Acting As Agent

One of the greatest advantages of using AssetStream is the fact that we serve as agent for the charitable organization. This means that when properly executed documents are delivered to the AssetStream Gift Processing Center, the gift is legally and irrevocably complete. Compare this to current practices where donors instruct their brokers to transfer securities to the charity’s account. In such case, the broker is acting as agent for the donor; therefore, the gift is not deemed complete until it is actually received in the charity’s account. The AssetStream system dramatically shortens this process.

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