Gift Planning: Other Ways to Give

Qualified Charitable Donation from IRA

Make a gift today from your IRA

If you're 70 ½ or older, each year, you can instruct your IRA administrator to transfer all or part of your required minimum distribution (up to $100,000) directly to Lucile Packard Foundation for Children's Health and avoid paying the tax had you taken it as income.

An IRA Rollover allows you to make a gift to us today, count the gift toward your required minimum distribution, and avoid paying income tax on that portion of the distribution. It is one of the most tax-efficient ways to make your annual gift!

 

Beneficiary Designation

Designate the Foundation as the beneficiary of your retirement account or other funds

Many accounts allow you to name a beneficiary to receive remaining funds in the account at the end of your life. This is one of the easiest ways to direct a portion of your assets to charity. In some cases, it can even be more tax-efficient to name a charity as beneficiary of retirement accounts and individuals as beneficiary of your other assets. Please contact us to learn more about designating the Lucile Packard Foundation for Children's Health as the beneficiary of one of your accounts.

 

Charitable Gift Annuity

Fund a Charitable Gift Annuity

A charitable gift annuity is a way to turn an asset into a steady stream of income for you and an impactful gift for Lucile Packard Children's Hospital Stanford. With some information from you, and a look at the current rate schedules and interest rates, we can determine what your fixed payments would be for the duration of your life, and what your tax deduction would be today. Please contact us to receive an illustration.

 

Charitable Remainder Trust

Set up a Charitable Remainder Trust

Some donors choose to give to us by funding a Charitable Remainder Trust (CRT). A CRT pays out a stream of income to a designated beneficiary for a specified term. At the end of the term, the remaining assets are distributed to Lucile Packard Children's Hospital Stanford.

A CRT can be a great fit for a donor who wants to preserve an asset for a family member's needs during that person's life, and ultimately allow the remaining funds to benefit our hospital. With a "unitrust" type structure, the size of the payment will fluctuate with market performance. As the value goes up, payments to the individual increase, and the ultimate gift to our hospital increases as well.

Please contact us to learn more about a CRT and whether it might be the right giving technique for your goals and circumstances.

 

Additional Giving Options

Gifts of other assets

Lucile Packard Foundation for Children's Health has the experience and expertise to support gifts of various types of assets including: gifts of real estate, appreciate stock, closely-held business interests, gifts from donor-advised funds, and others.

Please reach out to us to explore the best way for you to support children's health given your own goals and circumstances.