Stock Gifts Are A Win-Win!

Stock Gifts Are A Win-Win!

You and Hammer & NER both win when you donate appreciated stock. You may get a tax deduction (consult your tax accountant first) for the full value of the stock, as long as you have owned it for more than 12 months. You do not have to pay long-term capital gains on the amount the stock has increased in value. And Hammer & NER receives valuable support for our mission. Donate in three simple steps:

  1. Initiate the Stock Transfer
    Securities can be gifted to Hammer & NER via electronic transfer (in which your broker transfers shares using the Hammer & NER DTC number). It is necessary for you to contact your broker to initiate the transfer.
  2. Notify Us
    (952) 277-2433 or email Ellen.TBorer@hammer.org Please share the name of the stock you are donating and its approximate value.
  1. Send the Securities
    Ask your broker to donate through:
    Vanguard Brokerage Account
    Account Name: Hammer Residences Inc.
    Account Address: 1909 Wayzata Blvd, Wayzata MN 55391
    Account Number: 41783146
    DTC Number: 0062

Thank you in advance for your support!

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