HOW IT WORKS
It’s simple: choose the stock option in the form, provide your stock amount, broker details, and personal information. Once submitted, our trusted partners at Renaissance Charitable Foundation (Ren) will initiate a transfer request to your brokerage on your behalf. Upon receiving, Ren will automatically convert the stock to cash and will handle all tax receipts with you directly. You will receive a confirmation email once successfully processed.
THE BASICS
When you make a stock donation, you are essentially transferring ownership of the securities to the charity of your choice. This can include publicly traded stocks, mutual funds, bonds, and other marketable securities. One of the primary incentives for stock donations is the potential for significant tax benefits. Donors may be eligible for a tax deduction based on the fair market value of the securities at the time of the donation.