We Welcome Stock and/or Mutual Fund Donations
Thank you for your interest in donating stock and/or mutual funds to Twin Cities Housing Development Corporation (TCHDC). Your donation will support programs and services for children, adults and families at the Liberty Plaza Resource Center.
Donating stock to a 501(c)(3) tax-exempt organization like the Twin Cities Housing Development Corporation and its Liberty Plaza Resource Center may provide significant tax advantages, as the appreciation in the stock's value may not be a taxable event, even when the tax-deduction is taken at the appreciated value of the stock.
It is simplest to transfer the stock electronically, if possible. That way documentation is generated by the broker for your records, and confirmation will also be sent to you from TCHDC shortly after the stock is received. You may also arrange to donate share certificates that are in your possession.
Either way, if you would like to donate, contact us in writing in advance of authorizing a stock transfer so we can make sure it is received properly.
Your initial written communication should contain:
· Donor's name
· Donor's complete mailing address
· Name of stock or fund being transferred and the number of shares
· Brokerage contact information, if an electronic transfer
· Intended date of the donation
· Purpose of donation (all donations will be utilized for general program operation, unless otherwise designated by the donor).
Send your letter to:
David Browne, Manager of Program Development
400 Selby Avenue, Suite C
St, Paul, MN 55102
Mr. Browne will contact you with instructions as to how to proceed.