Gifts That Reduce Your Taxes
You can help roll back the division and discrimination hurting medicine and ruining lives. You can also enjoy tax benefits from these gifts now, or you can establish a future gift that will pass tax benefits along to your loved ones.
You can learn more about these special opportunities in our free brochure, Tax-Wise Ways to Make an Impact, and other complimentary planning resources. These resources are just a click away!
Stocks and Securities
When you give stock or securities (stock, bonds, mutual funds), you may be eligible for a double tax benefit: 1) You receive an income tax deduction for the full, present, fair market value of the assets and 2) you may completely avoid capital gains tax on the appreciation of the assets. This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals.
Retirement Assets
A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to give. A gift of these assets can shield you or your heirs from taxes while funding Do No Harm.
Life Insurance
Transfer ownership now:
To make an impact on our mission today, irrevocably designate Do No Harm as the owner and beneficiary of an existing life insurance policy. If your policy is paid up, you will receive an immediate income tax deduction based on the policy value.
If your policy is not yet paid up, you will make cash contributions to Do No Harm to cover future premium payments. For any continuing premium payments you make, you will receive a charitable deduction in the year of the payment.
Name us as a beneficiary:
You can name Do No Harm as a beneficiary of all or a portion of your life insurance policy. With this gift arrangement, Do No Harm will receive the proceeds of your policy when you pass away. You can change your beneficiary at any time.
This gift is easy to arrange — simply request a beneficiary designation form from your plan administrator.
Personal Property
A gift of artwork, coins, antiques, or other personal property can be an excellent way to support Do No Harm. The tax benefits of the gift depend on whether Do No Harm can use the property in a way that is related to its mission. Contact us to learn more about this type of gift — we would be happy to help you find the option that best fits your philanthropic goals.
From a Supporter Like You
“Donations to Do No Harm will pay off in dividends for the health of our country. They are on the front lines of restoring justice, fairness, and merit to medicine.”
-Dr. Roman Bronfenbrener
