Giving of Stock, Bonds and Mutual Funds

Thank you for your interest in making a donation of stock to Atlanta Habitat for Humanity.  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 Atlanta Habitat's account.  Please ensure that the stock is transferred to our account before being sold. Note that it is Atlanta Habitat’s policy to sell gifts of stock immediately upon receipt. An acknowledgement from Atlanta Habitat will be sent crediting you with a gift of the average of the high and low for the day the stock was transferred into Atlanta Habitat's account. You may use this for tax purposes.

To initiate a stock gift to Atlanta Habitat, please provide your broker with the following information:

Brokerage: SunTrust Investments
Contact: Kristen Plowman
Phone: 404-813-7311
Fax: 404-214-8878
Email: Kristen Plowman 

Your broker will need to know the name of the stock you wish to donate as well as the number of shares and instructions for designating the funds (i.e. unrestricted gift, house construction, homeowner education, etc.).

Once the stock is transferred, please email, fax (404-223-5103) or mail the stock information to Atlanta Habitat for Humanity including:

• type of stock and number of shares
• donor’s name and address
• date transferred
• designation of your gift (i.e. unrestricted, house construction, homeowner education, etc.)

If you have any questions, please email the Director of Development or call 404-223-5180, ext. 128.

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 70 ½ 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 Atlanta Habitat in your philanthropic priorities. As with all major charitable contributions, please consult your tax and financial advisors before making distributions.