Make Your Gift a Reflection of You
Our donors come from all walks of life. Whether you’ve experienced our compassionate care and want to pay it forward, or are simply looking for a worthy cause, your gift can be life changing for families in our community.
What and how you give can be as personal as your reasons for contributing. Learn about different ways to donate and the types of planned giving available.
What Can I Give?
If you’re looking for an easy way to show your support, consider donating by cash or check. You may even be able to sign up for payroll deduction to spread your gift out over the year. Whichever you choose, your gift is tax deductible.
- Stocks and Bonds
When you donate stocks or bonds, you get two major benefits: a tax deduction for the value of the stock and a break from paying capital gains tax. This type of gift may most benefit you during high-income years and when your stocks have gained a lot of value. These gifts are easy to set up; you can transfer stock directly from your account to ours.
- Real Estate
You can be generous and reap the rewards in tax deductions or reduced capital gains taxes. Consider donating your home, vacation home, vacant land or other real estate property. You can gift part or all of your property by executing or signing a deed to transfer ownership. Your gift will generally be based on the property's fair market value, which must be established by an independent appraisal.
- Retirement Assets
You can also donate from your IRA, 401k, 403b or other retirement account. Your retirement assets may be transferred by completing a beneficiary designation form provided by your plan custodian. Your estate will benefit from an estate tax charitable deduction for the gift. If you designate us as your IRA beneficiary, the organization benefits from the full value of your gift because those assets will not be taxed at the end of your life.
If your life insurance policy is no longer needed or will no longer benefit your survivors, consider gifting it to the foundation or making us the beneficiary.
When you donate your policy now, you’ll receive a charitable income tax deduction. You can then make deductible contributions each year that we’ll use to pay the premiums, and benefit from the proceeds of your policy.
If you choose to designate us as your beneficiary, you’ll continue to own and can make use of your policy during your lifetime. Your policy will be included in your taxable estate when you pass away, and your estate will benefit from an estate tax charitable deduction for the value of the gift to us.
How Do I Give?
A bequest is one of the easiest ways to give. With the help of an advisor, you can include language in your will or trust specifying a gift to be made as part of your estate plan. You can gift a percentage of your estate, a specific dollar amount, a specific asset or the balance of your estate.
A retirement asset, such as an IRA account, makes an excellent bequest. If the IRA were given to your family, much of the value may be lost through estate and income taxes. By designating us as the beneficiary of all or part of your IRA, the full value of the gift is transferred tax-free at the time of your passing. Your estate receives an estate tax charitable deduction, lessening your family’s tax burden.
- IRA Rollover
Save on taxes by transferring funds directly from your IRA. If you’re at lease 70 years and six months old, this can satisfy your required minimum distribution for the year. To roll over your IRA to us, contact your IRA plan administrator and your IRA fund will be transferred directly.
- Charitable Gift Annuity
You can transfer your cash or appreciated property to us and in exchange we’ll pay you fixed income for the rest of your life. The older you are, the higher the fixed income.
If you aren’t ready to begin receiving income until a future date, such as when you retire, you can establish a deferred gift annuity. When you defer your gift annuity income, you’ll receive higher annual payments than with a current annuity.
- Charitable Remainder Unitrust
You can transfer cash or property to fund a charitable remainder trust. The trust then either pays you a percentage of the trust assets each year or sells the property tax-free and provides you an income.
- Charitable Remainder Annuity Trust
You can avoid the risks of a fluctuating stock market by donating your stock to a charitable annuity trust in exchange for a fixed income. The trust pays you a fixed amount each year, based on how much you donate.
- Charitable Lead Trust
When you transfer cash or property to a charitable lead trust, you get a tax deduction for the gift. The trust makes gifts to us for a number of years, and then your family gets the trust assets plus the amount it has grown over the years.
- Sale and Unitrust
When you give us a portion of an asset, such as stocks, bonds or real estate, we can use your gift to create a charitable remainder trust. When the asset sells, you get the cash you need to purchase another residence, travel or meet your daily needs. You also receive a charitable deduction to offset your tax on the sale. The rest goes to fund your charitable trust, which will provide you with income for the rest of your life and future retirement. When you pass away, the remaining value in the trust will go to the foundation.
- Bargain Sale
With a bargain sale, we buy your property for less than fair market value. You get the cash and a tax deduction for the difference between the market value and the purchase price.
- Give it Twice Trust
When you agree to transfer your IRA to a unitrust at your passing, it can be a gift to us and at the same time give your children income for a term of years.
- Life Estate Reserved
You can give, without giving up use of your home. With this gift, you can deed your home or farm to us and keep the right to use the property for the rest of your life — or your life and another person’s life. You will get a charitable tax deduction now for the present value of the remaining interest. You’ll remain responsible for maintenance, insurance and property taxes. It’s even possible for you to make a gift of your property even if you have a current mortgage on it. The foundation will benefit from the life estate at your death.