Discover the Benefits of Giving Wisely
With Gifts Anyone Can Make
Below are popular gift plans that do not affect one's cashflow. Easy to give, and easy to receive. Help us do what we do today, even better, for generations to come.
Bequest
A bequest – a gift made through your will or living trust – can be the easiest gift to make because it costs you nothing during your lifetime. Plus, it's "revocable," so you update or change it if circumstances change. If you already have a will or living trust, you can amend it to include a bequest to St. Joseph’s Children's Hospital Foundation with a simple codicil. (We can provide you with sample bequest and codicil language.)
Beneficiary Designation
If you have set up a retirement plan, insurance policy, bank, and/or brokerage account, chances are you've completed beneficiary designation form to specify who will benefit and what percentage you'd like each to have. In addition to naming individuals, you can also name charities. So you can make a generous gift to St. Joseph’s Children's Hospital Foundation from any of these assets by simply updating that form.
Gifts of Real Estate
Real estate makes a real great gift. When you deed property to St. Joseph’s Children's Hospital Foundation, you receive an income tax charitable deduction for the value of the contribution. Plus, you can elect to make an outright donation, or use the value to fund a gift that pays you income. Either way, you make a generous gift to St. Joseph’s Children's Hospital Foundation and those we serve.
Retained Life Estate
With this gift, you transfer the deed to your property to St. Joseph’s Children's Hospital Foundation, and retain the right to use or live in the property for your lifetime. The tax deduction you receive in the year of the transfer is based on your life expectancy and the property's current value, and you agree to cover expenses and maintenance of the property during your lifetime.
Gifts of Personal Property
You can make a significant gift by transferring a painting, antiques, collectibles – any "appreciated stuff" – to St. Joseph’s Children's Hospital Foundation. In return, you receive an immediate income tax deduction, and pay no capital gains on the appreciation. We can either hold the property, display it, or sell it and apply the proceeds to the purpose you choose.
Gifts of Cryptocurrency
Give cryptocurrency that enhances our mission and provides tax benefits to you. Learn more about Gifts of Cryptocurrencies.
Additional Ways to Give
Charitable Gift Annuity
You can give and get! In a Charitable Gift Annuity, you and St. Joseph’s Children's Hospital Foundation agree to exchange your irrevocable transfer of cash or securities to us for a fixed income payment to you for life. The gift also entitles you to an immediate charitable income tax deduction. At the end of its term, the annuity balance comes to us to support our mission. No wonder the Charitable Gift Annuity is one of the most popular of all planned gifts.
Charitable Remainder Trust
Here's another gift to us that pays you income. You transfer assets to a trust, and the trust pays a fixed or variable income to you and other beneficiaries you designate. Payments can be for life, or a term of up to twenty years, and when the trust terminates, the assets go to St. Joseph’s Children's Hospital Foundation. Your advisor can tell you more.
Charitable Lead Trust
A Charitable Lead Trust works like a Charitable Remainder Trust in reverse. When you make the gift, the trust pays income to St. Joseph’s Children's Hospital Foundation first, typically for a term of years. After that, the trust assets are passed back to you or other family members you designate.
Want to Learn More?
It's easy. Contact St. Joseph’s Children's Hospital Foundation. We can walk you through any of these gift opportunities in more detail. We can even prepare sample gift illustrations customized to your goals and assets (with no obligation) so you can see how a specific gift would work in your situation. Call us today.
St. Joseph's Children's Hospital Foundation
2700 W. Dr. Martin Luther King Jr. Blvd., Suite 310
Tampa, FL 33607
sjhfoundation@baycare.org
(813) 872-0979