Covenant House Michigan
Providing hope to homeless, runaway and at-risk youth
Covenant House Michigan (CHM) is a faith-based organization that provides hope to homeless, runaway and at-risk youth ages 18-24 We provide shelter, educational and vocational programs, as well as other support services, to help overcome hurdles such as homelessness, unemployment, inadequate education, violence, drugs and gangs. Our goal is to redirect them onto a path toward meaningful and successful adulthood. CHM has come to be known by Detroit area young people as a place they can go to build a better future and be treated with respect and unconditional love. Over 35,069 youth have been served by CHM since its inception in September, 1997.
Category: Human Services
Cause: Youth Development, Shelter, and Crisis Services
Support Covenant House Michigan with a tax-advantaged gift in minutes!
- Avoid capital gains tax* and deduct the current value of stocks, ETFs or mutual funds held more than one year
- Amplify your generosity with a pre-tax gift: nonprofit keeps the proceeds that would have been paid in taxes
- It’s fast, safe and free with the most trusted name in stock gifting
This is information, not financial advice. Please consult with a tax professional. *
Capital Gains Tax and NII Tax rates range from 18.8% - 37.1%, depending on your income and locality.
Disclosures:
- DonateStock is the trusted facilitator of charitable gifts of securities, crypto and other non-cash assets for more than 10,000 nonprofits and donors.
- To better serve our stock and crypto donors, we host giving pages (like this one) so they can donate securities and crypto to other nonprofits from their DonateStock account.
- As this specific nonprofit has not yet registered with us, the donation will be processed and paid by Donatestock Charitable, Inc, a 501(c)(3) nonprofit.
- Once the gift is initiated, we will contact the nonprofit beneficiary to inform them of the gift and arrange payment.
- After the gift is received, we will provide a tax receipt to the donor and send the proceeds, gift details and donor information to the nonprofit beneficiary.
- Payments are normally sent via ACH within 2 weeks of receiving the shares or crypto. If we cannot reach the nonprofit beneficiary within 30 days, we will remit payment by check.
- There is no cost to donors or financial advisors. Nonprofits are charged a modest transaction fee that is in line with (or lower than) other online gifts.
- Please contact us if you have any questions.