Skip to main content
No. of Recommendations: 2
I work for a nonprofit where we have a donor who donates stock in his publicly traded company to us every year in the form of stock certificates mailed to us in our name. There are definitely a ton of hoops to jump through to get them sold, or at least processed into our brokerage account to an electronic form where our investment advisor can sell them if they choose, like they would normally. Fortunately our investment advisor firm has someone who is really good at that paperwork and makes it easy for us (and by "us" I mean "me", who has to sign all the stuff).

Like you, I'm surprised Fidelity hasn't been able to do a better job for you. It doesn't sound like it should be that unusual for them. It also doesn't sound like your shares are "restricted" (originally held by a company insider). Ours are, and that creates a whole other set of hoops. I'll second the idea that you might have a conversation with the nonprofit that you are donating to. If they are large enough, they may have access to someone who can make the process easy.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.