DonateStock Charitable Inc. is a 501(c)(3) public charity based in Houston, Texas, founded in 2021. The organization facilitates charitable stock gifts for nonprofits of all sizes by removing barriers to stock gifting. Rather than making grants directly, DonateStock Charitable operates as a fiscal sponsor and stock donation processor, enabling donors to contribute appreciated securities and allowing nonprofits without brokerage accounts to accept stock donations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+473.4% YoY
Annual Giving
$10.1M
+147.1% YoY
Grant Count
215
+100.9% YoY
Avg Grant Size
$47K
+23.0% YoY
Mission & Focus Areas
The organization's mission is to help nonprofits diversify and grow funding sources by facilitating charitable stock gifting. DonateStock Charitable democratizes stock gifting for organizations previously excluded from this funding source due to lack of brokerage accounts or infrastructure.
The organization's primary focus areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with activity concentrated in California, New York, and Texas.
Grantmaking
DonateStock Charitable operates through a fiscal sponsorship model rather than traditional grantmaking. In their second fiscal year, the organization facilitated over 800 stock donations to more than 300 charitable organizations. The organization also manages Relief Baskets—pooled giving vehicles that allow donors to support multiple organizations with a single charitable stock gift, with proceeds distributed evenly among featured organizations.
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Geographic Focus
Where this funder awards grants
Primary funding activity occurs in California, New York, and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $2,345,115
- Total Revenue: $12,796,089
- Total Expenses: $10,867,822
- Total Giving: $10,585,357
As of December 2023:
- Total Assets: $408,955
- Total Revenue: $5,095,831
- Total Giving: $5,334,774
The organization maintains a donor-advised fund through which donors can direct the distribution or investment of funds.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,345,115 | $408,955 | $790,466 |
| Revenue | $12,796,089 | $5,095,831 | $9,373,136 |
| Expenses | $10,867,822 | $5,445,995 | $8,971,558 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $17,960 | $1,947 | $409 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
150 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Caroga Arts Collective Inc ($128,030), Bellevue Hindu Temple and ($110,567), Building Decarbonization Coal ($99,001).
| Recipient | Purpose | Amount |
|---|---|---|
| Access Womens Health Justice Oakland, CA | — | $6,847 |
| Alexs Lemonade Stand Foundat BALA CYNWYD, PA | — | $6,018 |
| Alices Kids Inc Alexandria, VA | — | $5,658 |
| American Cancer Society Atlanta, GA | — | $12,861 |
| American Friends of the Inter Dobbs Ferry, NY | — | $30,536 |
| American Indian Community Dev Minneapolis, MN | — | $20,324 |
| American Red Cross Washington, DC | — | $7,159 |
| American Society for the Prev New York, NY | — | $9,297 |
| Animals Deserve Better dba Pa MARIETTA, GA | — | $9,722 |
| Anti-Corruption Foundation In BROOKLYN, NY | — | $10,105 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Steve Latham | Chairman | 4 | — |
| Anthony Chukumba | Director | 0.5 | — |
| Vanessa Chambers | Director | 0.5 | — |
| Berna Barshay | Secretary | 0.5 | — |
| Jean Vendice | Treasurer | 0.5 | — |
Recent News & Activity
Recent developments and announcements
DonateStock Charitable has established Relief Baskets for timely causes, including:
Turkey-Syria Earthquake Relief Basket (February 2023) with $25,000 in matching funds provided by Wag! Group Co.
Gun Violence Prevention and Victim Support Basket
Ukraine Relief Basket
The organization has partnered with other platforms to expand donor experiences and nonprofit fundraising capabilities. The organization also operates the Wag! Community Shares Program, which has distributed grants to nonprofits.
Givzey and DonateStock Partner to Elevate World-Class Donor Experiences andSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Donatestock Charitable Inc fund?
The organization's mission is to help nonprofits diversify and grow funding sources by facilitating charitable stock gifting. DonateStock Charitable democratizes stock gifting for organizations previously excluded from this funding source due to lack of brokerage accounts or infrastructure. The organization's primary focus areas include Education, Philanthropy, Voluntarism & Grantmaking, and Human Services, with activity concentrated in California, New York, and Texas.
How do I apply for a grant from Donatestock Charitable Inc?
DonateStock Charitable operates through a fiscal sponsorship model rather than traditional grantmaking. In their second fiscal year, the organization facilitated over 800 stock donations to more than 300 charitable organizations. The organization also manages Relief Baskets—pooled giving vehicles that allow donors to support multiple organizations with a single charitable stock gift, with proceeds distributed evenly among featured organizations. Recent grant distributions include: • World Centr…
Where does Donatestock Charitable Inc make grants?
Primary funding activity occurs in California, New York, and Texas.
What size grants does Donatestock Charitable Inc award?
In 2024, Donatestock Charitable Inc awarded 215 grants totaling $10.1M — an average of about $47K per grant, based on its IRS Form 990 filings.
What is Donatestock Charitable Inc's EIN?
Donatestock Charitable Inc's EIN (Employer Identification Number) is 87-1569770. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Donatestock Charitable Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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