You submit this transfer to E*TRADE. Daffy does not send it for you. Creating a stock intent tells Daffy to expect your shares. It does not start the transfer.
Before you start
You will need:
Your E*TRADE login
The ticker and number of shares you're contributing
The cost basis of those shares (record it now because E*TRADE may not keep that information after the transfer)
Your choice of immediate or custom liquidation, which decides the account number you enter (Does Daffy sell my stock after I contribute it?)
How do I send stock from E*TRADE myself?
Create a stock intent. Log into Daffy or the iOS app and go to Add Funds > Stocks, ETFs & Mutual Funds (open the stock intent form).
Log into your E*TRADE account and go to Transfers > Other Services > Make a Charitable Donation.
Select Add Manually to add Daffy as the charity.
Enter Daffy's receiving details (below), using the account number that matches your liquidation choice, and click Save.
Click Donate and choose the shares you want to transfer.
Review the details and click Confirm.
If E*TRADE asks for a paper form, use Daffy's pre-filled form: Immediate liquidation form or Custom liquidation form.
Daffy's receiving details
Enter these when you add Daffy manually.
Charity name: Daffy Charitable Fund
Receiving firm name: Apex Clearing
Receiving firm DTC: 0158
Account number, immediate liquidation: 9SC05050 (three zeros)
Account number, custom liquidation: 9SC05015 (Philanthropist membership feature)
Don't make the gift anonymous. Daffy needs your name to attribute the shares to your fund.
What happens after I confirm?
When your shares arrive and match your stock intent, Daffy notifies you and attributes them to your fund. Transfer timing depends on E*TRADE. If it's been more than 7 business days since E*TRADE sent the shares and you don't see them in your Daffy fund, contact E*TRADE's support team.
Cost basis
Record your cost basis before you transfer the shares. Daffy does not have access to cost basis information.
Frequently Asked Questions
Can I donate shares from an E*TRADE stock plan account?
Shares in an employee stock plan account may need to move to an E*TRADE brokerage account first. Contact E*TRADE to confirm before you donate.
Can I make the gift anonymous?
No. Daffy needs your name on the transfer to attribute the shares to your fund.
What if E*TRADE already sent my shares and I didn't create an intent?
Create the intent now and contact support@daffy.org with the ticker, number of shares, and date sent so Daffy can match the transfer.