The Charitable Gift Annuity: a Win-Win-Win!

If you could turn one of your assets (cash, stock or property) into quarterly income for yourself or a loved one, receive a significant tax deduction, AND make a tremendous contribution to San Diego Habitat for Humanity all at the same time, would you?

For most individuals over the age of 65 (and even for some much, much younger), Charitable Gift Annuities (CGA’s) offer the opportunity to do just that. CGA’s are a contractual agreement between you and a licensed nonprofit organization that guarantee a fixed income for the remainder of your life, and allow you to take advantage of significant charitable tax deductions.

Meet Jack Snider, San Diego Habitat for Humanity volunteer, donor and tremendous fan of the CGA. Jack has been involved with San Diego Habitat since our beginnings, providing a loan that enabled volunteers to build 10 houses in Tijuana in 1987. Not long after that first investment, Jack volunteered as a driver for the Carter Work Project. He gave tours, shuttled volunteers back and forth to the airport, and delivered supplies.

Fast forward 28 years later, Jack is giving to Habitat in a different way. Because of his firm belief that “everybody should have a home,” he is just about to sign off on his 7th CGA. This will be a 2-life annuity with Jack (age 86) and his daughter (age 41). She will receive a 2.7% return for the rest of her life. The remainder will support Habitat’s global and local efforts to build homes, communities and hope. Jack smiles and says “Rather than leaving an inheritance in one lump sum to my children, it is better for them to have the additional monthly income now. And this way, the money gets used twice!”

To learn more about how a single or double life Charitable Gift Annuity might benefit you, contact Karen Begin at 619-906-4482 or karen.begin@sandiegohabitat.org.

Wish List 2017

Who says that wish lists are only for the holidays? As we enter the new year, we’ve compiled a list of materials and items that would tremendously help us in building homes, communities, and hope in San Diego County. If you or someone you know is looking to donate, please contact our Gifts in Kind Manager, Bridget Strickland, at 619-246-1956 or bridget.strickland@sandiegohabitat.org.

Wish List for Construction:
Note: Equipment can be new or gently used; materials must be new

  • warehouse space for storage
  • portable generator
  • enclosed tool trailer
  • roofing materials
  • fire-rated exterior siding
  • HVAC units
  • flooring – tile or laminate (approximately 1,000 sq.ft. of both required per home)
  • dishwashers
  • garbage disposals
  • range hoods
  • countertops – laminate or solid surface

Wish List for ReStore:

For use by the ReStore:

  • warehouse for storage
  • box trucks
  • fork lifts
  • lighting – commercial exterior

For resale in the ReStore (please see details on  acceptable items):

  • flooring
  • cabinets
  • windows
  • doors
  • outdoor living items (furniture, outdoor kitchens, etc.)
  • pavers
  • fencing
  • paint

Wish List for Office:

  • ergonomic office chairs for average and short heights
  • multi-purpose label makers
  • 8 ½ x 11 copy paper
  • AA & AAA batteries
  • computer desks
  • heavy duty shredder
  • large laminating machine
  • DSLR camera

Wish List for Event Services:

  • champagne donations for Women Build
  • goody bag items for Women Build
  • restaurant gift cards and other raffle items
  • paper goods (hot and cold cups, plates, forks/spoons/knives, napkins)
  • restaurant or catering services for VIP build events

Sponsor Spotlight: Taco Bell

“Live Mas” is more than a company tagline; it’s a way of life at Taco Bell. Taco Bell, a subsidiary of Yum! Brands, is the nation’s leading Mexican-style quick service restaurant serving more than 40 million customers each week in more than 6,100 stores in the U.S. Yum! Brands, Inc., (NYSE: YUM), based in Louisville, Kentucky, is one of the world’s largest restaurant companies with over 42,500 restaurants in more than 130 countries and territories. In 2014, it was named among the 100 Best Corporate Citizens by Corporate Responsibility Magazine.

Yum! has built a unique culture, one that’s filled with energy, opportunity and fun. They believe in their people, trust in their positive intentions, encourage ideas from everyone, and have actively developed a workforce that is diverse in style and background. Yum! is a place where anyone can, and does, make a difference. This commitment to people extends to the communities they serve across the world. Corporate Social Responsibility (CSR) is central to our ability to succeed in the marketplace and to be a positive, responsible corporate citizen.

Thank you, Taco Bell, for lending us some your employees for the day on January 6 to build playhouses for local military and veteran families! The playhouse build took place at the Hilton San Diego Gaslamp Quarter Hotel during a company conference, and 75 employees from Taco Bell participated. A generous donation of $17,500 will support Habitat’s mission throughout San Diego County.

The San Diego Habitat for Humanity Playhouse Program is designed to offer a dynamic, fun and meaningful construction/team building experience for corporate partners. Habitat hosts a halfday event where volunteers build and decorate usable and durable playhouses that are then given to children through partnerships with several local charities serving families in need.

For more information about Habitat’s Playhouse Program, click here.