make multiple smaller donations from your balance. If you are making multiple donations or supporting multiple nonprofits, we highly recommend this approach.
1. Login to Every.org and visit your Payments page.
2. Click Fund your account.
3. Follow the above donation flow steps for supporting a nonprofit.
How long does it take for a nonprofit to receive my gift of stocks?
If you've chosen to fund your account balance and then make gifts from your balance to support nonprofits, then the funds are immediately available for disbursement to the recipient. We will disburse to them on our regular disbursement schedule dependent on which disbursement method they have chosen.
If you've chosen to donate stocks directly in support of a nonprofit, we will monitor our brokerage for your gift and then liquidate and process it within 1 business day of receipt. Once the gift has been liquidated and processed, it is immediately available for disbursement to the recipient.