The amount it was valued at is how much was raised.  That is what counts on your financials, on their taxes, etc.  The difference is only a cost that you incurred as a result of accepting the gift.  Similarly to credit card gifts you would not subtract the transaction fee from the gift and only count that in how much was raised.  You simply count the fee as a cost of doing business.

As far as dashboards.  Be very careful with them.  They have issues like this one which is why I never use dashboards as financial reports and I do not recommend others use them either.  Use financial reports.

Melissa

When you acknowledge a donor for their stock gift, you give them credit for the full market value of the stock the day it was trasferred right (# of shares x mean value). You don't give them credit for the sold amount, right (which can be less)?  I know in raiser's edge you should enter stock gifts twice - one for stock and one for stock sold - I think. It's been awhile since I've had to deal with stock.

Thanks - any infor would be greatly appreciated.

I credit them for the Median value of the stock the market day it is deposited in our account.  (Take High & Low and divide by 2 times the number of shares) Be careful of 'transferred date' because a donor can transfer the stock after the market closes which means it does not count as saleable on the transfer date - and it doens't count until you actually receive it in your organizations account.

No, you do not enter stock gifts in RE twice.  You enter the value (mean value on day the stock became yours) on a gift type of stock/property.  The stock/property gift type allows you to also record the sale amount and any broker fees you paid for the sale.  (go to gift - sell stock/property)

When you report on stock gifts the gift type tab allows you to decide whether to report on the full value, the sale amount before broker fees or the sale amount minus broker fees.  This gives you a lot of flexibility when reporting on your stock gifts.

we use the valued amount when reporting, we do not use dashboard to report our stock gifts