Donating 500k

PayPal / Consultant
sallytally

Go to company page PayPal Consultant

sallytally
Sep 15, 2020 128 Comments

Hi, I’m getting my RSUs soon, to the tune of around 500k. I don’t need the money so I want to donate it. Question is, what is the best way to donate RSUs so the non profit gets the maximum of money? Previous years I’ve simply sold my shares and donated cash, but the non profit usually gets only half of it after taxes.

Also, feel free to share non profits you personally love so we can read about amazing things that people are doing to help others.

Edit1: paypal uses E*TRADE. apparently one can donate the shares directly. Do you go to E*TRADE and find a donate button and then find the nonprofit and donate it? Does E*TRADE then move the stocks to the nonprofits trading account? Can I assume that all non profits have a trading account?

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TOP 128 Comments
  • Apple / Eng
    yuriy

    Go to company page Apple Eng

    PRE
    Amazon, Google
    yuriy
    Donate it to me, you virtue-signalling troll.
    Sep 15, 2020 3
    • PayPal / Consultant
      sallytally

      Go to company page PayPal Consultant

      sallytally
      OP
      If you need basic necessities, there may be nonprofits already out there to help you and/or your family. There’s also food banks that you can go to to get free food. All of these places exist because of folks on the ground dedicating their lives to help people and people who fund them. Don’t live in a bubble bro.

      Apple matches 200% which means if you donate 10k, the non profit gets 30k. Put that to good use!
      Sep 15, 2020
    • I like how you think someone would attempt at virtue-signalling in an anonymous forum. Not everyone wants to hog every cent they make. There's only so much you can do with money in your own life, and there's a ton of fulfilment in affecting the lives of others.
      Sep 24, 2020
  • PayPal
    !ebay

    Go to company page PayPal

    !ebay
    Why do you want to donate? yoe and level?
    Sep 15, 2020 6
  • Amazon
    chindichor

    Go to company page Amazon

    chindichor
    I want to buy a house next year, short of exactly 500k downpayment. My family wohld be great full to you if you can donate the money to our family. Thank you in advance and may god bless you.
    Sep 15, 2020 4
    • Intel
      locopoco

      Go to company page Intel

      locopoco
      "My family wohld be great full" .....what do u mean? Your family is full of great people ... haha.. glad that chindichor didn't mention great fool what he exactly is.
      Not good to mock someone planning to do good for others. Great job OP. I salute.
      Sep 29, 2020
    • Oracle
      76341836

      Go to company page Oracle

      76341836
      great fool
      Sep 29, 2020
  • Amazon
    standstill

    Go to company page Amazon

    standstill
    I want to believe you.

    If you're rich enough that you don't need half a million dollars then looking at rich people mentality, I have difficulty buying this.

    So you already got fuck-all money but weren't making donations until now ?
    Sep 15, 2020 4
    • Amazon
      royaldream

      Go to company page Amazon

      royaldream
      Blind is so toxic that it is so difficult to believe the genuine posts. Good job OP. I don’t know if what you said is true, but I hope I reach that kinda stage some point in life
      Sep 23, 2020
    • Google
      fango

      Go to company page Google

      fango
      @royaldream: keep holding on to $AMZN. You'll reach there sooner than you anticipate.
      Sep 23, 2020
  • Amazon
    pbpy87

    Go to company page Amazon

    pbpy87
    Is this 500k pesos or vietnamese dongs?
    Sep 15, 2020 2