You can make a contribution to Project Open Hand at your workplace through the United Way. Simply write in Project Open Hand and our account number 9258780 in the form from the United Way and your donation will be deducted from your paycheck.
You can purchase Project Open Hand calendars, greeting cards and other nifty products directly from the Project Open Hand online store.
Donate a car, van, truck, RV, boat, golf cart, or even plane to Project Open Hand and you may be eligible for a tax deduction. You will also save yourself the time and expense of selling it. Visit the Car Donation Services, Inc. website to donate a car or call them at 1-888-686-4483 or locally at 925-229-5444 and mention that you would like to donate your vehicle on behalf of Project Open Hand. CDS will pick up your vehicle, handle the necessary paperwork, sell it and give the proceeds to Project Open Hand.
Project Open Hand accepts gifts of securities, including donated shares of both publicly and privately held corporations, stock options and shares of mutual funds.
To make a stock gift, notify your broker that you wish to transfer securities into Project Open Hand’s brokerage account at Union Bank. You will need to give your broker the following information:
FBO: Project Open Hand/UnionBanc Investment Services
Account Number: 0BP484806 (please note, the first digit in our account number is a zero)
DTC Clearing: 0226 (first digit is zero)
National Financial Services Corporation Account Manager Brian Batt
Direct Line: (415) 705-7186
Toll Free Number: (800) 634-1100
Email: [email protected]
It is very important that you notify Project Open Hand about the gift transaction at the same time you instruct your broker to transfer securities into our Union Bank brokerage account.
In order for us to properly receive the gifted shares into our account and to provide an accurate and timely acknowledgement for your tax records, please send us:
- A concurrent notification with the donor’s name
- The type and number of shares being transferred
- The name and phone number of the donor’s broker
This notification should be sent to:
Teresa Ballete, Controller
Project Open Hand
730 Polk Street
San Francisco, California 94109
Fax: (415) 447-2490
Email: [email protected]
A gift of appreciated securities held for more than one year may bring about significant benefits to you as a contributor to Project Open Hand:
- You become entitled to a charitable income tax deduction for the fair market value (FMV) of the donated securities as of the date of the gift.
- You can eliminate capital gains tax that would ordinarily become due if you had sold the appreciated securities on the open market and then donated the process from the sale to a charitable organization.
- Your charitable deduction can be claimed against a maximum of 30% of your adjusted gross income and any unused deductions can be carried forward over the next five years.
- You can achieve your long-term financial objective of reducing your income and estate taxes by making a gift of appreciated securities to Project Open Hand.
- If you have in your stock portfolio securities that have declined in value, you may find it more beneficial to sell the securities first and then contribute the cash proceeds to Project Open Hand as opposed to gifting the shares outright. This strategy may allow you to claim a deduction for both the losses from the sale of the securities as well as the charitable gift.
- Stock options that have not yet matured can also be donated with potential substantial tax savings to Project Open Hand’s donors. Project Open Hand will hold the securities until the option becomes effective and then convert the shares to cash.
- You should always consult with your financial advisor before initiating a charitable gift arrangement.
If you have any questions regarding Project Open Hand’s Stock Gift Program or acknowledgment of your stock gift, please contact Teresa Ballete, Controller at 415.447.2463 or [email protected]
Project Open Hand accepts a wide variety of planned gifts from our generous donors. A planned gift is simply a gift from a donor who has provided for Project Open Hand through some form of estate planning. Most often, Project Open Hand receives planned gifts of bequests (a gift of cash or property left through a will) or charitable remainder trusts (a gift through a trust agreement established while the donor is still alive). In addition, donors can establish planned gifts by naming Project Open Hand as a beneficiary of a life insurance policy or a retirement plan.
Planned gifts are an important source of income for Project Open Hand and we have received many gifts from our generous donors over the years – both large and small. Every gift helps to feed men, women and children living with HIV/AIDS and other serious illnesses.
Individuals who notify Project Open Hand that they have arranged for a planned gift become members of our Meals For Life Legacy Circle.
Before making your estate plans, you should consult with a qualified estate planner, financial planner and/or attorney.
Download our complete Estate Planning Brochure.
A will is the easiest and most effective means to ensure that you fully provide for your family and that your assets are distributed as you wish. Gifts by will, or bequests, both large and small are important to Project Open Hand. Many friends have remembered Project Open Hand in their will while providing for their family at the same time. These bequests provide an important portion of Project Open Hand’s funding each year.
Charitable gifts made through your will are 100 percent deductible for estate tax purposes. A charitable bequest may place your estate in a lower estate tax bracket. You may specify that your bequest is used for general purposes of Project Open Hand or for a particular area of interest.
Once you notify Project Open Hand of your bequest intention, you qualify for membership in the Meals For Life Legacy Circle. The Meals for Life Legacy Circle was established in 2000 to recognize the generosity of Project Open Hand’s friends who have included us in their estate planning. Legacy Circle members receive recognition in our quarterly newsletter, Meal Times, and in the Annual Report. In addition, Legacy Circle members will receive regular updates about important developments at Project Open Hand and special invitations to Project Open Hand meetings and events.
If you have any questions regarding any planned giving opportunities or the Meals for Life Legacy Circle please contact:
730 Polk Street
San Francisco, CA. 94109
Email: [email protected]
Project Open Hand has established relationships with several merchants in the community, who give back a percentage of their sales to Project Open Hand. If you would like to be a Community Partner, please contact Marissa Currie, Assistant Director of Development – Special Events, at 415-447-2412 or [email protected].
The Community Thrift Store, at 623 Valencia Street (near 17th Street) in San Francisco, welcomes donations of clothing, household goods and other items everyday from 10am to 5pm. When you bring your donations to the store, make sure to designate Project Open Hand (code 154) as beneficiary of the sales proceeds. Your donations are tax-deductible. Please ask for a receipt at the time of donation.
Project Open Hand has recently joined the Community Partnership Program at Cole Hardware! From now on, whenever you shop at Cole Hardware, make sure you designate Project Open Hand (account 730) as your preferred community partner. Twice a year, Project Open Hand will receive a gift certificate from Cole Hardware worth 10% of designated purchases. Cole Hardware stores are at 956 Cole Street at Parnassus, 3312 Mission Street at 29th, and 70 4th Street near Market Street in San Francisco.
eScrip is a fundraising program that turns your day-to-day purchases into donations for Project Open Hand. Now, when you register your Macy’s card with eScrip, every time you use the card, Project Open Hand will receive a donation in the amount of up to 6% of the value of the purchase. It’s a great way to put your Macy’s card to work for a good cause. Signing up is secure, free, and easy. All you have to do is:
- Go to eScrip’s website at www.escrip.com.
- Click on “Sign Up” and identify Project Open Hand as the group you would like your purchases to benefit.
- Register your Macy’s card as prompted.
- Shop and make a difference!
You can now donate all or part of the proceeds from an item you sell online on eBay to Project Open Hand! Here’s how it works: while listing your item on eBay, select Project Open Hand as the non-profit which will get proceeds from the sale of your item. Then register with MissionFish, which handles donations to non-profits for eBay, if you haven’t already done so (this is a one-time step). Finally, select a percentage of the final sale to donate to Project Open Hand, from 10% to 100%, and complete the item listing on eBay. When you select 100%, eBay donates the insertion and final value fees to Project Open Hand as well.
The item will appear on eBay with the eBay Giving Works icon, and Project Open Hand and your donation percentage will also appear in the item description. After the listing ends and the buyer pays you for the item, MissionFish will collect the percentage you donated to Project Open Hand, and will hold your funds in escrow until the refund period expires. Finally, MissionFish will pay Project Open Hand and provide you with a tax-deductible receipt for your donation.
To list an item on eBay, go to www.ebay.com and sign in under your seller username (or create one if you don’t have one)..
Don’t forget to see if your company or organization will match your gift. Here is a partial list of companies that will match your gift if you donate to Project Open Hand. Please be sure to check with your Human Resources department if you have questions about your company’s matching gift program.