Accepting Stock Donations
Charities can add online stock donations for free in 5 minutes, without a back office.
Cocatalyst was founded to help non-profits receive more donations by streamlining the process of gifting stocks. Donors increase their contributions through stock gifts because the appreciated holdings are not taxed. This page explains the process for contributors to donate through Cocatalyst.
Keep in mind, whether you're a mega church, or community non-profit, you will have a best in class experience for donors.
Our goal is to help donors optimize their giving to make the most impact, and signing up with Cocatalyst is free. You should place the Jumpstart Button on your website, and share the Jumpstart Link to donor who inquire on giving stock.
How to accept stock donations
Testimonials
“Cocatalyst is really easy to set up. Radiance Christian Church has received tens of thousands of dollars in stock from donors without any effort.”
- Gene, Finance Team Lead for Radiance Church
“In San Francisco, we have a lot of people working in tech. Med-Tech, Fin-Tech, Bio-Tech. No matter what industry you’re in Cocatalyst makes accepting stock really easy for our charity. We had someone donate within a week after our setup."
- Tarik, Finance Pastor for Reality SF
Web Donation Plugin
We have a start donation form that allows users to make a gift. However, this requires that the donor input your charity’s information. To reduce time and prevent confusion, we recommend you fill out the next section. Our API will generate you a Cocatalyst Jumpstart button on your website and link cocataly.st/[customizable_text] for other mediums. This button will prefill your data using our API, and cut down on the steps donors need to do to complete the gift.
With a Jumpstart button, instead of having to enter all the charity information, donors simply confirm the information you preload. This is a preview of the button with default settings for World Vision.
Sign Up to Add Stock Donations
After submitting this form, you’ll get HTML and text links to put on your website and emails.
Appearance
When a donor clicks the button, they are brought to our secure request form. After putting in their stock details, they confirm that your charity is the recipient. This saves tremendous time for the donor, and ensures you receive the funds sooner. After the form is completed, brokers send the securities over to our liquidation service. We will issue a tax receipt for the donor, and immediately send the proceeds to you by check.
Email Reporting
We include the name of the donor and memo on each check that we issue. Checks are written out to the organization’s legal name and mailed to the address on file with the IRS for the 501(c)3. Funds are generally sent out within 5 business days of sale. If you are a religious organization not registered with the IRS, we have a one-time verification process.
All charity recipients receive transaction email updates for pending donations.
In addition, charities that have signed up for the Jumpstart program will receive monthly CSV reports by email of their transaction history. This report is normally sent the first full week of the month and includes:
donor name
amount
memo comments from the donor
date of check issuance
Cocatalyst Tracking ID
Note: Donors have the option of donating anonymously.
Dashboard
We've partnered with Bill.com as our payments management tool. To sign in to a dashboard to view our payments, you'll need to have a Bill.com account. Once your account is created and you receive your first donation, we'll send you an email invite to connect with your Cocatalyst payment data. Our outgoing payment to your charity will have ACH or check receipt options. In the portal, you can see a list of all donations, their donors, memo comments from the donors through Cocatalyst to your organization.
Customize Button
The size of the button can be changed from “medium” to “small” or “large”:
size: "medium"
Tooltip (hover explanation for stock donations) can be disabled by appending the following:
tooltip: false
Pricing
Signing up for the Jumpstart tools on Cocatalyst is free. For our most up to date pricing information when we process securities, please check our Pricing Section in our Help.
Eligibility
Any 501(c)3 charitable organization is supported by Cocatalyst. However, if your organization is a foundation, please contact us by starting a conversation with our Chat Bot for confirmation.