If you are thinking of selling off some stocks that you’ve held for over a year and depositing the cash into your OJC DAF — don’t do it.
The benefits of donating the actual stock are far better. The benefits also apply to bonds and mutual funds.
Transfer ownership to OJC.
Receive a receipt for the FMV on the date you donate.
There are no fees for
OJC sells the stock on your recommendation. OJC reserves the right to sell the stock if the stock values drop significantly.
The cash is deposited into your OJC account.
Then recommend to any charity you want.
contact us at
718-599-1400 Ext. 104.