Gifts of Stock

Stocks - Bonds - Mutual Funds

Appreciated securities such as stocks, bonds or mutual fund shares are often contributed to Indian River Habitat for Humanity.  As a loyal IRHFH donor, you may wish to consider the tax benefits of making a gift of appreciated securities.  This method of giving may double your tax benefit. For example:

• You purchased 100 shares of stock at a cost of $2,000 in 1985, which are valued at $10,000 today.  If you sold all 100 shares of this security, you'd owe a capital gains tax of 15% on the $8,00 gain, or $1,200.
• If you itemize your return, you can receive an income tax charitable deduction for a contribution of appreciated securities; those owned for longer than a year are deductible at full, fair, market value.  You also avoid triggering the capital gains tax.
• By donating the 100 shares of stocks rather than selling them, you could save up to $2,500 income taxes and $1,200 in capital gains taxes.  This is a greater savings than you would receive by donating cash to IRHFH or by selling the securities and donating the proceeds.

How to Donate

• The easiest and fastest way to donate stock to Indian River Habitat for Humanity is to ask your broker to electronically transfer directly from your brokerage account to IRHFH's account.  Your broker will need the following information to complete a transfer:

DTC #5198
Account Name Indian River County Habitat for Humanity
Account Number 736-04191
Brokerage  Merrill Lynch

Please notify us by printing, completing, and faxing this form when making an electronic transfer of stock.  You may also notify us of your gift by emailing plannedgiving@irchabitat.org or phoning 772-562-9860 x 209.

•  If you have an actual certificate, you can mail the unendorsed certificate and a signed stock power (in separate envelopes) to Indian River Habitat for Humanity, 4568 N US Highway 1, Vero Beach, FL  32967; attention: Development Manager.

Indian River County Habitat for Humanity's tax ID number is 65-0230079.