A donor’s donation is based on the average value of the shares on the day the stock was transferred. This value is an “accounting” number that the IRS uses to determine the value of the donation to the donor. However, that accounting number has no significance to the actual money an organization will receive from the sale of the stocks.
When stocks are transferred to your organization, we will liquidate the shares soon after receiving them. Due to standard market volatility, we have no control over whether the donation is sold above or below the average value on the day of the transfer.
There are times where the cash value an organization will receive is way more than the average value at time of receipt some times the opposite happens as well.
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