Gifts that make an impact now

​IRA Charitable Rollover – A Permanent Giving Option

Many donors feel that the direct transfer of funds from an IRA is a great way to donate, and now it’s a permanent option.
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Here’s how it works:

• You must be 70 ½ years or older.
• An individual may transfer up to a total of $100,000 per year and a married couple may give up to $200,000.
• Your gift must be transferred directly from the IRA account to Flower City Habitat for Humanity.
• Your gift is a transfer of funds from your IRA to Flower City Habitat for Humanity, so it does not create taxable income for you and is not considered a charitable tax deduction.
• The transfer of funds counts towards your annual Required Minimum Distribution from your IRA.

Donor-Advised Funds: You may transfer funds from your Donor-Advised Fund to Flower City Habitat for Humanity.

Gifts of real estate: You may wish to transfer ownership of real estate to Flower City Habitat for Humanity. In doing so, you remove the property from your estate and relieve yourself of any future management worries. In addition, you can deduct the appraised value of the property from your income tax liability and avoid capital gains tax liability. If interested in this type of gift, please contact Ethel Duble to discuss further.
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Gifts of stock: Stocks, bonds, and mutual funds that have appreciated in value are among the best ways to help. You may receive a charitable income tax deduction for the full market value of the stock (up to a maximum of 30% of your adjusted gross income) and avoid paying the capital gains tax on any increase in the value of the stock.
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Cash: This type of gift is simple and eligible for a charitable tax deduction when you file your taxes.

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Flower City Habitat Planned Giving

Please contact Ethel Duble, Development & Marketing Director for more information.
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Email: eduble@rochesterhabitat.org
Phone: 585-546-1470 Ext. 305

​The content found on this page is general in nature and intended to be used for informational purposes only. It should not be relied upon as legal, tax, accounting or other professional advice. To determine how a gift or estate planning decision might affect your particular circumstances, it is expressly recommended that you consult an attorney, financial advisor or other qualified professional.