Donate Stock, Bonds and Mutual Funds

Donate your stocks, bonds and mutual funds to help us be a vital force in creating safe and dignified and programmatic facilities.

While time, money and construction supplies are the most common donations to HomeAid, there are several other ways to give as well, including donating your stocks.

This is a fast and simple process which can be done through an electronic transfer, or certificates can be donated through the mail.

Your generous donation of stocks or mutual funds will assist HomeAid in our mission of providing housing and programmatic facilities for families and individuals. A gift of appreciated securities provides increased value to HomeAid at a decreased cost to you.

Other benefits include:

• A charitable income tax deduction for the fair market value of the gift securities.

• Elimination of capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and donated the proceeds of the sale to HomeAid.

You should contact your stockbroker to arrange for transfer of the shares.

Donations of stocks allows us to ensure that even more individuals and families experiencing or at risk of homelessness across this country have the housing or programmatic facility at their time of need.

IRA Distribution

Support HomeAid with a Qualified Charitable Distribution from your IRA and satisfy your required minimum distribution while helping those in need.

• What is a qualified charitable distribution?

  • A qualified charitable distribution (QCD) is a distribution of funds from your IRA (other than a SEP or SIMPLE IRA) directly to a qualified charitable organization, such as HomeAid. Because the gift goes directly to the charity without passing through your hands, the dollar amount of the gift may be excluded from your taxable income up to a maximum of $100,000 annually, with some exceptions.  Please consult your tax advisor for information regarding your specific exceptions.

To learn more about QCDs, please visit IRS.gov »

• Who can make a qualified charitable distribution?

  • QCDs can be made by IRA owners who are age 70 1/2 or older. QCDs made prior to the age you are required to take a minimum distribution from your retirement assets (pre-Required Minimum Distribution QCDs) will not reduce or otherwise impact future Required Minimum Distribution.  Your tax advisor can provide additional information on your particular situation.

Many individuals who are required to take money from their IRA but do not need it for living expenses have chosen to make QCDs from their IRAs to support the work of HomeAid. This may make sense for you too!

To learn more about eligibility, please visit IRS.gov »

• How do I make a qualified charitable distribution to HomeAid?

  • Your QCD must be made directly from your IRA custodian to HomeAid on your behalf. Each financial institution has its own process for initiating a qualified charitable distribution. Account holders can sometimes find it challenging to access the right information. Many retirement plan administrators require you to use their distribution forms and comply with other requirements, so follow your financial institution’s forms and procedures to ensure you receive any potential tax benefits associated with this gift.