Make Your Gift Count in 2024
The end of the year is a time many are inspired to make charitable gifts.
If you choose to give to Hetrick-Martin Institute before the end of December, please use these helpful tips to make sure your gift counts in the 2024 tax year. Please note that HMI’s offices will be closed from 6 pm on Friday, December 20, 2024 to Thursday, January 2, 2025.
Hetrick-Martin Institute is a 501(c)(3), tax-exempt organization. Our EIN is 13-3104537.
What are the deadlines for gifts to be counted in 2024?
CHECKS
Checks should be made out to Hetrick-Martin Institute and sent to:
Hetrick-Martin Institute
Attn: Development
2 Astor Pl Fl 3
New York, NY 10003
Checks via U.S. Postal Service:
Your check mailed via USPS must be postmarked by December 31, 2024 to count as a 2024 gift. The postmark date is used as your gift date. It is preferable that you use USPS, if possible.
Checks via a private carrier (UPS, FedEx, etc.) and checks with foreign postmarks:
Checks sent by other carriers must be received by someone at Hetrick-Martin Institute by December 20, 2024. Unlike gifts we receive by USPS, gift dates for gifts sent by private carriers are based on when they are received by Hetrick-Martin Institute. We also cannot use a foreign postmark as a gift date. Those gifts must also be received by December 20, 2024.
CREDIT CARDS
Credit card gifts made online:
Online gifts must be made by 11:59 p.m. EST on December 31, 2024.
Credit card gifts by phone or mail:
All credit card gift information must be received by 5 p.m. EST on December 20, 2024. Any credit card gift received after that time may be designated as a 2025 gift. Per IRS rules, we cannot account for a credit card gift until the charge is made, and a 5 p.m. deadline ensures we can charge your card before close of business that day.
Never send your credit card information via email.
STOCKS/SECURITIES
Stock gift and mutual fund transfers in December can take several weeks to transfer due to increased activity. We recommend you initiate your gift transfers as soon as possible to ensure delivery in Hetrick-Martin Institute’s brokerage account by end of day December 31.
Per IRS guidelines, stock gifts must be received in Hetrick-Martin Institute’s brokerage account by close of business (6 p.m. Eastern Time) on December 31, 2024, in order to qualify as a charitable donation this tax year. During the holidays, brokerage firms do not guarantee transfer for requests made after certain dates. Please confirm 2024 transfer cut-off dates with your broker.
Please download our stock transfer form for more information on this option.
For additional information, please contact our Ameriprise representative:
Caryn N. Chan
Practice Manager
The Rose/Soranno Wealth Management Group
P: 212.849.6569
E: caryn.chan@ampf.com
WIRE TRANSFERS
Wires need to be successfully deposited in Hetrick-Martin Institute’s wire account by 11:59 p.m. EST on December 31, 2024. We recommend wire transfer requests be made prior to the holidays, and, at the latest, by Monday, December 30.
Payments may be sent to:
Amalgamated Bank
275 7th Ave
New York, NY 10001
Acct: 151053399
Routing: 026003379
Questions
Please contact Lawrence Rush at lrush@hmi.org or 212.674.2600 ext. 240.