FundSvcs Community

Recently, a donor made a gift of stock to satisfy his recent pledge payment. Although we don't have to value the gift on the receipt due to IRS standards (only providing the stock information as it is gift of "property" essentially), we did provide the overall value we placed on the gift in order for the donor to see their new pledge balance. (

The donor came back to us and said the value should be approx. $400 more than what we had; upon further research, I found that the software our bank uses to value the gift was about $400 less than what Nasdaq showed the value to be on the day of the gift. In other words, the Nasdaq data and what the donor thought the gift value should be matched to the penny - our bank's valuation software is the only place showing a different median price.

In a case like this where there are varying values for the stock, which do we use to get the median price so we can calculate the value of the gift? Is it possible our bank's software is incorrect and we should cross-check it with other values in order to satisfy what the donor thinks the value is?

I have never had this happen before, and I've been processing stock donations for over 10 years - wondering if anyone else has experienced this.

Recently, a donor made a gift of stock to satisfy his recent pledge payment. Although we don't have to value the gift on the receipt due to IRS standards (only providing the stock information as it is gift of "property" essentially), we did provide the overall value we placed on the gift in order for the donor to see their new pledge balance. (

The donor came back to us and said the value should be approx. $400 more than what we had; upon further research, I found that the software our bank uses to value the gift was about $400 less than what Nasdaq showed the value to be on the day of the gift. In other words, the Nasdaq data and what the donor thought the gift value should be matched to the penny - our bank's valuation software is the only place showing a different median price.

In a case like this where there are varying values for the stock, which do we use to get the median price so we can calculate the value of the gift? Is it possible our bank's software is incorrect and we should cross-check it with other values in order to satisfy what the donor thinks the value is?

I have never had this happen before, and I've been processing stock donations for over 10 years - wondering if anyone else has experienced this.

Recently, a donor made a gift of stock to satisfy his recent pledge payment. Although we don't have to value the gift on the receipt due to IRS standards (only providing the stock information as it is gift of "property" essentially), we did provide the overall value we placed on the gift in order for the donor to see their new pledge balance. (

The donor came back to us and said the value should be approx. $400 more than what we had; upon further research, I found that the software our bank uses to value the gift was about $400 less than what Nasdaq showed the value to be on the day of the gift. In other words, the Nasdaq data and what the donor thought the gift value should be matched to the penny - our bank's valuation software is the only place showing a different median price.

In a case like this where there are varying values for the stock, which do we use to get the median price so we can calculate the value of the gift? Is it possible our bank's software is incorrect and we should cross-check it with other values in order to satisfy what the donor thinks the value is?

I have never had this happen before, and I've been processing stock donations for over 10 years - wondering if anyone else has experienced this.