Get Involved:
Make a Financial Contribution

How can I make a financial contribution?

There are many ways to make a donation to Community Hospice of Northeast Florida through Community Hospice Foundation.

Gifts of cash, check or credit card. A gift of cash allows you to receive an income tax deduction for the value of the gift and enables you to help meet the immediate needs of Community Hospice. Gifts may be made in a single payment, pledged and fulfilled over a period of years, or may be made as an estate gift. Checks may be made payable to Community Hospice Foundation and mailed to 4114 Sunbeam Road, Suite 101, Jacksonville, Florida, 32257. Contributions may also be made by Visa®, MasterCard® and Discover® Card online (secure Online Donation Form) or by calling 904.886.3883.

Appreciated stock. Appreciated stock (acquired prior to July 28, 1997) can be an attractive gift. You can avoid capital gains taxes and receive a tax deduction for the full value of the gift up to 30 percent of your adjusted gross income.

Bonds and mutual funds. Bonds and mutual funds, unless they have appreciated in value, are similar to cash in the way taxes are treated, with a tax deduction for the full value of the gift. If they have appreciated, a capital gains tax could apply.

Individual retirement accounts (IRAs) and qualified pension plans. Individual retirement accounts (IRAs) and pension plans held in an estate can be subject to double-taxation through an estate tax and income tax to the beneficiary. This makes these plans attractive as charitable gifts. The IRA or qualified plan will not be subject to estate tax and, because the beneficiary is a tax-exempt charity, there is no income tax.

Matching gifts. Many employers have matching gift programs through which your generosity to Community Hospice Foundation can be multiplied. As a healthcare and educational institution, the Foundation is eligible for many matching gift programs from corporations, foundations and other organizations. If you or your spouse work for a company with a matching gift program, please obtain the appropriate form from the company's personnel office and include it with your gift.

Planned giving. Also known as deferred gifts, you can tailor your gift to your personal situation and obtain maximum tax rewards, maintain financial security and, most importantly, make a meaningful difference in the lives of others. Unless otherwise requested, those who have made planned gifts are recognized as members of The Legacy Society at Community Hospice Foundation. There are several vehicles for planned giving:

• Bequests in wills: You may wish to join the many friends who have helped support us through bequests, which are gifts left through wills. These gifts can be a particular item, dollar amount or a residual percentage of your estate, and can include tangible personal property, real estate, securities or what remains after you have provided for your survivors.
• Charitable gift annuities: This is a contract in which you make a gift now and Community Hospice Foundation agrees to pay you annually, over time, a percentage of your gift. Gift annuities provide an immediate income tax deduction for part of the gift's value, while spreading out capital gains over time.
• CDs, savings and checking accounts: You retain full ownership and control during your lifetime and, at your death, with a payable-on-death provision, the account balance is paid to Community Hospice Foundation immediately, without probate.
• Charitable remainder trusts: There are several forms of charitable trusts that allow you to make a meaningful gift and receive tax benefits and income from the trust during your life and, possibly, that of an heir.
• Wealth replacement trust: A wealth replacement trust utilizes life insurance to help you reduce estate taxes and provide for your heirs, while also providing for the charities you care about.
• Gifts of life insurance: A significant future gift is to name Community Hospice Foundation as the recipient of all or a portion of the proceeds of an existing life insurance policy. With the transfer of ownership of the paid-up policy to Community Hospice Foundation, you will receive a tax deduction for the cash surrender value, thus reducing your tax liability. Another way of giving life insurance is to purchase a new policy naming Community Hospice Foundation as owner and beneficiary. You can provide a major gift with a modest annual payment and receive an income tax deduction for each premium as it is made.
• Gifts of real estate: A donation of real property, either in full or with a retained life estate, allows you to live in your home and still receive a charitable deduction. This would provide an income tax deduction and estate tax deduction and avoid potential capital gains tax on any appreciation.

Planned gifts can be complicated, and we encourage you to discuss your plans with us and your financial advisors. To learn more about the benefits of all areas of giving, please call 904.886.3883.

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More in this section:

• How can I make a financial contribution?
• How can I make a gift in memory or in honor of a loved one or my family?

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Call 904.268.5200 for general information or 904.407.6500 for referral and admissions information.
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