2020 is the year to ask your donors for gifts of stock!

Share on facebook
Share on google
Share on twitter
Share on linkedin

Table of Contents

2020 is the year to ask your donors for gifts of stock!

Your donors deduct the full value of the stocks donated while avoiding any capital gains taxes. Gifts of stock are significantly larger than cash gifts, even from the same donor.

WHY TO ASK YOUR DONORS FOR GIFTS OF STOCK:

  • Stock gifts can be up to 10 times larger than cash gifts from the SAME donor!
  • The stock market gains in 2020 alone equal 25% of US GDP— that’s a lot of money and a lot of tax consequences!
  • Stock gifts are fully tax deductible at the value they are the day they are given.
  • Donors can deduct the full value of their stock AND avoid capital gains.
  • Most donors make donations of appreciated assets during the last week of December— even the last day!

HOW TO ASK YOUR DONORS FOR GIFTS OF STOCK:

  • Be direct!  Ask them specifically for a gift of stock.
  • Segment donors who already gave gifts of stock in the past and ask them to do so again.
  • Make it easy.  
    • Provide a widget, 
    • provide your stock account information, 
    • provide a contact person within your organization.
  • Ask by email
  • Ask by mail— just make sure to get the mail out asap, because the donors have to give before Dec 31 to get their 2020 deduction.
  • Add the stock giving widget and account information to your donation page.
  • Create a pop-up on your website
  • Add it to your social media advertising
  • Promote a stock giving specific matching gift from a generous donor. 

The bottom line: it’s never too late to jump into end-of-year fundraising. Don’t miss out on this opportunity by thinking you have to wait for the perfect strategy, branding, or content to reach out to your supporters. People want to give generously at this time of year.

Looking for support? Please reach out to Sally Frank, at sally@faircomny.com.

About the author
Sally Frank
Senior Vice-President, Social Media and Digital

Sally has over 20 years experience in direct marketing, having worked in both the for-profit and non-profit sectors. From using data driven techniques to solicit small business card members for American Express, to targeting investors for Goldman Sachs’ start up, GS.com, Sally brings a diverse background to Faircom New York. She works with the Cousteau Society, the Nelson Mandela Foundation, Human Rights Watch, USCJ, and TechnoServe among others.

Sally has a B.A. from Brown University and an M.B.A./M.A. from NYU’s Stern School of Business and Institute of French Studies, including studies at Hautes Études Commerciales in France. Outside of work, Sally likes to cook and run (not usually at the same time, but with four kids, the two activities sometimes overlap), and she plays flute in the Riverwinds Woodwind Quintet that she founded in 2010.