Natural Resources is a beloved community nonprofit that supports new and expectant families through classes, essential products, and community. By supporting us you are helping to save local jobs and to ensure that a 32-year old, woman-run, Legacy Business will be around to continue supporting families for years to come.
Dear supporter of Natural Resources,
In a time of uncertainty and upheaval, we have managed to pivot and grow and transform all with a guiding North Star: to keep supporting our families!
We are reaching out to our beloved community because today, we seek your support.
Natural Resources is the beloved anchor of the birth and parenting community in SF. A 501c3, the Natural Resources All Family Foundation ("Natural Resources") provides essential support, education, products and community to birthing people and new parents. That has not stopped for a moment, and we remain steadfast in our commitment to be there for pregnant people and parents in San Francisco.
During COVID-19, our entire operation has been severely impacted, but we have continued to offer resources to the community through Online Classes; Online Shopping and Delivery; In-Person Shopping and Pickup; GATHER (a combo of social media platform, classes, and IRL (physically distanced, masked) gatherings to foster that connection even when classes are virtual); Play It Forward (an initiative that connects nonprofits in SF with birth, parenting, and pregnancy products they need); and more.
We are very proud of the fact that we've been able to continue operating and providing support in these difficult times. Still, we need your help to keep doing all we do!
Natural Resources is a 501(c)(3) tax-exempt organization under Federal Tax ID #47-4472162.
We have partnered with Overflow and are now accepting stock donations. Please see more information below.
Who is Overflow?
Overflow is a digital solution for donating non-cash assets, enabling donors to give in the most tax-efficient way. Donors can experience the ease of giving via stock or crypto in less than 5 minutes from their mobile device. Overflow also provides givers access to a private Donor Portal which enables visibility into gift history, transaction statuses, and the ability to update connected financial accounts.
What is the tax benefit of donating appreciated stock?
Donating appreciated stock that you've held for over a year can allow you to deduct the full fair market value from your taxes AND protect your realized gains from being subjected to long-term capital gains tax, which can be up to 37% depending on your tax bracket. Nonprofits are exempt from capital gains taxes, so your stock donation allows the nonprofit to utilize the full amount of the donated funds.
Is giving through Overflow safe and secure?
Overflow's Information Security Program follows the criteria set forth by the SOC 2 Framework, a widely respected information security auditing procedure.
Overflow does not have access to nor store any brokerage account usernames or passwords. They use Yodlee, a third party provider, that handles the brokerage login process. Over 600 companies including PayPal, Mint, and Amazon use Yodlee to connect their clients’ accounts.
Can I give company stock outside of the trading window?
If you received company-distributed stock as an employee and the trading
window is not open, your brokerage will likely reject the transfer request. We suggest you ask your company for the trading windows and give during those time periods, which typically are open quarterly for 3 to 4 weeks at a time.
Can I give through my 401K or IRA?
Overflow can process all whole shares of publicly traded stock, including 401Ks and IRAs. However, because donors often incur penalties for withdrawing these assets before a certain date, we highly recommend consulting your tax professional before donating these types of assets. Donating 401Ks or IRA could
result in major tax penalties or even fewer tax benefits than donating cash.
What specific stock could I donate?
You can give any publicly traded stock through Overflow. By donating assets that have appreciated in value for more than one year, you are more likely to get the highest tax benefits.
How do I claim my charitable tax deduction?
File Form 8283 for the 1040 tax return. To calculate how much to deduct from your taxes, the general rule of thumb is to deduct the fair market value which is the average of the high/low price of the stock on the day it was received by the nonprofit. This is for assets you've held for more than a year. The date the
stock was received by the nonprofit can be found in the acknowledgment letter you receive from the nonprofit. Include this letter in your tax return.
More than 7,500 companies offer matching gift programs to their employees and some offer the option to retirees. These companies match, double or even triple the amount an employee gives to a charitable organization. Natural Resources is a 501(c)(3) tax-exempt organization, under Federal Tax ID #47-4472162 – your gift could qualify for a match. Contact your human resource department to inquire.
De Fonte Law
Longtime supporter of Natural Resources and mother of two Patricia De Fonte offers discounts to qualified clients on her Estate Planning services to folks who donate to Natural Resources. Reach out to her for details and confirmation that you are a perfect match, or come to her monthly (free!) Estate Planning Fundamentals workshop
Buy or Sell with theFrontSteps
Longtime community member and father of 2, Alex Clark will donate a portion of real estate sales to Natural Resources when you mention us. Talk about a win-win!