FORT WASHINGTON, PA — DonorPerfect announced it has partnered with DonateStock to help thousands of nonprofits access and grow charitable stock gifting programs. The companies are working together to offer DonateStock’s platform as an integrated extension of DonorPerfect’s fundraising software platform.
Stock gifting represents a larger pool of assets and a smarter, tax-advantaged way for donors to support nonprofits. By making a pre-tax stock gift, a donor may avoid the capital gains tax while also deducting the market value of the gifted stock. Until now, less than one percent of nonprofits could accept stock gifts. DonateStock is closing that gap by enabling all nonprofits to solicit and receive gifts of appreciated stock – no brokerage required.
DonorPerfect’s fundraising software and growth platform enables nonprofits to raise more money and cultivate donor relationships by effectively automating administrative tasks and organizing constituent data. DonorPerfect customers can now incorporate stock gifting data in their DonorPerfect CRM through an API connection.
Through this collaboration, nonprofits can offer donors a smarter, tax-advantaged way to support causes they care about through stock gifting. DonateStock also simplifies the process of processing, reconciling and acknowledging stock gifts, enabling 50,000 fundraising professionals to offer donors new ways to give while avoiding the hassle typically associated with stock gifts.
“This partnership is a perfect example of how we can help nonprofits diversify and grow development programs as an extension of their trusted fundraising platform,” said Steve Latham, CEO of DonateStock. We look forward to helping nonprofits large and small enable donors to make tax-advantaged stock gifts with ease.”
“This API functionality will allow DonorPerfect nonprofits to expand giving opportunities. By improving business process efficiency, they earn back time that can be spent on community impact,” said Darryl Moser, Business Development Manager of DonorPerfect. “This partnership is consistent with our mission and company core values; we are thrilled to offer this to the customers we serve.”
For more information visit https://www.donorperfect.com/integrations/payment-processing/donatestock.
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