To contribute stock and ensure that it is attributed to your account quickly, you must create a stock contribution "intent" first.
To do this, go to the Daffy app or website and select “Add Funds,” then "Stock," and answer the prompts to let us know the details of your stock contribution. Creating an intent helps us avoid delays in attributing your contribution to your Daffy account.
Please note that Daffy only accepts publicly traded stocks, ETFs, and mutual funds.
Create a Daffy stock contribution intent (see above)
Log into your Vanguard account and click on "Forms"
Click on "Add or remove owners, inherit accounts, gift shares"
Click "Gift assets to individual/organization"
Click "Other financial institutions" and fill in the DTC: 0158
Select the number of holdings
Select Yes for "Would you like to reveal your identify to the charity?" (We need your name to attribute this transfer to your Daffy fund.)
Fill in receiving brokerage firm's information.
Type: Brokerage firm
Name of receiving brokerage firm: Apex Clearing
Name of individual trust or organization: Daffy Charitable Fund
Account number: 9SC05050 (Note: This account number has 3 zeros not the letter O)
Note about Cost Basis
If you would like to send particular lots of a security, it is important that you enter the correct cost basis on the form. Generally, it cannot be changed after the fact. Please record the cost basis of an asset you are donating before transferring the asset to charity as most brokerages do not keep a record of the cost basis once the asset has left your account and you may need the information to fill out tax forms at the end of the year. Daffy does not have access to cost basis information for contributions so we will not be able to provide this information at a future date.