Your Generosity Changes Lives

Overflow is a digital solution for donating non-cash assets, enabling donors
to give in a tax-efficient way. Donors can experience the ease of giving via
stock or crypto in less than five minutes from their mobile device. Overflow
also provides givers access to a private Donor Portal which enables visibility
into transaction history, transaction statuses, and the ability to update
connected financial accounts.

Overflow’s Information Security Program is SOC 2 compliant, a widely
respected information security auditing procedure. Overflow does not have
access to nor stores any brokerage account usernames or passwords. They use Yodlee, a third-party provider, that handles the brokerage login process.
Over 600 companies including PayPal, Mint, and Amazon use Yodlee to
connect their clients’ accounts.

Donating appreciated stock that you’ve held for over a year could allow you
to save up to 20% in capital gains taxes and potentially up to 37% in federal
income taxes on the charitable donation value of your gift based on your tax
bracket when itemizing deductions.
To understand the full tax benefits of giving appreciated stock, including
potential state tax savings, please consult with your tax professional for
information about your personal tax implications.

You can give any publicly traded stock through Overflow. By donating assets
that have appreciated in value for more than one year, you are more likely to
maximize the potential tax benefits

Overflow can process all whole shares of publicly traded stock, including 401Ks
and IRAs. However, because donors often incur penalties for withdrawing these
assets before a certain date, we highly recommend consulting your tax
professional before donating these types of assets. Donating 401Ks or IRA
could result in major tax penalties or even fewer tax benefits than donating
cash.

If you received company-distributed stock as an employee and the trading
window is not open, your brokerage will likely reject the transfer request. We
highly advise you ask your company for the trading windows and give during
those time periods, which typically are open quarterly for 3 to 4 weeks at a time.

Overflow currently supports over 10 brokerages via their self-guided platform
including the most popular brokers such as Charles Schwab, Fidelity, and
E*Trade. If Overflow doesn’t have a direct connection to your brokerage
account, your gift can still be fulfilled through their off-platform concierge
service. If you are in Overflow’s donor experience and your brokerage
account is not one of the 10+ currently supported with a direct connection,
you’ll be taken to a form to contact Overflow’s transaction operations team.
You can also choose to opt into Overflow’s fully-guided concierge service
by emailing [email protected].