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Distributions from an SERP will be taxed as compensation income, and in fact will likely be subject to payroll taxes.  And you will not be able to effect a "rollover" to an IRA, which might then be used as a vechicle for QCDs.  Of course you could, subject to contribution limits, etc. take taxable distributions from the SERP and make corresponding contribu...

If they were legally still in a position to give instructions to the broker that the broker was obliged to follow, the gift was not yet complete.  Sorry to say.  Were there other communications surround this gift? did you know it was coming? if it had not been for the snag with the DTC number would the broker have been taking direction from you rather than the d...

Jeff and Kimberley,  Many thanks for your very helpful advice. This gives me more to investigate.  Best, Tim 

Is there a way for a donor to make a charitable gift from a non-qualified deferred compensation plan -- in this case a Supplemental Employee Retirement Plan (SERP).  A donor will start receiving payouts from such a plan in two years and would like to give us his payments without having to recognize the income, similar to an IRA QCD.  From what I've discovere...

Good morning,

Last summer, our stock transfer information changed from our broker.  It was the same broker but new DTC number.  We did notify stock donors through a mailing and then sent a follow up email in the fall.

One our donors made a $25,000 stock gift at the end of the year but sent it to the former DTC #.  It was rejected twice and finally sent to correct n...

Barbara,

Thank you for the helpful suggestion.  I'll definitely take a look, and I may reach out to our local art museum.

Kirk