Partners
It takes a village to power charitable giving for everyone. We are proud to partner with leading companies, associations and organizations to seamlessly integrate charitable stock gifting throughout the industry.
GVNG and DonateStock Partnership Enables GVNG Wallet holders to Give Now and Distribute Later
GVNG was created as a safe and simple way to organize and manage donations while increasing the impact of charitably-minded people. The GVNG team saw challenges and barriers that unnecessarily complicate acts of charity and set out to eliminate them by creating a simple-to-use technology platform that serves individuals, employers, employees, banks & credit unions, and most importantly, charities and causes.
With this collaboration, GVNG customers contributing through DonateStock can avoid capital gains tax on the increased value of the stock and deduct the full market value of the stock immediately. The tax-deductible stock gift is processed by DonateStock and the proceeds are deposited into the holder’s GVNG Wallet. Customers will receive the tax receipt from DonateStock Charitable, Inc. a registered 501c3. This innovative approach allows GVNG Wallet holders several years to distribute the proceeds from the donated stock, making it ideal for year-end tax-advantaged giving.