Charitable Trust

A planned gift benefits not only the San Diego Blood Bank; but also, you and your loved ones. Annuities and trusts provide personal income to you or to another person for life, offering immediate benefits to you and benefiting the San Diego Blood Bank later. They also qualify for income and estate tax deductions.

Charitable Annuity Trusts

Depending on your age, a charitable annuity trust offers you a lifetime income between 4.6% & 12% of the gift you make to the San Diego Blood Bank. You can also defer the payments for a loved one's future security, which usually results in a greater annual income. For example, if you invest $100,000 in a charitable Annuity Trust, you can direct the San Diego Blood Bank to pay you a fixed payment each year for life or for a specified period of time. When you die or this period of time ends, the balance that remains in the annuity benefits the San Diego Blood Bank. You receive a tax deduction the year the gift is made, plus tax-free return of principal.

Charitable Unitrusts

A charitable Unitrust does not provide a fixed annual payment, but instead the amount paid to you or a beneficiary is a specified percentage of the value of the trust, revalued each year. The payout is guaranteed to be at least 5% of the trust. Unitrusts offer protection against the probability of inflation, a current tax deduction, bypass of capital gains taxes and usually result in an increase in annual income.

Property

Gifts of personal property, real estate, life insurance, works of art or rare coins are fully tax-deductible at fair market value. Leaving these gifts to the San Diego Blood Bank provides you with the knowledge and satisfaction that you have made a difference.

Endowment Fund

The SDBB Endowment fund is a fund that is made up of gifts and bequests that are subject to a requirement that the principal be maintained intact and invested to create a source of income for the organization. Donors may require that the principal remain intact in perpetuity, or for a defined period of time or until sufficient assets have been accumulated to achieve a designated purpose.

To receive more detailed information call and learn about your charitable trust options, call 619-400-8176.

Stocks, Bonds, Securities

Making a gift of stock and other securities to the San Diego Blood Bank allows you to bypass all capital gains tax and get a tax deduction for the value of the security. This is a great way to utilize low cost basis securities to make a lifesaving gift to the Foundation.

Life Income Plans

Securities, land, rental homes, apartment buildings, office buildings, farms, shopping plazas, and even your home can be given to a Life Income Plan with the San Diego Blood Bank. Many assets can easily be used to increase your income or create a tax deduction that can save you money on your taxes, while providing a future helping hand to the lifesaving work of the San Diego Blood Bank.

Insurance

Life insurance policies that were purchased many years ago and are no longer needed for their original purpose make wonderful gifts to the San Diego Blood Bank. A tax deduction is allowed for a significant portion of the insurance value, which could mean significant savings on your taxes.

Individual Retirement Accounts

IRA's and other pension assets can be the most heavily taxed assets in your estate, yet they're tax exempt when given to the San Diego Blood Bank. Contact us to learn how to make sure your IRA is properly structured to allow the maximum value to you, your heirs, and the San Diego Blood Bank.

Tribute and Memorial Gifts

Tribute and memorial gifts are a special way to remember and honor someone. When a donation is made, the San Diego Blood Bank will send a note to the appropriate individual to notify them of your generosity. You will receive a receipt for your contribution.

For more information on planned giving, please contact the San Diego Blood Bank foundation office by email or by phone at (619) 400-8188.