Charitable Investments

Learn how you can transfer stock, make a charitable distribution from investments, or designate Food for Lane County as a beneficiary in your will, trust or other accounts.

Charitable Investments

Learn how you can transfer stock, make a charitable distribution from investments, or designate Food for Lane County as a beneficiary in your will, trust or other accounts.

Donating appreciated stock can be a tax-efficient way to support our mission, allowing you to make a substantial gift while potentially realizing greater tax savings than if you were to donate cash from the sale of those assets.

Always consult with your financial advisor or a tax professional to understand how these benefits apply to your specific financial situation and to ensure the donation process is handled correctly.

You may transfer stock to Food for Lane County in a couple ways: By electronic transfer (DTC) between your broker and ours, or by sending a stock certificate and a stock power of attorney form to us in separate envelopes. Essentially, this form acts like a permission slip for your broker or transfer agent to move the shares from your name to a nonprofit like ours. If the shares are held electronically in a brokerage account, which is common, the stock power or an equivalent electronic authorization instructs your broker to make the transfer. We are happy to help discuss options with you and appreciate that you’re considering this important gift.

Option 1: By electronic transfer (DTC) between your broker and ours. This is the easiest and most efficient way to handle a stock transaction.

Please call to notify us of your intent to make a gift of stock and provide us with the following information so that we may properly record and acknowledge your gift:

  • Your broker’s name and phone number
  • The name of the stock
  • The number of shares you plan to transfer

Call or write your broker with the following information to facilitate the transfer:

Charles Schwab & Co. Inc.
AS Document Control
1945 Northwestern Drive
El Paso, TX 79912
Phone: 800-435-4000
DTC # 0164
Code: 40
Account Name: Food for Lane County
Account Number: 7144-7192

Option 2: Provide a stock certificate and a stock power in separate envelopes. We thank you for your generosity and look forward to receiving your gift. Food for Lane County’s tax ID number is 93-0888347

If you are over age 70½ and meet other qualifications, you can make a Qualified Charitable Distribution (QCD) from your traditional or Roth IRA and support our work while realizing tax benefits.

How to make a qualified charitable distribution

Food for Lane County works to reduce hunger by engaging our community to create access to food, and your Qualified Charitable Distribution (QCD) from an IRA can have a significant impact. A QCD from your traditional or Roth IRA supports our work and avoids an increase your taxable income.

You can make a QCD gift if:

  • You are over the age 70½
  • You transfer funds directly from a traditional IRA or a Roth IRA, and your IRA gifts for a given tax year total $100,000 or less
  • You transfer the gift outright to one or more public charities such as Food for Lane County, but not to supporting organizations, donor advised funds, charitable trusts or gift annuities

There are two ways to make a QCD :

Option 1: Complete the form your IRA Custodian has provided and use our Tax ID number 93-0888347

Option 2: If your custodian has provided checks to use for your IRA distributions, make the check payable to “Food for Lane County” and note “Qualified Charitable Distribution” in the memo line.

  • Remember, the tax benefits of an IRA Rollover will not apply if you make the distribution check out to your name and then donate that amount to charity. To qualify as a “QCD” it must come directly from your account to Food for Lane County.
  • If your administrator provides you an IRA checkbook, please note that the date of your QCD is NOT the date you send the distribution check, but the date that your IRA administrator transfers the funds to the charity. If you want your distribution check to be credited toward the current tax year, it is critical that you mail your check several weeks before the end of the year to ensure there is time for the check to be received by us and to clear your account. This is especially true if you are relying on those gifts to fulfill your required minimum distribution.
  • Send your QCD check to: Food for Lane County, 770 Bailey Hill Road, Eugene, OR 97402

Please note that QCDs can only be made from traditional and Roth IRA accounts. 401(k), 403(b), SEP and SIMPLE plans do not qualify for the QCD gift option.

Please consult with your tax planner or financial advisor before making any decisions regarding your investments.

Legal Name, Address & Tax ID:

Food for Lane County
770 Bailey Hill Road
Eugene, OR  97402
Federal Tax ID: 93-0888347

Designating Food for Lane County in your will or trust — often referred to as planned or legacy giving — offers many benefits for both you, as a donor, and for our organization. A gift in your will or trust allows you to make a significant and lasting impact.

Legacy gifts can take many forms, including:

  • A specific bequest: Designating a specific dollar amount or asset.
  • A percentage of your estate: Allocating a portion of your estate’s total value.
  • A residual bequest: Gifting what remains of your estate after all other bequests and expenses have been paid.
  • Contingent bequest: Making the gift conditional upon certain events (e.g., if primary beneficiaries do not survive you).
  • Designating us as a beneficiary of a retirement plan or life insurance policy, for example.

If you do not have an up-to-date plan in place, you can create a legal will for free in just 20 minutes using a trusted online resource from our partners at FreeWill. If you plan to use an attorney to create or update your will or trust, you can save time by using FreeWill to document your wishes beforehand.

Have you already designated a gift in your will or trust?

Please take a minute to fill out this form so we can thank you for your lasting commitment to our mission and ensure our records are up-to-date!

In addition to making a planned gift through your will or trust, you can name Food for Lane County as a beneficiary for other assets, such was an IRA, 401(k), life insurance policy or any accounts that need to be planned for separately. We make it easy to plan beneficiaries for all of your non-probate assets.

Using the free online tool at FreeWill, you can log all of your assets, name Food for Lane County as the beneficiary and receive printable instructions on how to set each one up with your broker.

A note regarding privacy

The privacy of donors, prospective donors, website visitors and members of the general public is important to us. To ensure that all donors receive respect and trust, we adhere to the Donor Bill of Rights. Of the revenue we receive from all sources, 92% is spent on program functions. Only 8% is spent on administrative costs. Charity Navigator gives us a 4-star rating for financial health, accountability and transparency. We also have a platinum level seal of transparency from GuideStar. Food for Lane County’s Tax ID number is 93-0888347.

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