Many larger non profit organization have been accepting stock donations for many years. Nancy Munger donated 25 shares of Berkshire Hathaway stock to the Henry E. Huntington Library and Art Gallery. The dollar value of the donation is close to $3 million. (see article). Warren Buffett also chooses stock donations as his favorite method of donation and recently donated $42 Million to charities via stock donations.
But what about the smaller organizations? They don’t have the necessary infrastructure to be able to accept stock donations. Until now. Stock Donator levels the playing field. Now smaller non-profits can accept stock donations online without having to worry about the process involved in opening a brokerage account, checking the brokerage account, account maintenance fees, and worrying about donation receipts. A stock donation can be processed by Stock Donator and the organization receives one check.
