Our goal is to raise $25,000 in gifts from our community this year! WHY? Because we turn away over 800 households every year who need a safe, healthy and affordable place to live that only Homes First can provide.
YOU can help us reach that goal and by doing so allow us to provide more homes for more of your neighbors in 2019
You can be a HERO for HOUSING! Pledge to support Homes First now and into the future and join our Legion of Housing Heroes. Five years of commitment will help us know that we can continue to provide homes for more of our neighbors and make a real impact on the housing crisis in Thurston and Mason Counties.
Are you an employee of the State of Washington? The Combined Fund Drive offers the security and convenience you expect when making a donation to your favorite charity. You can choose a monthly payroll deduction, write a check, go online, make a one time pledge or fill out a paper form.
Homes First CFD Registration Number is 0316512.
Celebration Donation, an innovative way to honor, thank, and remember people you care about while helping low-income families and individuals in our community.
Use a Celebration Donation to commemorate the life of a loved one who valued our mission, celebrate the holidays or recognize birthdays, milestones, and special achievements. It is a particularly gracious expression of gratitude or a meaningful memorial for someone who has cared deeply about housing advocacy.
Questions: Contact Marge at 360-915-8176 or email@example.com
Donate a home or place Homes First in your will and cement your support of affordable housing for all and your legacy in your community. Partner with Homes First to make sure more homes in more neighborhoods provide safe, healthy, and affordable housing to those who need it most.
Questions: Trudy at firstname.lastname@example.org or 360-236-0920
A bequest is a gift made through your will or living trust and is a popular type of deferred gift. You may designate your gift to Homes First! where your donation will used to provide support for Homes First service in our community. Your bequest is your lasting legacy to Homes First! and its mission to create affordable homes in Thurston and Mason Counties. As you consider a bequest to Homes First, you and your attorney may find it helpful to have the following wording for different types of bequest provisions:
Percentage of Estate for Unrestricted Purposes
I hereby give, devise and bequeath to Homes First , a nonprofit in Olympia, WA, _____ percent (%) of the rest, residue and remainder of my estate as an unrestricted gift to be used in the area of greatest need at the time the gift is received.
A Specific Amount for Unrestricted Purposes
I hereby give, devise and bequeath to Homes First, a nonprofit in Olympia, WA, the sum of _______ dollars ($ ) as an unrestricted gift to be used in the area of greatest need at the time the gift is received.
Put Your Home Into a Trust for Homes First
If you transfer your house to a living trust, it will not be part of your probate estate when you die. You can specify in the trust deed that the trustee is to transfer the house to your intended heir the day after you die. By contrast, it could take months, or even longer, to transfer title to the house if it passes under your will and a probate court takes jurisdiction over it.
We can help you stay in your house for your lifetime and then help others in the future through your generous donation to Homes First
Consider Saving Yourself Taxes While Providing More Housing Opportunities
AFTER YEARS OF contributing to tax-deferred 401(k)s and IRAs, income tax is due on that money when you take withdrawals in retirement. Annual withdrawals from traditional retirement accounts are required after age 70 1/2, and the penalty for skipping a required minimum distribution is 50 percent of the amount that should have been withdrawn. However, if you are in the fortunate position of not needing your distribution for living expenses and are charitably inclined, you can avoid income tax on your required withdrawal by donating your money directly to a qualifying charity. Here’s how a qualified charitable distribution from your IRA can be used to help Homes First provide more homes and reduce your tax bill.
Meet the requirements. IRA owners must be age 70 1/2 or older to make a tax-free charitable contribution. Those who meet the age requirement can transfer up to $100,000 per year directly to an eligible charity without paying income tax on the transaction. If you file a joint tax return, your spouse can also make a charitable contribution of up to $100,000, meaning couples can exclude up to $200,000 of their retirement savings from income tax if they donate it to charity. If you donate more than the maximum allowable amount it is considered income and could be subject to income tax. Qualified charitable contributions must be made by December 31 each year in order to exclude that amount from taxable income.
Charitable contributions can only be made from IRAs, not 401(k)s or similar types of retirement accounts. So you might need to roll funds over from a 401(k) to an IRA if you want to make tax-free charitable contributions part of your retirement plan. You don’t need to itemize your taxes in order to make an IRA charitable distribution. However, you cannot additionally claim a charitable contribution tax deduction on a charitable distribution from your IRA. “You are not getting taxed on this money, so you don’t get to count it as a charitable deduction in addition,” says Jill Schlesinger, a certified financial planner and Senior CFP Board Ambassador.
Satisfy mandatory distributions. An IRA charitable contribution also satisfies the annual minimum distribution requirement for your IRA. “You can mitigate the required minimum distribution if you make a qualified charitable donation from the IRA,” says Steven Podnos, a certified financial planner for Wealth Care in Cocoa Beach, Florida. About half (49 percent) of Fidelity’s IRA customers had not yet taken their required minimum distribution for 2018 as of November 3, although they could have taken the distribution from another IRA not at Fidelity. An additional 12 percent of Fidelity account owners have taken a portion of their required distribution for 2018.