Stock Donations

Quiet Givers is able to accept gifts of stock. Gifts of appreciated stock offer several benefits, including capital gains taxes and the donor receives a tax deduction on the asset’s appreciated value at the end of the year. 

See below for details and please reach out to give@quietgivers.org so that we can coordinate the receipt of securities. 

DTC #0725

FAO: Quiet Givers, Inc, 3840U951

Stock Donation Policy

1. Purpose

This policy establishes the guidelines and procedures for the acceptance, valuation, and liquidation of all gifts of marketable securities contributed to Quiet Givers, Inc.

2. Accepted Securities

  • Default Acceptance: Quiet Givers automatically accepts publicly traded stocks, exchange-traded funds (ETFs), and mutual funds.
  • Case-by-Case Review: Restricted stock, privately held company shares, and thinly traded securities are not accepted by default. These require a case-by-case evaluation by the Executive Director in consultation with the Board and Stock Brokerage before acceptance. Quiet Givers reserves the right to obtain legal, accounting, or valuation advice prior to accepting any non-publicly traded securities, with any associated costs potentially borne by the donor. Quiet Givers may require donors of non-publicly traded securities to provide representations, warranties, and indemnification agreements as a condition of acceptance.

No officer, director, employee, or volunteer of Quiet Givers shall receive any personal benefit from the acceptance, retention, or liquidation of donated securities.

3. Liquidation Timing

All accepted publicly traded securities will be liquidated within three (3) business days of receipt at prevailing market prices, except in the case of complicated transactions requiring additional processing time. Quiet Givers maintains a strict policy of near-immediate liquidation and does not attempt to time the market for investment gains. Acceptance of securities is conditioned upon Quiet Givers retaining sole discretion regarding the timing and manner of liquidation, unless otherwise approved in writing by the Board of Directors.

4. Valuation Method

For internal acknowledgment and tax receipt purposes, the gift is recorded at its fair market value on the date the transfer is completed. For purposes of acceptance and valuation, the date of receipt shall be the date the securities are transferred into and under the control of Quiet Givers' brokerage account.

Valuation Formula: The fair market value is defined as the mean (average) of the high and low trading prices of the security on the date of the transfer.

5. Acceptance Authority

  • Standard Gifts: The Executive Director is authorized to accept any publicly traded gift that complies with the standard criteria of this policy.
  • Specialized Gifts: Any security requiring a case-by-case review requires the joint approval of both the Executive Director and the Board.

The Board of Directors retains ultimate authority over gift acceptance policies and may review or override any acceptance decision when deemed necessary to protect the interests of the organization.

6. Acknowledgment

Donors are encouraged to notify Quiet Givers in advance of any stock transfer so that the organization can properly identify and acknowledge the gift upon receipt.

Quiet Givers will issue a formal acknowledgment to the donor within 48 hours of confirmed receipt of the securities into the organization's brokerage account.

Quiet Givers will provide a written acknowledgment of the gift as required by IRS regulations. The acknowledgment will describe the securities received and the date of receipt but will not assign a value to the donated securities. Donors are responsible for obtaining their own tax, legal, and financial advice regarding charitable deductions and valuation requirements.

7. Recordkeeping

To ensure compliance and accurate financial reporting, the following tracking measures are required:

  • Gifts are recorded in the donor database for stewardship and history.
  • The liquidation is recorded in the accounting system.
  • The transaction and liquidation documents from the broker are retained for a minimum of seven (7) years. 

8. Refusal of Gifts

Quiet Givers reserves the right to decline any gift of securities that would create an undue administrative or financial burden, conflict with the organization’s core mission, or expose the nonprofit to legal, financial, or reputational risk.

 

This policy shall be reviewed by the Board of Directors at least every three years and updated as necessary to reflect changes in applicable law, IRS guidance, and organizational practices.

 

 

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