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 find donation is 90%.
We must receive stocks and mutual fund contributions into our account by December 31, 2021 and before the available tax credits are sold for the year. In some cases,
transfers can take several weeks to complete, so please plan accordingly.
Step 1: Complete our Oregon IDA Tax Credit Donor Form and mail or upload (using our secure document transfer) your form to Neighborhood Partnerships, which enables us to connect your contribution to you as the contributor. 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.
Step 2: Transfer the securities from your account to the brokerage account for Neighborhood Partnerships (NP) at JP Morgan Chase. The NP Account information is:
DTC: 0352 JPMorgan Clearing Corp.
Account # 73539798
JPMorgan Clearing Corp.
4 Chase Metrotech Center
Mail Code NY1-C060
Brooklyn, NY 11245-0001
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. You may also contact Kevin Benefiel at (971) 240-4124 or Vince Caporale at (503) 698-7348 at JP Morgan Securities.
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; or Kevin Benefiel or Vince Caporale at JP Morgan Securities as soon as possible to see whether alternate arrangements can be made.
Step 3: We will monitor the NP brokerage account and sell the stocks or mutual funds as soon as possible after 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? Adam Lewis by email or phone: 541-207-8802.