Typical Timeline
Stage | Description | Timing |
1. Donor initiates transfer | They send shares from their brokerage to ours | Day 0 |
2. Shares arrive in IG’s custody | We match the donation to pledge your org’s account | Day 2–5 (depends on donor’s brokerage) |
3. IG sells the shares | Proceeds move into your brokerage account | Same or next business day after arrival |
4. Funds settle | SEC-required settlement period (T+2) | 2 business days after sale |
5. Funds available for use | You can invest, withdraw, or leave in cash balance | Day 5–7 from donor submission |
What You See in Your Dashboard
Status Displayed | What It Means |
Pledged | Your donor has filled out your stock donation form and received instructions on where to send the stock gift |
Processing | Stock has been received in your brokerage account. It will be sold and the proceeds sent to your connected checking account |
Complete | Funds have cleared and an ACH has been sent to your account |