FOUNDATION SUPPORT
Gift Planning
Why stocks make good gifts
While the heat outside indicates we ’ re far from thinking about stockings and presents , it ’ s always a good time to consider donating appreciated stocks as a gift to your favorite charities .
Giving stocks held longer than a year instead of giving cash saves you capital gains taxes . This advantage makes the after-tax cost of the contribution less for gifts of stock versus gifts of cash .
For example , if a donor in the 24 % tax bracket has decided to make a $ 10,000 donation to charity and makes the gift in cash , it would look like this :
Cash contributed $ 10,000 Income taxes saved - $ 2,400
After-tax cost of the contribution $ 7,600
If that same donor decided instead to give $ 10,000 worth of stock that was purchased for $ 2,000 more than one year ago , it would like this :
Value of stock contributed $ 10,000 Income taxes saved - $ 2,400
Capital gains tax avoided ( 15 % of the gain ) - $ 1,200
After-tax cost of the contribution $ 6,400
However , despite the advantage , gifts of stock are often not well understood or widely used , possibly because we associate donations exclusively with cash instead of other assets .
If you would like to learn more about making a gift of appreciated stocks or securities to Baylor Scott & White All Saints Health Foundation , please call Cristie King at 817.922.7714 or email Cristie . King @ BSWHealth . org .
Maximize your donation : Birdies for Charity offers increased impact
Baylor Scott & White All Saints Health Foundation is privileged to participate in Birdies for Charity 2024 . The Charles Schwab Challenge allows partnering nonprofit organizations to leverage the awareness and magnitude of a PGA TOUR event to advance their fundraising initiatives .
The concept is simple : Now through May 17 , you have the opportunity to make a pledge for every birdie made during the 2024 Charles Schwab Challenge at
Colonial Country Club , or make
collected .
an outright donation . For every pledge received , the Charles Schwab Challenge will contribute an additional amount to Baylor Scott & White All Saints Health Foundation based on a pre-determined percentage of total pledges
By joining forces with Birdies for Charity , your donation will go further . We invite you to be a part of this collective effort !
Here for you , not for profit
What does it mean to be a not-for-profit healthcare system ?
As the largest not-for-profit healthcare system in Texas , Baylor Scott & White Health dedicates all its resources to the health and well-being of the communities we serve .
How do donations help ? Your gifts are an investment in the health of your loved ones and neighbors . Your generosity directly supports a variety of programs and projects , such as patient care , equipment , medical research , and medical education .
100 % of every dollar you give directly benefits the program or project you choose to support . x10
Every dollar you donate has the same impact as $ 10 in revenue .
8
To learn more about any Baylor Scott & White All Saints Health Foundation initiative , contact the Foundation at 817.922.7707 or email AllSaintsFoundation @ BSWHealth . org . Write to us at 1400 Eighth Avenue , Fort Worth , TX 76104 .