‘Tis the Season of Giving: Make it Count for Habitat Families
Gifts given at the end of the year can go a really long way when supporting Twin Cities Habitat families as they pursue their dreams of homeownership.
2 min read
Twin Cities Habitat for Humanity : 12:47 PM on December 11, 2023
They say it’s better to give than to receive. What better time to give from the heart and support your community than during the holiday season? At Twin Cities Habitat for Humanity, we welcome your generosity and are here to guide you through the process of giving from a donor-advised fund (DAF).
You can also make a significant difference in the lives of local families by donating stocks, cash, and other assets. Here is some helpful information about DAFs and other ways to donate.
A DAF is a simple, flexible, and tax-advantageous way to support your favorite charities. It gives you the ability to make philanthropic contributions, receive immediate tax benefits, and recommend grants to nonprofit organizations that are near to your heart. Since DAFs offer flexibility, tax advantages, and the power to support a cause that means most to you, they are a smart and strategic way to maximize the impact of your giving.
The best gift of all? The feeling you get knowing you are making a difference in the lives of others in your community.
Establish a giving account and make your first tax-deductible donation.
Decided how you want to fund the account and how often. Grow your donation like an investment - tax-free!
Support your favorite nonprofits over time with grant dollars from your fund.
While stocks and cash are often the most popular donation choices, DAFs also support the donation of various other assets, such as real estate, mutual funds, or non-publicly traded assets.
By donating appreciated stock to an organization of your choosing, you can potentially enjoy substantial tax benefits, bypass capital gains tax, and qualify for a tax deduction equal to the stock’s fair market value on the date of the donation.
Donating stocks is easier than it might seem at first. Your stockbroker or investment firm is well-versed in this and will be there to help you.
Let your personal broker or firm know you’d like to make a charitable stock donation. Then, provide them with the details of the organization you would like to support. Include the organization's EIN number and contact information. Your broker will handle transferring the stocks to your organization of choice.
Many organizations, including Twin Cities Habitat for Humanity, rely on cash donations to continue providing valuable resources towards their cause(s). Cash gifts deliver an immediate impact, whether you opt to give once or on a recurring basis.
Need more great reasons to give? The holiday season is a great time to spread joy in your community. As you prepare to celebrate the holidays and share the joy with your loved ones, consider the power you have to make a lasting impact on the lives of families in your community through a gift to Twin Cities Habitat for Humanity. Your contribution helps Twin Cities Habitat’s mission of creating, preserving, and promoting affordable homeownership and advancing racial equity in housing.
Your gift unlocks bright futures! Donate now to create, preserve, and promote affordable homeownership in the Twin Cities.
Gifts given at the end of the year can go a really long way when supporting Twin Cities Habitat families as they pursue their dreams of homeownership.
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