Giving stock through Overflow for the first time? Here's all you need to know.

Overflow is here to simplify and streamline the complex process of donating stock by enabling you to donate your stock in just a few clicks. 

Donating publicly-traded stock to your favorite nonprofit is one of the most tax-efficient ways to give. However, this historically has been a time-consuming, frustrating process requiring you to communicate back and forth between your brokerage and the receiving 501c3 organization. Not to mention that in most cases you had to print, fill out, and either fax 📠 or snail mail 📫 a paper form 📃 to initiate your donation. How are we still printing and faxing paper forms in the 21st century?! No one has time for that.  ⌛ ⌛ ⌛

Watch this video or read on for the 5 easy steps to donate stock on Overflow. If you keep reading, we also offer four other ways to donate to ensure you're able to fulfill your intent to give in the way you're most comfortable.

How to Donate Stock on Overflow:

Step 1: Click the 'Donate Stock' button on the organization’s website to which you want to give stock.

• This will take you to Overflow’s stock-giving page for that organization. Below is an example of how this page will look:

• At the bottom right corner, you will see a list that will show you where you are in the process: 

• In the bottom center, you will find Overflow's Security Policy. Rest assured that giving on Overflow is safe and secure. Overflow does not have access to nor stores any brokerage account usernames or passwords. Learn more about Overflow's security policies.

• On the bottom left you'll see a help button. At any point, you can click this button to get in touch with a member of our Donor Operations team.

 

 

Step 2: Log in using your email address or phone number as your username. 

You will receive a one-time passcode to the communication method you choose. We never ask you to set up a password. Your email address or phone number will be your username on the Overflow platform and we will send you a one-time passcode every time you'd like to log in to give or access your Donor Profile. This means that the next time you come to give through Overflow and log in via your email address or phone number, your information and connected brokerage accounts will load automatically. This makes giving again through Overflow even easier!

Step 3: Search for and select the brokerage account from which you wish to give.

 

Step 4: Connect your Brokerage via Yodlee

Once you select your brokerage account, you will be prompted to connect your brokerage account through Yodlee. Yodlee is a third-party provider that securely handles the brokerage authentication process. Over 600 companies, including trusted service providers like PayPal and Amazon, rely on Yodlee to connect their clients’ accounts.  Learn more about how we handle security and privacy here.

You can choose to not log in to your brokerage account and input the information about the shares you wish to give manually by exiting out of the Yodlee window. If you choose to log in to your brokerage account, however, you'll be able to see exactly which shares you own and which stock has appreciated the most. You can then select the shares you wish to give and enter the quantity.

 

Step 5: Give!

Follow the prompts to choose a designation for the funds, select whether you want to participate in your employer's matching program, and enter your personal contact information. Then, review your donation and click "Send Donation" to give!

WHAT HAPPENS NEXT?

• Upon clicking "Send Donation", your stock donation request will be sent to and processed by Overflow, removing the need for you to track down and fill out transfer instructions or engage in back-and-forth communication your brokerage.
• You will immediately receive a donation confirmation for informational and tracking purposes
• Overflow will inform the receiving organization that your stock donation is on its way.
• Upon receipt of your donation, the receiving organization will send you a confirmation receive and a charitable acknowledgement letter for you to use for tax purposes. 

Learn more about what to expect after you submit your donation by clicking here.

Other Ways to Give

1) Give Manually

Don't want to connect via Yodlee?  No problem! You have the option to go through the process manually. This will require you to reference your brokerage account in order to provide the necessary donation information. To access the manual process, close the Yodlee window and select the "Donate Manually" button located at the top of the page.

2) Through Concierge Support

If you searched for your brokerage account name and the Yodlee login window doesn't appear, that's ok! It means that your brokerage account doesn't have a direct connection with Overflow, but you're still able to initiate a gift with a few clicks online. Depending on your specific situation, you might need to provide additional information. Our product will recognize if you need Concierge Support and automatically connects you with our team of stock donation experts to fulfill your donation request. Learn more about concierge support here.

Below is a video walkthrough on what to expect if you are not prompted to connect your account via Yodlee and instead go through the Concierge Support process:

3) Off-Platform

If you do not feel comfortable giving stock online, don't fret! We are still able to help you facilitate a stock gift outside of the Overflow online platform. Our Donor Operations team will guide you through the process and acts as the receiving organization's stock team to make it easier on them to receive stock gifts. Simply email [e-mail] and provide the following information:

Full Name:

The organization you want to give to:

Contact Information:

Contact Preference:

Brokerage you plan to give from:

4) With Your Financial Advisor

If the organization you are giving to has the Financial Advisor experience enabled, you can loop your financial advisor into the process and even allow them to give on your behalf.

Questions? Email [e-mail].