Engiven + Subsplash makes it simple to set up and manage stock & crypto gifts securely, allowing you to tap into larger, tax-friendly donations. With Engiven, Subsplash Giving customers can quickly set up an account to receive stock and cryptocurrency donations and receive them in US dollars.
Signing up with Engiven
Signing up is easy, from your Dashboard let the Subsplash Assistant know you want to get started with Engiven and it will walk you through the process.
Engiven Support Team and their resources are available to assist you throughout this partnership. If you have any questions, please refer to Engiven's Knowledge Center or contact their Support Team.
FAQ
Why do people donate Stock?
Why do people donate Stock?
Tax Benefits: Donating appreciated stock can provide significant tax benefits. When donors give stock that has increased in value since they acquired it, they can generally deduct the full fair market value of the stock as a charitable contribution, subject to certain limitations. By doing so, they can potentially reduce your capital gains taxes while supporting a cause they care about.
Avoiding Capital Gains Taxes: If they were to sell the stock instead of donating it, they would be subject to capital gains taxes on the appreciation. By donating the stock directly to a nonprofit, they can avoid paying capital gains tax altogether, allowing them to give more to the charity.
Higher Impact: Donating appreciated stock can have a greater impact on the nonprofit organization than donating cash. Nonprofits can sell the donated stock without incurring capital gains taxes as well, which means they receive the full value of the stock donated. This enables the organization to allocate the funds towards its mission and programs more effectively.
How will I receive the donations?
How will I receive the donations?
Donors will visit your Subsplash Stock giving page (hosted by Engiven). They will then submit their information and receive DTS instructions, which are used to send the stock to the Engiven Stock Foundation. Once the securities are received, they will be immediately sold on the appropriate public exchange and the proceeds will be sent to your ministry via ACH or check through the mail. All payments are issued on Wednesday for the previous week's donations by PPF, a fiscal sponsor of the Engiven Foundation.
How do I know that the process is secure?
How do I know that the process is secure?
Engiven is the most secure cryptocurrency donation processing software on the market. We were the first, and currently only, SOC 2 Type 2 certified platform in the industry. You can visit our TOS & Privacy Policy for more information. More information on our robust security can be viewed here.
How do I exchange cryptocurrency for US dollars?
How do I exchange cryptocurrency for US dollars?
Your cryptocurrency donations are automatically exchanged for USD at the time of donation.
How do I contact Customer Support if I have issues?
How do I contact Customer Support if I have issues?
Engiven provides dedicated email customer support for Subsplash users. Please reach out to subsplash.support@engiven.com with any questions and an Engiven support person will contact you.
Additional Support