Gifts of Assets
For more information about opportunities to give gifts of assets to MOFGA, please contact Mary Weitzman, director of development and membership, at [email protected] or 207-505-5623.
Please contact Mary Weitzman, director of development and membership, at [email protected] if you’d like to make a gift of appreciated securities. Please request that your broker/bank share the details of the transfer (how many shares and of what) with MOGFA prior to initiating a transfer of securities.
DTC Eligible Securities (Stock)
Participant ID(DTC #): 2663
Agent Internal Account Number: 90440D
Bangor Savings Bank A/C: 78914
Client Name: MOFGA
Client A/C#: 240050
Federal Eligible Securities (Bonds)
ABA: 042000013
FRB Name: U.S. Bank N.A. Trust
Third Party: 1050/Trust
For SEI Account: 001050985491
For Further Credit: Bangor Savings Bank 90440F
FFC:MOFGA #240050
Mutual Funds
Prior to initiating mutual fund transfers, please email name of fund, CUSIP, and approximate amount to Bangor Savings Bank, [email protected]. They will provide instructions specific to that individual fund. Depending on the fund, this can take several business days.
Wire Transfer:
Bank Domestic Transfers In USD
Bank Name: Bangor Savings Bank
City, State, Country: Bangor, ME USA
Bank Routing/ABA: 211274382
Beneficiary Account: 9081192692
Further Credit to: MOFGA #240050
For International Wires in USD:
BIC/SWIFT: BSMEUS33
Beneficiary Details
Beneficiary Name: Maine Organic Farmers & Gardeners Association
Beneficiary Address: 294 Crosby Brook Rd, PO Box 170, Unity ME 04988-0170
Download the instructions here.
Giving cash is the simplest method of donating to MOFGA. To give a cash gift, send a check or contribute online to MOFGA. We will use your donation to fund our critical work to support farmers, gardeners and the environment, or for a specific program that you specify.
You can mail a check to:
Maine Organic Farmers and Gardeners Association
PO Box 170
Unity, ME 04988
Please consider making a recurring monthly contribution as a Perennial Friend. Recurring contributions provide MOFGA with reliable monthly income to sustain our year-round education, training and advocacy programs.
If you are 70½ or older, you can make a tax-free distribution from your traditional or Roth IRA to MOFGA.
Upon turning 70½, people with certain retirement accounts must begin to withdraw funds according to IRS rules. Funds withdrawn from some types of retirement accounts are subject to state and federal income tax. Failure to withdraw the required amount can result in a 50% penalty on the funds not withdrawn.
Rather than pay a 50% penalty, it is possible to take advantage of the “IRA Charitable Rollover” (aka Qualified Charitable Distribution), which allows a person age 70½ or older to withdraw up to $100,000 from his or her retirement accounts and donate it to charity without incurring any income tax on the funds withdrawn.
Follow these steps to give through your IRA:
- Direct distributions in the amount of your choosing from your traditional or Roth IRA to MOFGA. This can be a one-time or recurring gift.
- The distributions go directly to MOFGA and are not subject to federal income tax.
- To ensure that your gift is properly processed and that you are listed as the donor of record, please have all checks directed to the address below. Please also contact Mary Weitzman, director of development and membership, at [email protected] to let us know to expect your gift.
Maine Organic Farmers and Gardeners Association
Attn: Membership and Development
PO Box 170
Unity, ME 04988
Please Note:
If you are still working and contributing to a retirement account, this gift could impact your taxable income. Please consult a qualified advisor before making a gift.
Making a donation of tangible personal property can be an excellent way to save on taxes, dispose of property that is expensive to insure or maintain (such as tractors, art, automobiles, boats or antiques), and support MOFGA at the same time.
Follow these steps to make a gift of personal property:
- Determine what personal property you would like to give to MOFGA. (Note: Gifts of personal property are made outright.)
- Contact Mary Weitzman, the director of development and membership, at [email protected] to ensure that your gift meets the guidelines of our Gift Acceptance Policy.
- MOFGA may hold the property and display or use it, or may sell the property and use the proceeds to advance our critical work for farmers, gardeners and the environment.
For any specific tax questions for your unique situation, we recommend consulting with a qualified advisor before making a gift.
Your real estate asset can make a lasting impact. By donating your farm, land, personal residence, vacation home or commercial real estate to MOFGA, you may be able to reduce your capital gains tax and receive an income tax deduction. Best of all, your gift will support our critical work to support farmers, gardeners and the environment.
Follow these steps to make this kind of gift:
- Contact Mary Weitzman, the director of development and membership, at [email protected] to ensure that your gift meets the guidelines of our Gift Acceptance Policy.
- Deed your property (such as a home, vacation home, commercial building or investment property) to MOFGA.
- MOFGA will sell the property and use the proceeds to support our critical programs. In very limited cases we may use the property for our own purposes.
For any specific tax questions for your unique situation, we recommend consulting with a qualified advisor before making a gift.