ywca Minneapolis

Other Donation Options

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 acknowledgement 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


IRA Charitable Rollover

The now permanently extended IRA Charitable Rollover 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.

IRA Charitable Rollover Details: 

  • Donors must be age 70½ or older at the time the gift is made.
  • Only traditional IRAs are eligible. However, owners of other types of qualified plans may roll assets into a new IRA to allow them to make gifts if such a rollover is otherwise permitted. 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
1130 Nicollet Mall
Minneapolis, MN 55403

Please contact the YWCA Minneapolis at 612-215-4158, or the person you work with at the YWCA to inform us of your gift and to let us know how we should direct it. 


Donate by Mail

  • Make check payable to YWCA Minneapolis
  • Write "Donation" in reference
  • Mail to:

Organizational Advancement
YWCA Minneapolis
1130 Nicollet Mall
Minneapolis, MN  55403


Support the YWCA Fitness Scholarship Fund

While anyone is welcome to support the YWCA's Fitness Scholarship Fund, this is an especially great opportunity for our Fitness Members who want to support YWCA Minneapolis by making a tax-deductible contribution above and beyond their monthly Health & Fitness membership fees.

  • Set up a monthly or one-time contribution and designate the contribution to Health and Wellness Scholarships. Automatic monthly donations are the easiest way to support the YWCA year-round and to maximize your giving. (For example, $10 a month is a $120 annual donation!)
  • Meet with a Membership Advisor to set up a monthly or one-time donation added to your monthly membership dues.

Tax ID Number

ID 41-0693891


Your Contribution

Your contribution to YWCA Minneapolis is tax-deductible. The YWCA is a 501(c)(3) nonprofit organization, and depends on contributions from individuals, corporations and foundations to empower thousands of individuals each year.

For additional information, please email or call 612-215-4158.


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.