Stock/Property Gifts

Some donors, in an effort to optimize their tax benefits — give stock or property instead of cash gifts. They can be contributions of stock certificates, land, or estates, which your organization may choose to keep or sell.

On the gift record, you can view details such as when you received the stock or property and when your organization sold it, under Stock/property.

When your organization receives a stock or property gift, you can add it in the web view, from:

  • Home, Add gift

  • Fundraising, Gift management

  • A constituent's record

The details you can include are issuer, symbol, number of units, and average price per unit. For more information, see Add gift.

From the gift record, under Stock/property, select Edit Stock Details. You can make changes to the issuer, symbol, number of units, and average price per unit.

Tip: In the database view, you can manage sale information, GL post status and date, and notes from the Gifts tab of the gift. When you sell the gift, select Gift, Sell Stock/Property to manage the sale information.

After you sell the gift, in the Stock sale amount field, you can view how much you sold it for.

After you sell the gift, in the Broker fee field, you can view how much you paid a broker or agent to help sell the stocks or property.

After you sell the gift, you can view how much you gain — or lose, if you sell it for less than it was worth when you received it — after the broker fee is subtracted from the sale amount.

After you sell the gift, in the Stock sale date field, you can view when you sold it.

After you sell the gift, in the GL post status and GL post date fields, you can view whether (and when) you posted the sale to your fund accounting software.

After you sell the gift, in the Notes field, you can view additional details — such as if you only sell a portion of property — about the sale.

In the Issuer field, you can view the company who issued the stocks or the donor who gave the property.

In the Symbol field, you can view the abbreviated market identifier – such as BLKB – for stocks.

In the Number of units field, you can view how many stocks or pieces of property you received.

In the Average price per unit field, you can view how much, on average, a single stock or the property is worth when you receive the gift.