For stock gifts that re split into multiple funds … We get fund split amount (we transfer the fund split amounts separately to our General Ledger (NOT FE)) BUT … Then we have to deal with Stock Sale Amount because that is what we really need to transmit. There is no way to apportion that to the funds...

Hi Howard, Our process is: We generally receive a call from the transferring brokerage firm or the donor alerting us to a gift. I let our brokerage firm know what to expect for a transfer and to sell the security when it hits our account. Our brokerage firm lets me know when the stock has hit and been...

We acknowledge stock gifts to the donor as soon as our broker informs us we have a stock transferred. We usually sell immmediately. There is often a price fluctuation between when the donor gives the stock and when we sell it. And it also can take a number of weeks to actually get the checks for the...

We use the standard 'no goods or services...' statement on our stock receipts inaddition to data described in the earlier posts in this thread.

UPS stock is unusual. Donor sends a notarized form to me. I fill out my portion and forward to BNY Mellon Shareowner Services. They return a check to me of proceeds of the stock transfer and sale. What is the gift date (transfer date)? The date the form was notarized by the donor? The date I received...

Zoe, I don't know that it changed. I've been doing thank you's for stock gifts for 15 years (wow - can't believe it's been that long) and all we have ever done is gift of X shares ABC stock. Have not included $ figures at any point during this time. If it changed it was before 1996

Hello to all, Regarding stock gift values, previously our donor acknowledgments would include the valued amount of a donor's stock gift. Through forum conversation, I understand this is no longer a requirement on a written acknowledgment. So I had something to share with our donors about this, I...

Hi, Is anyone recording stock gift intentions, or pledges, in BBEC? Right now we just track any stock gift details in a spreadsheet until the gift comes in. Then it is entered into BBEC. We're hoping we can track that info in BBEC, instead of in a spreadsheet. Thanks! David

I need some help. When we are notified from our broker that there is a stock gift....we take the high and low and enter the average amount in Raisers Edge. We put it in as a stock/property gift. When the check comes in - we enter the gift in the broker's account as a cash gift. Then we go back to...

For receipts, we only do the simple, bare minimum. We acknowledge their gift of ## shares of ABC stock gifted to us on date we received. Many people include stock value figures as in previous reply, we just never have.