AlgomaTrad is able to receive donations from US citizens through the IRS-recognized U.S. Charitable Foundation, Givio (EIN: 47-3955325). Donations can be offered by credit card or through stock donations.
US credit card donations
US residents can donate to AlgomaTrad by credit card through our partner Givio. Donating through Givio is easy, and you will receive a tax receipt for the full US amount of your donation. An administrative fee of 4% of the value of the donation, plus a wire fee (if needed) to transfer the funds across the border, will be deducted from your donation.
US stock donations
US residents can also donate stock to AlgomaTrad through our partner Givio. Donating stocks to AlgomaTrad through Givio is easy, will save you the cost of any capital gains on your donated stock, and you will get a tax receipt for the full USD amount of your donation.
It is a simple process: you fill out one form to move the stocks to Stock Donator, which liquidates them and sends the funds to Givio, which transfers the funds across the border to AlgomaTrad and issues you a U.S. charitable tax receipt. Stock Donator is the most trusted name in stock donations for nonprofits, and Givio is a charitable foundation recognized by the IRS.
- Click the Donate Stock button and follow the prompts.
- Note: The Stock Donator Member Organization is: Givio Charitable Foundation
- Where it says For the following purpose put AlgomaTrad Music and Dance
- Choose Option 1 which has the necessary information regarding Stock Donator’s brokerage firm. You will get email notifications to confirm your stock donation.
- If necessary, contact your broker to move the stocks to Stock Donator
IMPORTANT – Since AlgomaTrad doesn’t receive frequent stock donations, please email either AlgomaTrad (email@example.com) or Gary Carr from GIVIO (firstname.lastname@example.org) when you start the process so Givio can track the progress and track the donation to AlgomaTrad. An administrative fee of 4% of the value of the donation, plus a wire fee (if required) to transfer the funds, will be deducted from your donation. You will receive a tax receipt for the full amount of the value of the stocks on the day they are liquidated.
Thank you so much for your support!