Join Habitat for Humanity of Lake-Sumter in creating a Lake-Sumter where everyone has a safe place to call home. Receive tax benefits and make the most of your contribution by donating non-cash assets.

DAF

A donor-advised fund, or DAF, is a charitable giving program that allows you to combine the most favorable tax benefits with the flexibility to support your favorite causes.

Donor-advised funds can easily be set up through a community foundation or your financial institution. If you already have a donor-advised fund, you can recommend grants to support Habitat for Humanity Lake-Sumter

Why a DAF could be right for you:

• DAFs allows you to donate cash, stock and other assets as charitable gifts over several years.
• DAFs provide a flexible and easy method of giving if you support multiple charities.
• DAFs can be used to complement or replace a private foundation.
• Your donor-advised fund gift to Habitat will help families in your community build a better life starting with decent, affordable housing.

Qualified Charitable Distributions

Use your IRA to make tax-free gifts that benefit you and our mission.

This popular gift option was commonly referred to as an IRA charitable rollover and is now known as a qualified charitable distribution, or QCD for short.

 When you make a Qualified Charitable Distribution from your IRA to Habitat Lake-Sumter, you not only reduce your tax burden, you’ll help more people have access to affordable homes.

 You must be 70½ or older, and if you are required to take minimum distributions (RMD) at 73 or older, this gift will satisfy all or part of your obligation.

 How a QCD works

• You are at least 70½ years old
• Reduces taxable income
• Counts towards your Required Minimum Distribution for the year (if you are 73 or older)
• Your QCD goes directly to Habitat Lake-Sumter, making an immediate impact towards our mission to build safe, affordable homes! 

 Information to initiate your QCD gift:

• Legal Name: Habitat for Humanity of Lake-Sumter, Florida
• Tax Identification Number (EIN): 59-2958036
• Administrative Address: 1806 S. Bay St. Eustis, FL 32726

 Be sure to check with your professional advisor to determine whether this gift plan is right for you. This information is not meant as tax or legal advice.

 IRA institutions don’t always include donor names, contact information, or designations with the gift, which can delay your tax receipt and potentially result in tax liabilities. If you choose this popular way to support us, please notify us at Kim@habitatLS.org or call 352-483-0434 x 141 with the following information:

• Your full name, mailing address, and phone number
• Name of the financial institution
• The date you made the request
• Amount of gift

 To ensure your gift is credited toward the correct tax year, please request your transfer by December 1, especially if you are relying on this gift to fulfill your Required Minimum Distribution.

Gifts of stock

Stocks, bonds and mutual funds that have appreciated in value are among the most financially advantageous to ensure all people can partner with Habitat for Humanity to have affordable, safe housing.

As with all gift planning, you should consult your financial adviser to help you get started with recommending a grant, non-cash asset, or bequest to Habitat for Humanity Lake-Sumter.