Legacy Giving

You can create a grant recommendation from your donor-advised fund to support Midcoast Habitat for Humanity.

Final distribution of contributions remaining in a donor-advised fund is governed by the contract you completed when you created your fund. Please consider naming Habitat as a successor of your account. Alternatively, you can name us as the successor for a portion of the account value, leaving the remaining portion for your heirs.

As with all gift planning, you should consult with your tax advisor and lawyer to determine what planned gift strategy is best for your current tax situation and income requirements. Consulting estate-planning professionals will ensure that your wishes to make a lasting impact will be fulfilled.

Talk to your financial advisor, lawyer, or estate planner about including a gift to Midcoast Habitat in your will. Should they have any questions, they can contact admin@midcoasthabitat.org

A bequest to Midcoast Habitat creates a memorial that lives on and helps change lives for local families for generations to come. Ask your attorney to include a bequest to Midcoast Habitat for Humanity in your will.

Sample Bequest Language:

“After taking care of all expenses, debts and other provisions, I give, devise and bequeath ___ percent of the rest and residue [or $___ if a specific amount] to Midcoast Habitat for Humanity [Tax ID# 01-0455355] currently with administrative offices at 680 Commercial Street, Rockport, ME 04856.”

If you have a life insurance policy that has outlasted its original purpose, you can use it to fund a legacy gift while enjoying tax savings during your lifetime.

Please consult with your tax accountant or financial planner for proper guidance.

Many people choose to name a charity as a beneficiary of a retirement plan to reduce their taxes and empower families to become self-reliant homeowners.

Certain tax provisions allow individuals to make distributions from their IRA accounts directly to a charity without recognizing the distribution as income and is, therefore, not taxable.

You’d like to help but need the income; or maybe you have a highly-appreciated stock that pays a low dividend but don’t want to trigger the capital gains tax. Whether funded with cash or stock, a gift annuity will provide a handsome cash flow that may be partially tax-free! You’ll also get a partial tax deduction now.

Do you have shares on long-term appreciated stock you might consider donating? You can simply transfer these shares directly to Midcoast Habitat for Humanity. You’ll get a full tax deduction for the entire market value, avoid capital gains, and do your part in helping to create stronger communities.

To transfer stock, please contact your investment company and provide them with our account information:
Allen Wealth Management Account Number: B3S668224
DTC #: 0226
Receiving Account Name: Midcoast Habitat for Humanity