Other Ways to Give
Stock Gifts
A stock contribution to the North Penn United Way can realize two tax savings:
- Charitable deduction
Federal law permits taxpayers who itemize to deduct the current value of charitable contributions from their adjusted gross income.
- Avoid Capital Gains Tax
Stock contributors may have no tax liability for the difference between what they paid for the donated stock and its current fair market value.
Donors who wish to transfer a gift of stock directly from their brokerage account to United Way’s account may do so by providing their broker with the following information:
North Penn United Way
Federal Tax ID Number
23-1576820
1550 Cowpath Road
Hatfield, PA 19440
215-855-3002
Always consult your personal financial or tax advisor to determine the exact tax effect of your donation of stock to United Way. For more information, or to make a stock gift, call 215-855-3002.
Gifts In Kind
Gifts In Kind are items donated to qualifying agencies from companies or individuals. Items include home or office furniture, household items, computer equipment, and more.
To be eligible to receive donations, agencies must:
- Have 501(c)(3) tax exempt status from the Internal Revenue Service
- Provide human services
- Be located within the North Penn United Way service area
Donations must be used for the purpose of accomplishing the Agency’s mission and cannot resold or exchanged for money or services. Agencies must record all donations received as required by Internal Revenue/Treasury Department regulations.
To donate a Gift-In-Kind, please call 215-855-3002.