Individual donors log on to www.stockdonator.com and enter the following information:
- The specific stock and number of shares.
- The receiving organization.
- Their brokerage information.
Stock Donator receives the stock donations from the Donor’s Brokerage Firm.
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 immediately or transfer the stock.
To complete the process, Stock Donator provides the Donor with the transaction receipts needed to claim the tax deduction for the stock donations.