As you plan your charitable support for Orlando Health, consider which giving option might be best for you. Depending on your financial situation, some gift types may provide valuable benefits such as greater tax savings.
Here are five ways to maximize your gift to Orlando Health before the end of the year:
Gifting cash is an easy way you can receive an immediate tax benefit, especially if you itemize your taxes. Choose between making your gift online, mailing us a check or by wire/ACH transfer.
For appreciated stock held for more than one year, receive a tax deduction for the full value of the stock while avoiding payment of capital gains taxes.
Make a Gift: Download stock transfer instructions here
If you have a donor-advised fund, the Orlando Health Foundation can be selected to receive grants from your fund to complete your year-end contribution. You may also designate us as the beneficiary on your fund which would help impact the future of Orlando Health.
For those who are 70 ½ or older and are not dependent on the funds from their IRA, be sure to consider a qualified charitable distribution up to $100,000 to reduce future required minimum distributions (RMD).
EMPLOYER MATCHING GIFTS
Multiply your gift’s value by finding out if you or your spouse’s employer participates in a matching gift program. Retired employees are also often eligible for this opportunity.
Make a Gift: Connect with your Human Resources department for the correct forms and inform us if your gift will be matched by emailing [email protected]
We encourage you to consult with your professional advisor to ensure you are informed of your tax or financial strategy options. Your meaningful gift will help us deliver hope, healing and compassion to the patients and families we serve every day.
To have your gift qualify for 2022 tax deductions, charitable contributions must be received by December 31, 2022
To learn more about what types of gifts may help reduce your taxable income, avoid capital gains or provide relief from tax burdens, visit our website OrlandoHealthPlannedGiving.com.