- Mail your gift to 14700 Martin Drive, Eden Prairie, MN 55344. Please make checks payable to PROP.
- Give by phone by calling us at 952-937-9120.
Make a gift to memorialize a friend or loved one, or to celebrate a milestone or holiday. We will notify the person or family that you made a donation in remembrance or in honor of them.
Matching Gifts and United Way Funding
Take advantage of your company’s giving opportunities, such as matching gifts and United Way funding.
Many companies match employee gifts. Consult with your human resources staff to see if your employer offers corporate matching or United Way funding. Designated PROP Food Shelf for these company gifts makes a tremendous difference for our neighbors in need.
Gifts of Stock and Appreciated Investments
Shares of stock, bonds and mutual funds that have appreciated in value can make a great gift to PROP. When you gift appreciated securities directly to PROP you may take advantage of tax benefits while supporting our vital mission. By gifting appreciated investments you accomplish two things:
First, you may be able to receive a tax deduction for the fair market value of the gift. Gifts of securities are generally deductible up to 30% of your adjusted gross income in the year the gift is made.
Second, you avoid paying capital gains tax on the appreciated shares that you would otherwise have to pay if you sold the shares vs gifting them. As a charitable organization PROP keeps the full value of the gift to serve our neighbors in need,
Easily transfer securities from your brokerage account electronically.
SIMPLY PROVIDE YOUR BROKER WITH THESE DELIVERY INSTRUCTIONS:
Fidelity Investments DTC Number: 0226
Account Number: Z73386774
Account Name: People Reaching Out to Other People
For additional information, contact:
Janet Palmer 952.294.8380 or firstname.lastname@example.org
Mary Brown 952-200-5731 or email@example.com
*To ensure you receive your tax receipt and proper credit for your gift, please let us know your gift is on its way. This information does not constitute personal tax advice. Please consult your tax advisor.
IRA Qualified Charitable Distribution
If you are going to be age 70 1/2 or older this year, you have the power to make a gift to PROP without having to write a check.
Under the Qualified Charitable Distribution provision, you can donate up to $100,000 this year directly from your IRA to a charity like PROP. This donation counts toward you annual required minimum distribution but does not add to your taxable income.
To take advantage of this opportunity and make a gift to PROP, contact Janet Palmer at 952.294.8380 as you’ll need our brokerage account information and DTC number to share with your broker. Or, instruct your broker that you wish to have a check sent from your IRA to PROP. When you decide to gift via this route, be sure to let us know so we can process your gift accurately.
Before gifting, please be sure to consult your tax professional.
If you are deeply invested in PROP’s mission to help our neighbors in need, please consider including PROP for a future gift in your will or estate plan. You may use the following language:
I hereby give, devise and bequeath to People Reaching Out to People (PROP Food Shelf), located at 14700 Martin Drive, Eden Prairie, MN, 55344, Federal Tax ID 41-1430172 (then state a dollar amount or percentage of the estate, or residue after you have fulfilled other bequests, or description of property) for the benefit of PROP’s general operations.
If your estate is taxable, you will enjoy an estate tax deduction for the value of your gift. Please consult with an attorney to assist you in putting your plans into motion. It is always helpful to discuss your gift with us at PROP to ensure that any purpose you designate can be honored as you wish.
For more information, or to discuss your gift, please contact Janet Palmer, Executive Director at 952-294-8380.