[grc] Donations of stocks and bonds?

[Mathilde Rand]

Danny,

We had stocks donated to us. First we set up an account with Vanguard (takes a while). Then the donor send the stocks to them. Vanguard sold them and deposited the money into our account/bank account.

Mathilde Rand
Treasurer KSQD

> On Feb 15, 2022, at 3:51 PM, Danny via grc <grc at maillist.peak.org> wrote:
> 
> We have a potential donor who wants to transfer stocks and bonds to us,
> though we don't yet know the fair market value.
> 
> It appears we generally need to set up a brokerage account to facilitate
> this sort of transaction but then I also found this online:
> https://stockdonator.com
> 
> I'd be surprised if this becomes a regular thing for us, but who knows?
> And does anyone here have experience with this StockDonator option?  Online
> it looks really good, but the devil is always in the details, right?
> 
> Thanks in advance,
> Danny
> WSPJ-LP Syracuse NY
> Spark!  103.3 + 93.7 FM
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