A gift of stock or mutual funds before December 31, could be your best way to maximize tax savings and meet your charitable giving goals this year.
Even if your stocks have lost value since you purchased them you can receive tremendous tax advantages. The key is in how you give the securities. Consult with your financial advisor and consider the following tips.
The Smart Way to Give Depreciated Stock
For stocks that have lost value (depreciated) the key is to sell them first and then give the cash proceeds to Habitat for Humanity Portland/Metro East. You are likely to qualify to benefit tax-wise in two ways – you can take both the loss deduction and the charitable deduction.
The Smart Way to Give Appreciated Stock
For stocks that have increased in value (appreciated), the key to receiving tax savings is to donate the shares directly to Habitat for Humanity Portland/Metro East. You receive a double tax benefit by:
Avoiding capital gains on the profit you’ve gained, and
Receiving a full tax deduction for the fair market value of your gift.
Making a stock gift is easy! Simply use the brokerage information below.
For gifts of appreciated securities, please provide your broker with the following information to facilitate the transfer of shares:
Tax ID: 93-0801200
Broker: Merrill Lynch
DTC Number: 5198
Account Number: 5F4-50X87
Account Name: Habitat for Humanity Portland
Phone: 1-800-926-1111
Please remind your broker to include your name, contact information, and any special instructions for use of the gift with your transfer, otherwise we will not know who the stock donation came from. To expedite the processing of your gift, we suggest that you contact us with information about the type of stock and number of shares, as well as any special considerations you may have. Please direct information about your gift and any other questions to Erika Read at 503-287-9529 x16 or by email at erika@habitatportlandmetro.org.
With much anticipation, Habitat is pleased to announce that we again featured as one of the 100 local nonprofits participating in the 2011 Give!Guide hosted by the Willamette Week. Aimed at new donors under 35 years old, the Give!Guide offers sweet incentives for donors and directs attention to local nonprofits. Featured under the Social Action catergory, Habitat is offering our own incentive for those who make a gift through the Give!Guide. Donate $100 or more to Habitat by midnight on December 31, and receive a Habitat ornament and be entered into a drawing for a $100 Ikea gift card!
To make your donations go even further, all donations made to Habitat will be matched by Acme Construction Supply, Co., up to $15,000! The 2011 Give!Guide catalog and website is published on Wednesday, November 9, and runs until midnight on December 31, 2011.
Donate to Habitat for Humanity Portland/Metro East through the Willamette Week Give!Guide and you win in a variety of ways:
Habitat will automatically enter you to win cool prizes, like $100 to Ikea!
Willamette Week will give you awesome prizes, like Stumptown coffee and Widmer Beer!
Habitat will mail you a keepsake ornament to keep for yourself or give as a gift.
You are helping to build your community, right here in the Portland Metro area, making poverty housing unacceptable!
Why Donate?
Oregon has recently been ranked number 1 for child hunger in the US, by the US Department of Agriculture. What does this have to do with Habitat? One of the main reasons children go hungry is because of the high cost of rent. Portland families are scrambling to keep a roof over their heads, and food sometimes comes second or third on the list.
Habitat is the solution to this housing crisis. Offering homeownership to hardworking low-income families with a 0%-interest mortgage after completing 500 sweat equity hours, Habitat is revitalizing whole neighborhoods, giving families a hand up, not a hand out. But the need is greater than ever before. There has been over a 100% increase in qualified families coming to Habitat for help. The need keeps growing; we will keep building. But we need your help!
*Habitat ornaments and Ikea gift card drawing is eligible for donations of $100 or more to Habitat for Humanity made through the Willamette Week’s 2011 Give!Guide. Winner will be notified in January 2012.
Hat’s off to everyone who attended Habitat’s Hard Hat & Black Tie Dinner and Auction on Friday, October 21. Over 300 people filled the Heritage Ballroom at The Governor Hotel and grooved to 1930s tunes, enjoyed dinner and tastings from Oregon’s top wineries and breweries and, of course, celebrated 30 years of Habitat building homes in the Portland Metro area.
“It was an amazing evening,” said Steve Messinetti.” It was so great to see our community come together, and we couldn’t ask for a better group of people to celebrate with than our Habitat supporters.”
The evening was a huge success, raising $207,000 toward building more homes for hardworking, low-income families in our community. A special thanks to The Campbell Group for underwriting this event, and to everyone who attended.
It’s happening once again. Top corporate executives from the Portland Metro area are blocking off half of their busy day to get out and build with Habitat. Don Pearson, Regional President of Wells Fargo, and Steve Johnson, CFO of the Parr Company, have stepped forward to co-host the fall 2011 Executive Build.
Participants will enjoy fresh roasted coffee provided by Nossa Familia Coffee Roasters at 7:45 a.m. and, after a brief safety review and build plan, will be hard at work building by 8:15. At 11:30, participants will have the opportunity to hear firsthand from a Habitat homeowner and enjoy a delicious lunch provided by Romano’s Macaroni Grill.
To extend the impact of the Executive Build beyond a fun day of networking and homebuilding, this year’s co-chairs have each stepped up to contribute $2,500 to help sponsor a home for the Ejigu-Kere family—and are challenging their peers to considering doing the same.
As Don Pearson said, “Executive Build presents a unique opportunity to help a deserving family achieve their dream of homeownership. Just think, by donating $2,500 and a half day of your time, local leaders can be part of raising enough funds to build a home! The impact is huge and demonstrates the influence of local businesses in our community.”
To sign up today to participate in the Executive Build, please contact Shannon Tennant at 503. 287.9529 x13 or shannon@habitatportlandmetro.org.
Habitat for Humanity Portland/Metro East is thrilled to welcome our 2011-2012 AmeriCorps! Our affiliate was incredibly fortunate to have been awarded seven AmeriCorps members that will serve in our Communications, Construction, Homeownership and Volunteer Departments. AmeriCorps members are a vital part of the success of Habitat’s mission and we are exited to have them join us.
Our affiliate is proud to welcome back Thomas Martens for another year as a Construction Crew Leader. James Duckworth hopes to one day be a teacher and is serving as one of our Construction Crew Leaders. Ellen Ginda served at our affiliate last year when her NCCC group made a stop in Portland to build homes. She is returning to Portland this year to serve as a Construction Crew Leader. Will Brechter recently moved from Pennsylvania to serve as a Volunteer Engagement Advocate and hopes to attend The University of Oregon next fall. Joanna Nordness served as an AmeriCorps with Habitat for Humanity in New Orleans and is excited to serve as a Construction Crew Leader in Portland. Leah O’Bryant is graciously serving a second year as an AmeriCorps. This year she will serve as Habitat’s Homeownership Program Assistant. Justin Collinson has nine years of Habitat for Humanity experience and is serving as a Construction Crew Leader.
We are fortunate to have them as part of our team and are honored by their level of dedication to their community.
Today marks the dedication of Habitat’s 500,000th home! And Habitat for Humanity Portland/Metro East has contributed to this amazing milestone, with over 200 homes build, right here, in our community.
In Maai Mahiu, Kenya, a joyful community is dedicating Habitat’s 500,000th home, while in Paterson, New Jersey, despite recent flooding, a group is busy raising the walls on the 500,001st. And here in our community, we are working hard to increase our homebuilding efforts by 50%, building 30 homes annually in the Portland/Gresham area.
So let’s honor these milestones, and everyone who has supported Habitat’s affordable housing efforts, and our commitment to serving even more families in the future.
To watch a fun video celebrating this event, click here.
Over $10,000 of material stolen from Habitat’s build site on SE 204th and Stark
September 28, 2011 (Gresham, Ore.) — The Gresham Police Department is responding to a theft of property at Habitat for Humanity Portland/Metro East’s Victoria Cottages build, leaving the site without a truck or tools that are essential to building homes for local families. The theft was discovered when construction staff and volunteers arrived to the site, located on SE 204th and SE Stark in Gresham, Oregon, this morning. As soon as they entered the site, staff noticed that the organization’s pick-up truck was missing and the tool trailer had been broken into and stripped of over $8,000 in brand new power tools and construction materials.
“It is a shame that this happened,” said David Bonn, Vice President of Housing Development. “We rely on donations to purchase materials needed to build homes for hardworking, deserving families. So now we will have to raise funds to replace the truck and tools needed to run this site.”
Victoria Cottages will become homes for eight local, hardworking families. It is Habitat’s most recent build site, and part of their latest fundraising campaign efforts to bring homeownership opportunities to neighborhoods that need it most.
To donate to Habitat for Humanity Portland/Metro East’s tool and truck fund, which will be used to replace the stolen items, visit their website at habitatportlandmetro.org and select Truck and Tool Fund as the program designation, or contact Erika Read at 503-287-9529 x16.
We are excited to tell you about an incredible opportunity we’ve been given to help more families in need build and buy decent and affordable homes!
Wells Fargo Housing Foundation has generously committed to match every dollar that you send in the next 30 days, up to $70,000.
There’s no better time to give — because every dollar you give today will be worth twice as much, helping to further our mission by building twice as many homes for families in our community in desperate need of a decent place to live.
Donate now and every dollar you give will go twice as far!
Habitat for Humanity Portland Metro/East was the proud recipient of the Strides for Equity Award at the Oregon Opportunity Network 2011 Awards Gala on September 12. Strides for Equity recognizes an organization that works hard at making their communities more equitable, including ensuring that Oregon’s hardworking families have an opportunity to build better lives. Habitat was selected as the winner of this award not only because they are one of the only organizations in the Portland Metro area that offers homeownership opportunities to families making as little as $21,900 (for a family of 4), but also because Habitat has also sold 80% of its homes to minority homeowners.
“We actively do outreach in our communities, partner with organizations that work with minorities and offer homeownership opportunities to families in neighborhoods that need it most,” said Steve Messinetti, President and CEO of Habitat. ”We are honored to receive this award, but know that the need to serve our community is greater than ever before. We look forward to continue partnering with even more hardworking families and helping these communities move from a vulnerable and fragile economic position, to a position of strength.”
BAKE! Register your pies by September 30, in up to four categories: Sweet, Savory, Gluten Free and Vegan. If you have more than one kind of pie to enter, please fill out one form for each kind. Our special guest judges will be Janette Kaden, owner of Tin Shed and Kate Withiam, pastry chef at Pacific Pie Co. Click here to enter your pie!
TASTE! Vote for your favorite pie to win the People’s Choice Award! $5 for 5 tastes, $8 for 10 tastes or$10 for 13 tastes.
Our affiliate is proud to welcome back Thomas Martens for another year as a Construction Crew Leader. James Duckworth hopes to one day be a teacher and is serving as one of our Construction Crew Leaders. Ellen Ginda served at our affiliate last year when her NCCC group made a stop in Portland to build homes. She is returning to Portland this year to serve as a Construction Crew Leader. Will Brechter recently moved from Pennsylvania to serve as a Volunteer Engagement Advocate and hopes to attend The University of Oregon next fall. Joanna Nordness served as an AmeriCorps with Habitat for Humanity in New Orleans and is excited to serve as a Construction Crew Leader in Portland. Leah O’Bryant is graciously serving a second year as an AmeriCorps. This year she will serve as Habitat’s Homeownership Program Assistant. Justin Collinson has nine years of Habitat for Humanity experience and is serving as a Construction Crew Leader.
Habitat for Humanity Portland Metro/East was the proud recipient of the Strides for Equity Award at the Oregon Opportunity Network 2011 Awards Gala on September 12. Strides for Equity recognizes an organization that works hard at making their communities more equitable, including ensuring that Oregon’s hardworking families have an opportunity to build better lives. Habitat was selected as the winner of this award not only because they are one of the only organizations in the Portland Metro area that offers homeownership opportunities to families making as little as $21,900 (for a family of 4), but also because Habitat has also sold 80% of its homes to minority homeowners.
