Stock Giving Terms of Service and Use
We (the folks at Simple) run a platform used for processing payments and managing donations for faith-based organizations ("Customers"). We love what we do and would love for you to use our service.
We partnered with Engiven, who simplifies complex donations.
By using Simple ("Service"), you are agreeing to be bound by the following terms and conditions ("Terms of Service") related to your use of our website and services.
440 West, LLC, d/b/a Simple, ("Company") reserves the right to update and change these Terms of Service without notice.
Stock Giving Terms
The stock giving option utilizes a fiscal sponsor, Engiven Foundation, a component fund of Renaissance Charitable Foundation Inc. (“REN”), a 501(c)(3) public charity (EIN 35-2129262). Gifts of stock made by your donors will be made to Engiven Stock Foundation, with the resulting USD proceeds designated for grant to your nonprofit organization.
In very rare situations, Engiven Stock Foundation may not be able to grant the donation proceeds to your organization when, for example, your organization falls out of compliance with a federal or state regulatory authority. If Engiven Stock Foundation cannot grant the donation to your organization, Engiven Stock Foundation may return the proceeds of the donation to the donor, contact the donor for an alternate recommendation, or select an alternate recipient nonprofit.
Proceeds from stock gifts made to your organization are dispersed from the Engiven Stock Foundation to your organization via mailed check after the gift of stock has been liquidated and the grant has been processed by REN.
Customers agree to the full Simple Terms.