Giving

Each year it is the generous spirit from our friends that make our work possible. This generosity is evident in countless ways, including gifts of financial support. There are many ways that friends of Quaker Heights Care Community choose to make a gift. Some careful planning will ensure that your objectives are met. Following is an overview of some of the most common ways people give.

Cash Donations
Many people wish to give by writing a check and mailing it to us or donate via our secure web site by using a credit card.  These gifts are immediately available to assist us in our mission to provide the highest quality care to our residents. Gifts of cash qualify for charitable income tax deduction in the year the gift was made in accordance with Internal Revenue Service regulations.

 Click here to make an online donation.

Stocks or Bonds

If you have owned securities for more than one year and the fair market value has increased since you purchased them, you can avoid capital gains tax and receive a charitable income tax deduction equal to the fair market value if you choose to give these assets to a charitable nonprofit organization.

Real Estate

A gift of real estate that has been held for more than a year also has the advantage of providing you with a charitable deduction based on the current fair market value, as well as bypassing capital gains tax on the appreciation.

Personal Property

In some cases, selected artwork, books and antiques are gifts that can be an appropriate gift. However, to insure that an item of  tangible personal property qualifies for a favorable charitable tax deduction to Quaker Heights Care Community, please contact our Development Director prior to making a gift.

Planned Giving--Insurance, Trusts, Bequests

Sometimes called deferred gifts, the term "planned giving" refers to specific strategies that, in most cases, benefit Quaker Heights at some point in the future while offering benefits to the donor.

The gift of a paid-up life insurance policy is one example of a planned gift. By designating Quaker Heights as owner and beneficiary of such a policy, you will receive a charitable income tax deduction that, in most cases, is equal to your cost basis in the policy.

The Charitable Remainder Trust  (CRT) is a versatile charitable giving tool. With the CRT it is possible to bypass capital gains tax on the sale of highly appreciated assets, generate an increase in income, receive an attractive charitable income tax deduction, and fulfill your philanthropic objectives.

A bequest left to a charity in one's will is one of the most common ways people give. Next to writing a check, perhaps  A bequest makes it possible for you to in the future assist people and organizations important to you without relinquishing needed assets during your lifetime. Through your will you can  transfer a specific asset. Or, you also may choose to give a percent of your estate after costs and taxes. One may also choose to transfer property to a testamentary trust.

How We Can Serve You

While it is important that you confer with trusted legal and financial advisors about your particular financial needs, our Development Director is happy to discuss with you ways your philanthropic wishes can benefit you and Quaker Heights Care Community.  Please feel free to contact our Development Director to discuss opportunities or with any questions you may have. She can be reached at 513-897-6050.