Ways To Give

Gifts of cash by check or by credit card are the most common ways to give and are immediately available for use by the Hammond-Harwood House. These gifts may be unrestricted or designated to special projects.

Appreciated stocks can be donated to the Hammond-Harwood House. For income tax purposes, the gift is valued at the full fair market value on the date of the transfer, with no significant capital gain tax liability. For information on a transfer of stock, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhouse.org.

You can designate Hammond-Harwood House as a beneficiary of your IRA. For those over the age of 70 1/2 , it is possible to designate a portion of your required distribution to charity; this distribution does not count as personal income and is thus beneficial taxwise. For more information, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhouse.org.

Gifts of real estate usually allow you to avoid capital gains tax. Lifetime occupancy of a donated residence may be retained through a trust. Check with your financial advisor on current advantages or restrictions. For more information, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhouse.org.

Many companies will match donations to the Hammond-Harwood House by their employees. Donors are urged to check with the human resources department at their place of employment to see if their company matches charitable contributions.

It is possible to donate a paid-up life insurance policy to Hammond-Harwood House. Or you may buy a new policy and name the Hammond-Harwood House as the beneficiary. For more information, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhouse.org.

A bequest - a gift made through your will and delivered after your death—is an ideal way to protect your family’s future, retain flexibility, support our mission, and gain tax advantages. By including the Hammond-Harwood House in your will you, the donor, can make a lasting gift to the endowment to support the education, preservation, or other programs. You can bequeath a percentage of your estate, a fixed dollar amount, or a specific personal property to the Hammond-Harwood House. For more information, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhouse.org.

Your tax advisor(s) can discuss trusts, charitable gift annuities, and other forms of deferred contributions that may benefit the Hammond-Harwood House and provide lifetime income for you or a loved one. Please consult with your lawyer or financial advisor for specific tax benefits applicable to your personal situation. For more information, please contact Barbara Goyette at 410-263-4683, ext. 11 or via info@hammondharwoodhousse.org.