Thank you for considering a donation to our organization. Each year, 1,460 generous donors like you help to expand our reach and champion our mission of eliminating racism and empowering women and girls, and promoting peace, justice, freedom and dignity for all. YWCA is a 501(c)3 nonprofit organization and depends on contributions from individuals, corporations and foundations to empower thousands of individuals each year. Your contribution to YWCA Minneapolis is tax-deductible. Tax ID Number: 41-0693891
Donate by Mail
Make check payable to YWCA Minneapolis, write “Donation” on memo line and mail to:
Organizational Advancement
YWCA Minneapolis
1130 Nicollet Mall
Minneapolis, MN 55403
You can easily make a donation online or find more information below about the many planned giving options available. All are powerful ways to give and support YWCA’s work into the future. For additional information, please email us or call 612-215-4158.
Giving Options
Donor Advised Funds
Gifts from a donor advised fund (DAF) have become popular vehicles for charitable giving due to the favorable tax benefits they can provide and to centralize donors’ philanthropic giving. Simply contact your sponsoring financial or community institution to recommend a grant to YWCA Minneapolis (or any other charity).
Donate Stock
Gifts of securities which have gone up in value since their purchase can provide additional benefits:
- You receive a charitable income tax deduction equal to the fair market value of the securities if they have been held longer than one year;
- You avoid capital gains tax.
How to Transfer Stock
Please call us at 612-215-4158 and let us know you are making a gift of stock. This is important to ensure proper receipt and acknowledgment of your gift. Then, you can select an electronic or physical transfer.
Electronic Transfer
Direct electronic stock transfer to:
National Financial Services, LLC
DTC: 0226
Account: 638-099582, YWCA of Minneapolis
Please call us at 612-215-4158 and let us know you are making a gift of stock, so that we can properly acknowledge your gift.
Physical Transfer
You can forward your stock certificate(s) directly to YWCA Minneapolis. Each stock certificate requires a stock power form. The stock powers should be signed and the signature guaranteed by your local bank or broker.
Mail the stock powers, along with a letter indicating your intent to make a gift, to the address below. Under separate cover, send the stock certificate(s) to the same address.
We recommend that you send the certificate(s) via registered mail or deliver them in person to:
YWCA Minneapolis
Organizational Advancement Department
1130 Nicollet Mall
Minneapolis, MN 55403
Qualified Charitable Distributions
The Qualified Charitable Distribution law allows individuals 70½ or older to give up to $100,000 directly from their IRA to one or more qualified charities without paying federal income tax on the withdrawal. Donors who wish to make a gift to benefit YWCA Minneapolis or who are fulfilling an existing pledge may choose to make a qualified charitable distribution from their IRA.
Qualified Charitable Distribution Details:
- Donors must be age 70½ or older at the time the gift is made.
- A Qualified Charitable Distribution (QCD), also called an IRA charitable rollover, can only be made from an IRA (excluding an ongoing SEP or SIMPLE IRA). Owners of other types of retirement accounts such as 401(k) or 403(b) accounts can, however, roll money from those other retirement accounts over to their IRA and then donate it tax free as a QCD. Donors should consult with their advisor before doing so.
- Donors must ask their plan administrator to make a direct transfer of funds to a qualified public charity. It is important not to withdraw funds before making a gift.
- Gifts cannot be used to fund a gift annuity or charitable remainder trust.
- Each donor may give up to $100,000 per year. For couples, each spouse may give up to $100,000 from their IRA.
- Distributions made under this law can be used to satisfy the donor’s required minimum distribution (RMD). However, qualified charitable distributions are not limited to the donor’s RMD.
- Donors can choose to exclude the distribution from income on their federal tax return. If they do, they will not receive a charitable income tax deduction.
- To qualify for tax-free treatment, donors cannot receive goods, services, or a personal benefit (such as tickets for events) in return for the IRA charitable rollover gift.
To make a gift to YWCA Minneapolis from an IRA, contact your IRA plan administrator and request a direct qualified charitable distribution from the IRA account to YWCA Minneapolis, a 501(c) (3) organization.
Mail the check to:
YWCA Minneapolis
Attn: Organizational Advancement
Minneapolis, MN 55403
Please contact YWCA Minneapolis at 612-215-4158, or the person you work with at YWCA to inform us of your gift and to let us know how we should direct it.
Legacy Society Giving
Bequest
A legacy gift is usually made through a gifting clause in one’s estate plan.
Bequests can be created through:
Will or Trust
- General Bequest is a gift of a stated sum or percentage of money.
- Residuary Bequest is a gift of the remainder of your estate after all other bequests, debts and taxes have been paid.
- Contingent Bequest is made on the condition that a certain event must occur before distribution to the beneficiary.
Qualified Retirement Plan Assets
Individual Retirement Account (IRA), 401(k), 403(b) and other retirement assets are subject to significant taxes if left to family members at one’s death. If left to YWCA Minneapolis, we can withdraw pretax monies without paying income tax, thus maximizing your gift. Gifting qualified retirement assets to YWCA Minneapolis may also reduce the size of your taxable estate.
Life Insurance
A gift of life insurance is a simple way to make a legacy gift. Name YWCA Minneapolis as a partial, full or remainder beneficiary on your policy
Charitable Gift Annuities
A contract between you and YWCA Minneapolis. In exchange for cash or securities, YWCA Minneapolis will pay you and/or another beneficiary a fixed lifetime income. Your rate depends on your age; the older you are, the higher the rate.
Disclaimer
Information on this website is not intended as legal or tax advice. For information on how any gift may affect your tax situation, please consult with your own professional advisor. View our donor privacy policy here.
For additional information, please email us or call 612-215-4158.