Thank you for your interest in donating to the Oregon IDA Initiative! Below you will find important information and steps on how to make your donation.
Important Information for Donors
- The Oregon Dept. of Revenue requires that we collect donor Social Security Numbers or Employee Identification Numbers.
- There is a $500,000 limit on tax credits an individual can claim on contributions per return filed. That would be a contribution of $555,555.
- The tax credit rate for a stock or mutual fund donation is 90%.
How to donate
Please keep in mind: We don’t receive any donor information with your stock donation, so it’s important to complete this form so we can attribute your stock donation to you and expediate your tax receipt.
Step 2: Transfer the securities from your account to the brokerage account for Neighborhood Partnerships (NP) at Piper Sandler.
Please Note: Transfers to the Neighborhood Partnerships brokerage account are completed through the DTC system. Not all securities are eligible to be transferred via the DTC system. Consult your brokerage firm or holding company to confirm that transfers through the DTC system are available.
If your securities are not eligible to be transferred through the DTC system, your donation will take additional time to process. Contact Adam Lewis by email or phone (541-207-8802) as soon as possible to see whether alternate arrangements can be made.
Step 3: Stocks or mutual funds are sold following completion of the transfer. The sale price will establish the final contribution value and the value of Oregon tax credits purchased. A receipt will be sent to you within 1 – 2 weeks of the transfer. For a copy of our stock donation policy containing more detail on valuation of stocks, please contact Adam Lewis by email or phone (541-207-8802).
The Neighborhood Partnerships federal tax ID # is 91-1943624.
Questions? Contact: Adam Lewis by email or phone: 541-207-8802.
We must receive wired fund transfers into our account by December 31, 2022 or before available tax credits are sold out for the year, whichever comes first. Because this process changes based on your financial institution, we encourage donors to purchase credits with ample time before credits sell out.