Stocks, Bonds, & Mutual Funds

Thank you for your interest in making a donation of stock to Habitat for Humanity of Elkhart County. Please talk with your financial advisor, attorney or accountant to determine if this type of gift is a good choice for you.

For security and simplicity, we recommend that you make a direct transfer of securities to Habitat for Humanity of Elkhart County's account. Please ensure that the stock is transferred to our account before being sold.

Note: It is Habitat for Humanity of Elkhart County's policy to sell gifts of stock immediately upon receipt. An acknowledgement from Habitat for Humanity of Elkhart County will be sent crediting you with a gift of the average of the high and low for the day the stock was transferred into the Habitat for Humanity of Elkhart County's account.

For more information, please e-mail info@habitatec.com or call (574) 533-6109.

IRA Rollover Extended

On October 3, 2008, Congress passed and President Bush signed the Emergency Economic Stabilization Act of 2008 (H.R. 1424), which included a two-year extension of the IRA Rollover provision. The provision was retroactive to January 1, 2008 and will apply to gifts made from that date through December 31, 2009.

Prior to the enactment of the IRA charitable rollover, donors who wished to make charitable contributions of traditional IRA assets could have suffered negative tax consequences. The provision exempts from taxable income any funds transferred from an eligible donor's IRA to a charitable organization. To be eligible for the exemption a donor must be 70½ years of age or older and the contribution must be a direct gift to a charity (planned gifts do not apply). The annual cap for the exemption is $100,000 per person. If you are eligible for this charitable rollover, we hope you will include the Habitat for Humanity of Elkhart County in your philanthropic priorities. As with all major charitable contributions, please consult your tax and financial advisors before making distributions.