The easiest way to give is with cash, check, or online donation. Your gift can be given as a one-time amount or payments can be scheduled throughout the year. All gifts are tax deductible in the year in which the gift was made. Ask your employer if the company provides an employee matching gift program which will double your gift to HCA.
You can give a gift to HCA through your will and testament in the form of cash, securities, property, or real estate.
Avoid paying capital gains taxes on your assets by transferring your stocks, bonds and/or mutual funds to HCA. You can deduct the full market value on the date of transfer without having to pay taxes on the increased value as long as you have owned the assets for at least one year.
Gift Annuity Agreement
Make a gift to HCA and receive fixed payments annually for life. Payments are based on the age of the donor; the older the donor, the larger the payments. Tax deductions are allowed on a portion of the gift and for a period of years, part of the payments will be taxed as income. If other donated assets have appreciated, the realized capital gains can be reported over a period of time equal to your life expectancy and that of another payment recipient you may name.
Items such as books, computers, athletic equipment, landscaping, building materials, or items for fundraising events can be donated to benefit HCA. Please provide us with a listing of the item(s) to be donated with the estimated value(s).
You can make a significant impact in the future ministry of HCA when you make us the beneficiary of your life insurance policy. Your premiums will become tax deductible.
Charitable Remainder Annuity Trust/
Charitable Remainder Unitrust
Both plans provide income based on the property value given and are irrevocable trusts. The difference is that a fixed income is paid with the annuity trust while a fluctuating income based on a fixed percentage of the annual value of the trust is paid with the unitrust. Capital gains taxes can be deferred or altogether avoided, and a tax deduction for income is available for a portion of the property’s value.
Always consult your tax or financial advisor to explore the methods of giving that benefit your specific needs.