Donating stock that you have owned for more than one year may entitle you to a charitable tax deduction for the full market value at the time of donation. If the stock has appreciated, you may also avoid a capital gains tax on the appreciation. Since 501(c)(3) nonprofit organizations are not taxed when they sell stock, Milwaukee Habitat will receive the entire benefit of your gift.
Please consult your financial adviser to determine whether this is a good choice for you.
How to Donate Stocks, Mutual Funds or Other Assets
- Milwaukee Habitat needs to know the name of the stock, the number of shares, your name and address, and the designation of your gift so that we can credit it properly.
- To make a donation of stock to Habitat for Humanity, please arrange with your broker to transfer shares to:
Robert W. Baird & Company, Inc.
DTC Code: 0547
Broker of record for the account: Steven Tews
- Our normal procedure is to credit the donor with the median value of the stock on the day the shares go into our account.
- Questions or concerns contact:
Andy Heuer, Development Director, at 414-316-5609 / email@example.com
How to Donate Real Estate
Donating real estate can have many tax advantages. We are looking for donated houses to rehab in the Midtown neighborhood of Milwaukee (boundaries: 20th St. to 30th St. and North Ave. to Lisbon Ave). In most instances, we can assist with the transaction at no cost to the donor.