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On [DATE], you donated [DESCRIPTION ? WITHOUT MONETARY VALUE]. This gift is greatly appreciated and will be used to support our mission. In exchange for this contribution, you received [GOODS OR SERVICES ? WITH ESTIMATE OF FAIR MARKET VALUE].
Example 2: Individual Acknowledgment Letter Hi [donor name], We're super grateful for your contribution of $250 to [nonprofit's name] on [date received]. As a thank you, we sent you a T-shirt with an estimated fair market value of $25 in exchange for your contribution.
When acknowledging these donations, include the name of the donor, the number of shares, the name of the security, and the date when the transfer was completed. It is crucial not to mention the value of the stocks or securities in the donor acknowledgment letter, as their worth may fluctuate.
Properly Acknowledging Your In-Kind Stock Gift The best practice is to do this upon receipt of the gift, but it's acceptable to do so within 30 days based on volume. Your letter should acknowledge the gift of stock, including the ticker, the number of shares, and the date of the donation.
Once a donation of stock has been received, a thank you letter should be sent to the donor. This letter should acknowledge the gift of stock, such as the name and number of shares.