A Better Chance, a nonprofit that gives scholarships to academically talented youth of color to attend private schools, uses a version of this letter to acknowledge donors who have given stocks.
The letter, provided by Cynthia Housel, the organization’s major-gifts officer for the western United States, includes the name of the stock, the number of shares, and the highest and lowest values of the stock on the day of receipt.
It also lists a calculated mean value of the gift for the donor’s tax purposes, but not the actual value of the sale.
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