Subtracting the tax savings from what you originally paid for the stock can result in a gift that costs just pennies on the dollar. This is an excellent giving option for stock that have appreciated substantially in value.
In addition to the attractive tax benefits of a gift of stock or mutual fund shares, you will have the satisfaction of knowing that you are helping families achieve the dream of homeownerhip.
The fastest and easiest way to make a gift of stock is to have your broker perform an electronic transfer. You can also contact Twin Cities Habitat's broker at the following contact information:
Brokerage Firm: Robert W. Baird & Co.
Client Specialist: Carson Jones
Twin Cities Habitat's account number: 6495-0608
Twin Cities Habitat's tax ID: 36-3363171
DTC number: 0547
Finally, when you make a gift of securities, please contact us so we can acknowledge your gift in a timely and efficient manner. Or, for more information, contact Bryn Ford-Jacoby at Bryn.Ford-Jacoby@tchabitat.org or 612-305-7183.