The Reckoning

Do you hear the sound of engines revving in the distance? That’s the sound of hundreds – thousands – of development shops gearing up as the pandemic wanes. Fundraisers hitting the road. In-person visits. Special events being scheduled. In a few months that distant sound will be a roar. Organizations across the nonprofit landscape willContinue reading “The Reckoning”

Gifts of Mutual Fund Shares

Many more Americans these days own shares in mutual funds than own individual stock.  So you’d think gifts to nonprofits of mutual fund shares would be much more commonplace than gifts of stock. You’d think so, and I thought so once, but that is not the case.  The typical development shop will see stock giftsContinue reading “Gifts of Mutual Fund Shares”

How to Value a Gift of Stock

Gifts of stock.  There are very few gift vehicles that provide more benefit to the donor.  It’s one of my “Big Four” ways of giving donors often forget about.  We’ll talk about the other three in another post soon. Gifting stock to a charity allows the donor to claim the full present market value ofContinue reading “How to Value a Gift of Stock”