DonateStock Partners with Blackbaud to Help Nonprofits Increase and Diversify Revenue

HOUSTON, August 29, 2023 / DonateStock has partnered with Blackbaud to help thousands of nonprofits grow and diversify revenue through charitable stock gifting. Through a custom, “no-code” integration, Blackbaud Raiser’s Edge NXT® customers can incorporate DonateStock’s “Easy Button” into their donation form in minutes to take fundraising to the next level.

Stock gifting represents a larger pool of assets and a smarter, tax-advantaged way for donors to support nonprofits. By making a pre-tax stock gift, a donor may avoid the capital gains tax while also deducting the market value of the gifted stock. Until now, less than one percent of nonprofits could accept stock gifts. DonateStock is closing that gap by enabling all nonprofits to solicit and receive gifts of appreciated stock – no brokerage required. As a graduate of Blackbaud’s Social Good Startup Program, DonateStock is a Blackbaud ISV partner, and has worked with the company to create the Raiser’s Edge NXT integration.

Through this integration, Blackbaud customers can now offer donors a smarter, tax-advantaged way to support causes they care about through stock gifting. DonateStock also simplifies the workflow of processing, reconciling, and acknowledging stock gifts, enabling fundraising professionals to offer donors new ways to give while avoiding the hassle typically associated with stock gifts.

“It couldn’t be easier to add the DonateStock giving button to our donation forms. We just drag and drop our way to fast fundraising!” said Lisa Tynan, Head of Marketing, Houston PetSet. “We’ve had great success with our donors using DonateStock and look forward to making it even more accessible to our community of supporters through Blackbaud.”

“This partnership is a perfect example of how we can help nonprofits of all sizes to diversify and grow development programs as an integral extension of their trusted fundraising platform,” said Steve Latham, CEO of DonateStock. “We look forward to helping nonprofits enable donors to make tax-advantaged stock gifts with ease.”

For more information download the DonateStock Blackbaud Brochure 2023.pdf

About DonateStock

At the intersection of Fintech and philanthropy DonateStock is transforming charitable giving by making stock gifting easy and accessible to millions of nonprofits and donors. DonateStock streamlines the stock gifting process to help donors make tax-advantaged stock gifts with ease. Nonprofits benefit from larger pre-tax gifts along with the tools, automation and support needed to scale stock gifting. By democratizing stock gifting for all, DonateStock is helping thousands of nonprofits impact millions of lives. Learn more at donatestock.com.

About the Blackbaud Partner Network

The Blackbaud Partner Network is a group of leading technology and services firms providing the social impact community with the solutions, applications, and strategies they need to make a difference in their local communities and worldwide. To learn more about Blackbaud’s Partner program, visit: https://www.blackbaud.com/partners.

Media Contact: [email protected].