When you contribute to the Foundation, you not only support the health care institution but gain a tax advantage as well.
We are a completely autonomous charitable non-profit organization established to receive direct contributions and participate in recognized forms of Deferred Giving agreements. Organized under the non-profit public corporation laws of California, the Foundation has a 501 C3 tax-exempt status under the internal revenue code Tax ID#770 262 454. This means that Federal and state governments recognize the Foundation as a charitable non-profit organization. Therefore, all gifts are tax-deductible to the extent they do not exceed the contribution limitations of the tax laws.
The Foundation now proudly accepts online donations. We accept Visa, Mastercard, Discover Card, and American Express. Please note, there is a $20 minimum.
Memorial gifts are a timeless and respectful way to honor a loved one, either living or passed. The fund preserves an everlasting record of the names of individuals or families who have been honored with a commemorative gift. For those who use this means of remembering and upon receipt of a charitable contribution, the Foundation promptly acknowledges each gift and verification is sent to the donor for tax records, as all gifts are tax-deductible. A separate card is also sent to the family of the person or family memorialized or honored, informing them that a gift has been received.
The Foundation can be named as a beneficiary in a will or contingent beneficiary, to take effect only if there are no surviving close family members.
- *Gifts of home, farm or ranch: Gifts in this category allow a donor to deed the property to the Foundation while retaining the right to live on the property, or allowing surviving family members to have life occupancy if desired. Charitable tax deductions are allowed, as are estate tax benefits.
- * Life Insurance and Annuities: By irrevocably naming the Foundation as the owner and beneficiary of an existing policy, donors may deduct nearly the full cash value of the policy at the time the assignment is made. New policies may also be purchased naming the Foundation as owner and beneficiary. The cost of those policies is deductible.
- *Bank Account in Trust: Bank accounts in trust for the Foundation may be opened. Donors maintain the right to add or withdraw from the account or close the account at any time. Any funds remaining in the account upon death automatically defer to the Foundation and are not subject to federal estate tax.
Arrangements regarding Deferred Giving Agreements should be coordinated with an attorney, accountant or trust officer.
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