FundSvcs Community

Hi everyone, 

I'm seeking your collective wisdom regarding a recent stock donation we received. An individual fulfilled their first pledge payment by donating stock through their organization, resulting in more than 200 individual securities received over four days. As is customary, the organization will be credited as the donor, while the individual will receive recognition. 

Our usual process is to issue four separate receipts and acknowledgments-one for each day of transfers-with details of the security names and the number of shares. Given the unusually high volume of securities, I'm considering whether it would be helpful to include a consolidated list of all stocks and shares as a separate page with each receipt. Also, if requested, could we provide a single, comprehensive receipt instead of four individual ones? 

As we prepare the acknowledgement for the individual, should we similarly include a detailed list of all the stocks received, or would it be appropriate to simply thank them for fulfilling the first payment of their pledge of $X through gifts of stock, without itemizing every security? 

I'm curious how other organizations have managed similar situations and would greatly appreciate any advice or best practices this community can share. 

Thanks,

Susan

Hi everyone, 

I'm seeking your collective wisdom regarding a recent stock donation we received. An individual fulfilled their first pledge payment by donating stock through their organization, resulting in more than 200 individual securities received over four days. As is customary, the organization will be credited as the donor, while the individual will receive recognition. 

Our usual process is to issue four separate receipts and acknowledgments-one for each day of transfers-with details of the security names and the number of shares. Given the unusually high volume of securities, I'm considering whether it would be helpful to include a consolidated list of all stocks and shares as a separate page with each receipt. Also, if requested, could we provide a single, comprehensive receipt instead of four individual ones? 

As we prepare the acknowledgement for the individual, should we similarly include a detailed list of all the stocks received, or would it be appropriate to simply thank them for fulfilling the first payment of their pledge of $X through gifts of stock, without itemizing every security? 

I'm curious how other organizations have managed similar situations and would greatly appreciate any advice or best practices this community can share. 

Thanks,

Susan

Hi everyone, 

I'm seeking your collective wisdom regarding a recent stock donation we received. An individual fulfilled their first pledge payment by donating stock through their organization, resulting in more than 200 individual securities received over four days. As is customary, the organization will be credited as the donor, while the individual will receive recognition. 

Our usual process is to issue four separate receipts and acknowledgments-one for each day of transfers-with details of the security names and the number of shares. Given the unusually high volume of securities, I'm considering whether it would be helpful to include a consolidated list of all stocks and shares as a separate page with each receipt. Also, if requested, could we provide a single, comprehensive receipt instead of four individual ones? 

As we prepare the acknowledgement for the individual, should we similarly include a detailed list of all the stocks received, or would it be appropriate to simply thank them for fulfilling the first payment of their pledge of $X through gifts of stock, without itemizing every security? 

I'm curious how other organizations have managed similar situations and would greatly appreciate any advice or best practices this community can share. 

Thanks,

Susan