You can fund your portfolio account in three ways:
Transfer stocks to our DAF for sale and liquidity
Hold stocks in our DAF while enjoying the gains
Invest through one of our partnered actively managed ETFs.
Donate your stocks to be sold immediately or keep it for a period of time.
When donating your stocks it will be automatically transferred to the investment account, where you have the ability to request that they are sold all or part (min. sale is $10,000) of the shares whenever you desire. There is no brokerage fee. The proceeds will be transferred to your DAF account.
You will get a receipt on the stock based on the FMV (Full Market Value) on the date you donated the stock. (If it’s a short term stock and the value of the stock increased, your tax deduction would be for the amount you bought the stock. You will discuss this with your tax advisor)
If you would like us to keep the stock, we will evaluate the stock to make sure it’s not volatile. We also reserve the right to sell the stock in the event the value of the stock falls below 10 basis points. This is done to protect the assets of the donated stocks. We will therefore need the exact details of the stock and evaluate it prior to donation.
No fees are charged by OJC for your stock donation.
There may be a charge of up to $45 for the sale of mutual funds transferred into the OJC Fund.
Option contracts that are transferred may have a sales commission of up to $1.00 per contract.
There’s a minimal SEC fee for selling stocks
See your monthly stock value in your statement.
When your funds are being transferred to your DAF account the regular charge structure will apply.
Invest in our OJC investment portfolios by Charles Schwab.
We have 5 ETF portfolio options to choose from, with various models (aggressive to conservative) managed by our associate, Equinum Wealth Management, an affiliate of Roth&Co. Minimum Investment donation is $5,000. If you would like to invest a larger sum, we can offer you personalized consultations on how to refine your investment approach and the ability to view account activity in Charles Schwab’s client portal.
You will have the ability to request that it be sold all or in part (min. sale is $5,000) of the portfolio whenever you desire. There is no brokerage fee. When selling your portfolio, the proceeds will be transferred to the regular DAF account.
There is an annual advisory fee of 1% paid quarterly with a minimum of $100.
See your monthly portfolio value in your statement.
To discuss your investment options contact us at 718-599-1400 Ext. 104, to setup a consultation with our associate, Equinum Wealth Management, an affiliate of Roth&Co.
When your funds are being transferred to your DAF account the regular charge structure will apply.
