Estate Gifts
St. Joseph’s Health Foundation can be included in your estate plans through:
- [su_tooltip title=”Wills and Living Trusts” text=”Allows donors to give to St. Joseph’s Health without impacting their assets in their lifetime.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Bequests in your will or living trust [/su_tooltip]
- [su_tooltip title=”Residual Estate Beneficiary” text=”Allows donors to allocate their estates to loved ones with only the remaining value passing to St. Joseph’s Health.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Naming a residual beneficiary of your estate [/su_tooltip]
- [su_tooltip title=”Life Insurance Policy” text=”Donors can name St. Joseph’s Health as a beneficiary on a life insurance policy or transfer ownership of a fully paid policy to St. Joseph’s Health.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Naming a beneficiary on a life insurance policy. [/su_tooltip]
- [su_tooltip title=”Beneficiary of Retirement Fund Accounts” text=”Donors can name St. Joseph’s Health as the beneficiary on their retirement funds very easily by be submitting a beneficiary change form.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Naming a beneficiary on retirement funds [/su_tooltip]
- [su_tooltip title=”Beneficiary of Bank or Brokerage Accounts” text=”This can easily be done the same as retirement funds mentioned above. Keep their assets during their lifetime and allow the assets to pass to Trinity after their passing.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Naming a beneficiary on bank or brokerage accounts [/su_tooltip]
If you are interested in naming St. Joseph’s Health Foundation as a beneficiary in your will or trust, you can utilize sample bequest language found here.
Income Producing Gifts
Planned giving strategies can be financially beneficial, providing steady income streams during your lifetime. Consider establishing a:
- [su_tooltip title=”Charitable Gift Annuity” text=”Establishing a charitable gift annuity is a great way to receive tax benefits and establishes a fixed steady income stream for the donor during their lifetime. Gift annuities can also pass to a named second beneficiary and only pass to St. Joseph’s Health at the end of the second beneficiary’s lifetime.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] A charitable gift annuity, or [/su_tooltip]
- [su_tooltip title=”Charitable Remainder Trusts” text=”Charitable Remainder Annuity Trust (CRAT): Provides a steady, fixed amount, income stream during the donor’s lifetime with the remainder passing to St. Joseph’s Health at the end of the donor’s lifetime.
Charitable Remainder Unitrust (CRUT): A CRUT provides a steady income stream, based on a fixed percentage of the value of the trust.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] A charitable remainder trust [/su_tooltip]
More Ways to Give
- [su_tooltip title=”Qualified Charitable Distributions from IRA (aka IRA Rollovers or Required Minimum Distributions from IRAs:” text=”Donors must meet a few IRS requirements (i.e. age 70 ½) and they can donate their Required Minimum Distribution to a qualified charity without adding the contribution amount to their taxable income, for gifts up to up to $100k.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Qualified Charitable Distributions from your IRA [/su_tooltip]
- [su_tooltip title=”Stock Shares also called securities” text=”Donating shares of securities is simple and can be done through wire transfers from the donor’s brokerage account(s) to St. Joseph’s Health brokerage account. These gifts can provide substantial tax savings.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Shares of stock/securities [/su_tooltip]
- [su_tooltip title=”Donor Advised Funds” text=”St. Joseph’s Health is pleased to accept and acknowledge gifts through Donor Advised Funds. Donors can make recommendations for annual distributions to St. Joseph’s Health for their specific areas of interest.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Donor Advised Funds [/su_tooltip]
- [su_tooltip title=”Endowed Gifts” text=”Endowed gifts are invested and only a portion of the earnings are spent each year to allow the principal gift to grow, keeping pace with inflation and proving spendable earnings in perpetuity.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Endowments [/su_tooltip]
- [su_tooltip title=”Real Estate” text=”Donors can consider gifting residential or commercial real estate, as well as undeveloped land/property, providing certain property requirements are met and St. Joseph’s Health agrees to accept the property.” position=”top” background=”#222222″ color=”#FFFFFF” font_size=”16″ text_align=”left” max_width=”300″ radius=”5″ shadow=”no” behavior=”hover” class=”” outline=”yes” tabindex=”yes” reference_tag=”span” hide_delay=”0″] Real Estate [/su_tooltip]
Contact US
If you choose to include St. Joseph’s Health Foundation in your estate plans, please use our legal name, address and federal tax ID listed below.
Legal name: St. Joseph’s Health Foundation
Address:
973 James Street
Syracuse, New York 13203
Federal tax ID number: 22-2149775
