View our investor deck at https://docsend.com/view/mhydeyb37pxeifh2
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 ($1.5bn 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 for all parties.
Stock gifting represents $50 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 100 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 5% 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.
In the last 36 months DonateStock has established itself as the de facto leader in stock gift processing.
1. Signed up 2,300 nonprofit customers
2. Processed 2,000+ donations worth $23mm in proceeds to nonprofits.
3. Secured distribution as the stock gifting app for half of the top 20 online fundraising / CRM platforms that collectively serve 100,000 nonprofit customers
4. Created demand for a white-label API solution to power stock gifting for fundraising and planned giving platforms and Donor Advised Funds (DAFs)
In the last 36 months we’ve processed $22mm in stock gifts, growing 150% annually.
We’ve organically grown from 0 to 2,300 registered nonprofits at Donatestock.com in the past 36 months.
