[grc] Donations of stocks and bonds?

[Tracy Rosenberg]

Hi Danny,

I used Stock Donator for a stock donation. Worked very well and was happy
with their service. I would use them again. It is much easier than
establishing a brokerage account if you don't regularly process
large quantities of stock gifts.

- Tracy Rosenberg
Media Alliance

On Tue, Feb 15, 2022 at 4:02 PM Mathilde Rand via grc <grc at maillist.peak.org>
wrote:

> 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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>
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>


-- 
Tracy Rosenberg
Executive Director
Media Alliance
2830 20th Street Suite 201
San Francisco, CA 94110
https://media-alliance.org <http://www.media-alliance.org>
Email: tracy at media-alliance.org
415-746-9475 (office)
510-684-6853 (cell)
Encrypted email at tracy.rosenberg at protonmail.com
Text via Signal
Pronouns: She/Her/Hers

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