Donate STOCK to Friends of Sax-Zim Bog here:
Clicking on the link above will walk you through donating stock to Friends of Sax-Zim Bog via stockdonator.com;
In case you want to know the steps you will take with stockdonator.com we’ve condensed the process they use below:
STEP 1
You log on to www.stockdonator.com and enter the information required to donate your stock including:
- The specific stock and number or shares.
- Selecting Friends of Sax-Zim Bog (FOSZB) the receiving organization.
- Identifying personal and brokerage information.
STEP 2
StockDonator.com collects all entered information and generates the required forms to send onto the your Brokerage Firm
STEP 3
As certain Brokerage Firms use Medallion Signatures (MS) as an additional means to validate the donation request, the next step is dependent upon the Brokerage Firm’s MS requirement:
- For those Brokerage Firms not requiring a MS, StockDonator.com electronically transfers the request directly to the Brokerage Firm.
- For those brokerages requiring a MS, StockDonator.com provides the forms to the Donor, who in turn must (1) go to a financial institution, (2) receive a MS, and then (3) send the completed form to the Brokerage Firm.
STEP 4
StockDonator.com receives the stock donations from the Donor’s Brokerage Firm.
STEP 5
StockDonator.com provides the stock proceeds from sale of the stock (net of any fees and service charges (only $10 or 1.9% whichever is higher) to Friends of Sax-Zim Bog.
STEP 6
To complete the process, Stock Donator provides you, the Donor, with the transaction receipts needed to claim the tax deduction on your taxes for the stock donations.