Donatestock Charitable Inc

Donatestock Charitable Inc, situated in Houston, Texas, serves as a fiscal sponsor, fostering over 800 stock donations to more than 300 charitable organizations in its inaugural full year. This nonprofit primarily assists in diversifying and expanding the funding sources for these organizations, many of which were previously unable to receive stock gifts due to lacking a brokerage account. By facilitating this process, Donatestock Charitable Inc allows these organizations to save valuable time, enabling them to channel their resources more effectively towards their respective missions.

Donatestock Charitable Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Donatestock Charitable Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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Donatestock Charitable Inc's mission is centered around assisting nonprofit organizations. Specifically, it aims to expand and strengthen these organizations' funding sources by promoting charitable stock gifting. As a fiscal sponsor, Donatestock Charitable facilitated numerous stock donations, enabling over 300 charitable organizations to benefit from this funding method, even if they previously lacked the necessary brokerage accounts. Organizations that already had brokerage accounts also benefited, saving time and resources that could be redirected towards their primary mission.

Jean Vendice is the Treasurer of Donatestock Charitable Inc.

Donatestock Charitable Inc's revenue in 2022 was $9,373,136.

The Donatestock Charitable Inc’s most recent form 990 was submitted in 2022 and can be accessed here