Stock Price Moved during in-kind donation process

[hameshatumkochaha]

Hello,

In the year 2020, I donated stocks.  I initiated the process with my broker on 12/23 who shows that on 12/24 the process was completed from my broker side and the stock was transferred.  The stock was received by the recipient's broker on 12/28 and sold at $118.54.  That's what the charity put in the letter.  On 12/23, the stock moved between $130-$131.  On 12/24, the stock moved around between $128-$129.  for simplicity sake, let's just say, it opened at $128 and closed at $129.  I want to use the correct donation amount.  What stock price should I use to calculate the donation?  The Charity is not willing to change their letter since they are saying they "received" $X based on $118.54 stock price at which their broker sold the stocks immediately after receiving.  

Thanks,

[DaveF1006]

According to this link from IRS.gov., the value of stocks and bonds is the FMV of a share or bond on the valuation date. So if the date of the contribution is the valuation day, According to this, the recipient broker received this on 12/28 so this the value that needs to be reported according to this IRS guideline.

[hameshatumkochaha]

Thanks for the response and the link to p561. 

I am sharing another article that others might find useful down the line: https://www.marottaonmoney.com/how-do-you-value-a-gift-of-stock-for-taxes/#:~:text=Ordinarily%2C%20t...