Stock/Property Gifts

Some donors give stock or property instead of cash gifts. They can be stock certificates, land, or estates, which your organization may choose to keep or sell.

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.

On the gift record, under Stock/property, you can view details such as when you received the gift and when your organization sold it. After recording the sale of the stock or property in the database view, you can view its details, under Stock/property in the web view.

• Stock sale amount is how much you sold it for.

• Broker fee is how much you paid a broker or agent to help sell the stocks or property.

• Gain or Loss is 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.

• Stock sale date is when you sold it.

• GL post status and GL post date is whether you posted the sale to your fund accounting software and when it posted.

• Notes are additional details about the sale, such as if you only sell a portion of property.

• Issuer is the company who issued the stocks or the donor who gave the property.

• Symbol is the abbreviated market identifier for stocks, such as BLKB.

• Number of units is how many stocks or pieces of property you received.

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