Stock Giving Is Here
Supporters and friends,
We take great care to ensure you have the simplest and most fulfilling paths to engage with our mission. In fact, when it comes to elevating your experience, we’ve always been several steps ahead of most of the nonprofit sector:
We were an early adaptor of online peer-to-peer fundraising, directly empowering our supporters to raise hundreds of thousands of dollars for our Sudanese partners.
Our monthly giving program is so successful that it has been the subject of several case studies, including this one by fundraising giant Classy. Recurring giving is the new thing many nonprofits are chasing today.
We are an early adaptor of cryptocurrency philanthropy, opening up the doors of our mission to a new type of donor and bringing a safe and reliable giving experience to the crypto ecosystem.
Operation Broken Silence even won an award in 2021 for donor excellence from the world’s top fundraising platform. These are just a few of several examples illustrating what we mean when we say we take you and all of our supporters seriously.
Introducing Simplified Stock Giving
Our relentless pursuit of simple and fulfilling ways for you to engage with our mission is taking another step forward today. You can now donate stock from your investment portfolio quickly and safely through our new widget!
Enter the ticker symbol and your gift amount.
Type in your information. Then, add your broker’s information.
Make your gift!
You will receive a tax receipt at the email address you provide. This confirmation will help you close the loop when calculating your taxes.
Stock charitable donations are processed quickly and safely by our friends at The Giving Block. Please note that all stock donations are nonrefundable. Now let’s look at some reasons why stock giving is a preferred way to donate.
Why Donate Stock?
There are three primary reasons why donating stock is preferred to giving cash.
1. Because your awesomeness makes our Sudanese partners even more awesome. Let’s be real: you are here because you care about our Sudanese partners and the critical work they do. That’s why you give. We know you’re awesome, which is why we work so hard to make giving easier and more impactful for you.
Generosity shouldn’t be hard when so much is on the line in Sudan. Your stock giving helps our Sudanese partners bring education and healthcare to more people who have long been denied both. Double awesome!
Photo by Operation Broken Silence
2. You’re able to give more thanks to tax incentives. When you donate a long-term investment that has increased in value for more than one year, you’re able to donate the entire amount of its current market value and avoid paying capital gains tax.
Say you purchased some stocks more than one year ago. The original fair market value of those stocks was $30,000 but has risen to $50,000 today (great job, btw!) Capital gains incurred is $20,000 with a federal long term capital gains tax rate at 20% and Medicare surtax at 3.8%. If you decide to sell the stock first and donate the proceeds, you’ll owe $4,760 in taxes, leaving $45,240 to donate.
However, donating the stock directly to Operation Broken Silence allows you to give the entire present day value of $50,000. And it really does make a difference. In this example, that extra $4,760 can support 4 teachers at the schools in Yida for an entire year!
3. An opportunity for a portfolio review. Donating stocks gives you the chance to assess your investment portfolio. Markets change and investment strategies with them. Preparing to make a stock donation is a great time to chat with your financial advisor about all the things. If one of the reasons you are donating is for tax benefits, we strongly encourage you to consult with a financial advisor before giving.
The last month of the year is the perfect time to check with your financial advisor about your portfolio and ask a few questions about stock donations. Feel free to share this page with them as a reference. Moving forward, stock giving can always be found here in the Donate dropdown menu at the top of our website.
We appreciate the opportunity to bring another easy and fulfilling form of generosity to you. As we enter these final days of the year, I hope you will take advantage of this unique giving opportunity.
Onward,
Mark C. Hackett
Executive Director
Operation Broken Silence
