The Simple Church is now partnered with Overflow to receive stock donations, if you are interested in donating stock, click the link below to give now and learn more.
1. Choose what to give
Fill out your information with the link below to begin your stock gift. Overflow makes this simple by allowing you to quickly and easily select stocks from your portfolio in minutes.
2. Leave it to Overflow
Overflow will submit your gift electronically and work with your brokerage, and yourself if needed, to ensure the gift is fulfilled.
3. Giving, Simplified
Once the Simple Church has received your charitable stock gift, you’ll receive a charitable acknowledgement letter that you can use for tax purposes.
Why Donate Stock?
Donating stock can be one of the most tax-efficient ways to give. We've partnered with
Overflow to make donating stock online quick, easy, and secure. By donating appreciated stock that you've held for over a year, you could potentially save up to 20% in capital gains taxes and potentially deduct the charitable donation on your federal income taxes.
To understand the full tax benefits of giving appreciated stock, please consult with your tax professional.
Donating appreciated stock allows you to maximize your impact while potentially saving
more on taxes. Overflow makes it easy to donate online in less than 5 minutes.
Maximize your impact with a gift of appreciated assets. Donate stock online through Overflow.
WHO IS OVERFLOW?
Overflow is a digital solution for donating non-cash assets, enabling donors to give in a
tax-efficient way. Donors can experience the ease of giving via stock or crypto in less
than five minutes from their mobile device. Overflow also provides givers access to a
private Donor Portal which enables visibility into transaction history, transaction statuses,
and the ability to update connected financial accounts.
IS GIVING THROUGH OVERFLOW
SAFE AND SECURE?
Overflow's Information Security Program is SOC 2 compliant, a widely respected information security auditing procedure. Overflow does not have access to nor stores any brokerage account usernames or passwords. They use Yodlee, a third-party provider, that handles the brokerage login process. Over 600 companies including
PayPal, Mint, and Amazon use Yodlee to connect their clients’ accounts.
WHAT IS THE TAX BENEFIT OF
DONATING APPRECIATED STOCK?
Donating appreciated stock that you've held for over a year could allow you to save up to 20% in capital gains taxes and potentially up to 37% in federal income taxes on the charitable donation value of your gift based on your tax bracket when itemizing deductions. To understand the full tax benefits of giving appreciated stock, including potential state tax savings, please consult with your tax professional for information about your personal tax implications.
WHAT SPECIFIC STOCK
COULD I DONATE?
You can give any publicly traded stock through Overflow. By donating assets that have appreciated in value for more than one year, you are more likely to maximize the potential tax benefits.
CAN I GIVE THROUGH
MY 401K OR IRA?
Overflow can process all whole shares of publicly traded stock, including 401Ks and
IRAs. However, because donors often incur penalties for withdrawing these assets
before a certain date, we highly recommend consulting your tax professional before
donating these types of assets. Donating 401Ks or IRA could result in major tax penalties
or even fewer tax benefits than donating cash.
CAN I GIVE COMPANY STOCK OUTSIDE OF
THE TRADING WINDOW? DOES OVERFLOW SUPPORT GIFTS FROM MY BROKERAGE ACCOUNT?
If you received company-distributed stock as an employee and the trading window is not open, your brokerage will likely reject the transfer request. We highly advise you ask your company for the trading windows and give during those time periods, which typically are open quarterly for 3 to 4 weeks at a time. Overflow currently supports over 10 brokerages via their self-guided platform including the most popular brokers such as Charles Schwab, Fidelity, and E*Trade.
If Overflow doesn't have a direct connection to your brokerage account, your gift can still be fulfilled through their off-platform concierge service. If you are in Overflow's donor experience and your brokerage account is not one of the 10+
currently supported with a direct connection, you'll be taken to a form to contact Overflow's transaction operations team. You can also choose to opt into Overflow's fully-guided concierge service by emailing firstname.lastname@example.org.