Your Gift Matters
Create a Lasting Impact with a Future Gift
When you include Hammer & NER in your estate plans, your generosity helps open doors for people with disabilities. Your legacy will ensure that those we support continue to thrive for generations to come.
Realize the Power of a Gift – Create Your Legacy
Wills and Living Trusts
Including Hammer & NER in your will or living trust is a simple way to create lasting opportunities for people with disabilities—while maintaining control of your assets.
Beneficiary Designations
Name Hammer & NER as a beneficiary on your retirement or life insurance account to make a lasting impact—easily and without updating your will.
Appreciated Stocks or Mutual Funds
Donate appreciated stocks or mutual funds to Hammer & NER to avoid capital gains taxes and make a lasting impact for people with disabilities.
Real Estate
Donating real estate can support Hammer & NER and offer tax benefits. Please consult your advisors before donating. We’ll help make the process smoothly.
Already included us in your estate plan? Let us know.
Contact Isaiah Allen, Chief Development Officer at 952-277-2436 or email Isaiah.allen@hammer.org
David Duxbury, Major Gifts Officer at 952-345-8519 or email David.Duxbury@hammer.org
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.
Wills and Living Trusts
A planned gift in your will or living trust, otherwise known as a bequest, is an incredible way to maximize your generosity with Hammer & NER. Your gift may be a specific dollar amount, a percentage of your estate, or the remainder after all other provisions are specified.
Wondering how you can utilize a planned gift to sustain Hammer & NER’s mission? You can use the following language as a template:
For an unrestricted gift that allows Hammer & NER to determine how to use the funds based on the most pressing needs, use the following language for your will and/or trust:
I give to Hammer Residences, Inc., a nonprofit corporation currently located in Wayzata, MN, or its successor thereto, _________ [written amount or percentage of the estate or description of property] for its unrestricted charitable use and purpose.”
To designate your provision for a particular purpose:
“I give to Hammer Residences, Inc., a nonprofit corporation currently located in Wayzata, MN, or its successor thereto, _________ [written amount or percentage of the estate or description of property]. This gift should be used for (state purpose) if and so long as Hammer Residences, Inc. determines that the need exists. If Hammer Residences, Inc. shall determine at the outset or at a later time that the need does not exist, or no longer exists or for some reason it is not possible (or prudent) to administer my gift as originally intended, then Hammer Residences, Inc. may, in its sole and uncontrolled discretion, direct the use of my bequest for a purpose related as closely as possible to that stated above.”
Questions?
Contact Isaiah Allen at 952-277-2436 or Isaiah.allen@hammer.org
or David Duxbury at 952-345-8519 or David.duxbury@hammer.org
Beneficiary Designations
For those who desire increased flexibility in their giving, it is possible to designate Hammer & NER as a beneficiary for things like:
- IRAs and retirement plans
- Life insurance policies
- Commercial annuities
Designating Hammer & NER as a beneficiary is quite simple. Your gift can be established by contacting your policy administrator and making the necessary changes. Have questions on how to get started? Contact Isaiah Allen at 952-277-2436 or Isaiah.allen@hammer.org or David Duxbury at 952-345-8519 or David.duxbury@hammer.org
Legal Name: Hammer Residences, Inc.
Address: 1909 Wayzata Blvd. Wayzata, MN 55391
Federal Tax ID Number (EIN): 41-0841103
Appreciated Stock or Mutual Funds
Appreciated securities like stock or mutual funds can be generously given to fuel Hammer & NER’s mission. Making a gift of stock or mutual funds offers a unique opportunity to maximize your generosity.
Most donors who consider this giving option prefer to make an outright gift directly to Hammer & NER. Other donors have placed a transfer on death (TOD) designation to transfer an account to Hammer & NER after their lifetime.
Would you like to make a gift of stock or mutual funds? Contact Isaiah Allen at 952-277-2436 or Isaiah.allen@hammer.org
or David Duxbury at 952-345-8519 or David.duxbury@hammer.org to transfer securities to Hammer & NER’s brokerage account.
Real Estate
Did you know that your home, vacation property, or land can be given as a gift to Hammer & NER? If you gift a property to Hammer & NER that you have owned for longer than one year, you qualify for a federal income tax deduction for the fair market value of the home and can minimize capital gains taxes.
You may desire to give a gift of real estate to Hammer & NER in the following ways:
- An outright gift. You can deed your property directly to Hammer & NER.
- A gift in your will or living trust. You can ask your legal advisor to add a few sentences to a will or trust document to gift the property to Hammer & NER after your lifetime.
- A bargain sale. You can sell a property directly to Hammer & NER for less than the fair market value of the property. The difference between the sale price and the actual value of the property is considered a gift to Hammer & NER.
For more information contact Isaiah Allen at 952-277-2436 or Isaiah.allen@hammer.org or David Duxbury at 952-345-8519 or David.duxbury@hammer.org