Great tax benefits exist for those who give. Here are some of the gifts and associated benefits you should know about.

Cash

One of the most common ways to make a gift to Baylor Scott & White All Saints Health Foundation is to write a check, make a gift using a credit card, or donate online.

Stocks & Bonds

Giving appreciated stock that you have owned for more than one year is one of the most tax-advantaged ways to make charitable gifts. With careful planning, you can reduce your capital gains tax while supporting Baylor Scott & White All Saints Health Foundation.

Retirement Assets

A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield your heirs from taxes while funding All Saints's future.

The IRA Gift (QCD)

Here is a tax-smart way to make an impact to Baylor Scott & White All Saints Health Foundation using your traditional or Roth IRA. The IRA charitable rollover (also called the Qualified Charitable Distribution, or QCD) is a great way to make a tax-free gift to Baylor Scott & White All Saints Health Foundation and satisfy your Required Minimum Distribution (RMD). If you are not required to take an RMD but no longer itemize your deductions, then a QCD may be right for you as well.

How Do I Qualify?

Real Estate

A gift of real estate allows you to preserve your cash assets, receive tax and income advantages, and make a significant charitable gift to All Saints.

Retained Life Estates

Donate your home, farm or a second home to All Saints and receive an immediate income tax charitable deduction, while retaining the right to live in your home for the rest of your life. If you itemize your deductions instead of taking the standard deduction you could save significant income taxes. If you cannot use your entire deduction in the year of your gift, you may carry forward all unused deduction for up to five additional years if you are able to itemize in each of those years.

Life Insurance

Life insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members.

Personal Property

A gift of artwork, coins, antiques, or other personal property can be an excellent way to support All Saints.