DonateStock, Inc.

Democratizing charitable stock gifting
Houston

About DonateStock, Inc.

View our investor deck at https://docsend.com/view/8njhsydxz3wjtyzg

Founded by serial entrepreneurs in 2020, Donatestock is democratizing charitable stock gifting by making it accessible, safe and easy for millions of investors and nonprofits. As the leader in this emerging market ($3bn TAM), our first-of-its-kind platform enables donors to make tax-advantaged stock gifts in minutes with ease while providing access and removing friction so all nonprofits can launch and scale stock gifting programs.

Team

Problem statement

Stock gifting represents $100 billion in untapped funding with unparalleled advantages over cash: donors avoid capital gains tax while deducting full market value while allowing nonprofits to keep the proceeds that would otherwise go to the IRS. Yet stock gifting is used by <1% of 60 million investors due to decades-old problems:
1. Very few investors are aware of the benefits of donating stock.
2. The stock gifting process is onerous, opaque and manually intensive for donors.
3. Less than 1% of nonprofits have brokerage accounts that are necessary to receive stock.
4. Those that have a brokerage cannot scale stock gifting due to the manual, fractured process and lack of data needed to reconcile and acknowledge gifts.

Traction information

In the last 24 months:
1. Processed 1,300 donations worth $14mm in proceeds to nonprofits.
2. Established DonateStock as the leader in stock gifting
3. Secured distribution as the stock gifting app for 10 of the top 20 online fundraising / CRM platforms that collectively serve 100,000 nonprofit customers (embedded in 4 of them)

Product images

Milestones

January 2023

1,200 Registered Nonprofits

We’ve organically grown from 0 to 1,200 registers nonprofits at Donatestock.com in the past 18 months.

December 2022

$11 million in gifts processed

In the last 18 months we’ve processed $11mm in stock gifts (up 750% YoY)

Updates

Profile created.
Added about 2 years ago

Funding

Not raising capital right now

Total raised to date:$2,250,000
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