As a 501(c)(3) charitable organization, Shriners Hospitals for Children relies on the
generosity of donors, past and present. Monetary gifts, as well as gifts of securities,
real estate and personal property are welcome and help the organization carry out
its three-fold mission of treatment, research and education.
Contributions
Contributions may be made at any time to Shriners Hospitals for Children and
may be sent to the Office of Development in Tampa, Fla., or directly to any of our 22
hospitals.
Charitable Gift Annuities (CGAs)
In exchange for an irrevocable gift of cash, securities or other assets, Shriners
Hospitals for Children agrees to pay one or two annuitants you name a fixed sum each
year for life. You may qualify for a charitable deduction if you itemize your income taxes.
CGAs are not available in all states.
Back to top
Pooled Income Fund
For an initial contribution of $5,000 or more, donors can participate in the Shriners
Hospitals for Children Pooled Income Fund. Under this agreement, donors or their
designees will receive annual income from their contributions during their lifetime. A
portion of the contribution may be deducted as a charitable donation.
Back to top
Real Estate
All qualified real estate may be deeded outright to Shriners Hospitals for Children
or, if it is a donor’s residence or farm, may be given subject to retained life interests.
The value of the interest being contributed may be used as a charitable contribution
for income tax purposes.
Back to top
Securities
Contributions of securities are easily accomplished in most cases. If the securities
have appreciated in value at the time of the gift, there can be income tax and other
advantages for the donor.
Back to top
Insurance
Shriners Hospitals for Children can be designated as the irrevocable beneficiary and
owner of an insurance policy. Income, gift and estate tax charitable deductions may be
allowed for a gift of an irrevocable life insurance policy under most state laws.
Back to top
Wills
Designations of bequests should clearly indicate Shriners Hospitals for Children.
Bequests under wills may reduce estate taxes. All bequests not restricted by the donor
become part of the endowment fund, with only income from the fund being used to
operate Shriners Hospitals.
Back to top
Trust Agreements
Irrevocable charitable remainder unitrusts or annuity trusts may be established
to provide for lifetime payments to the named beneficiaries. After the lifetime of the
surviving income beneficiary, assets would be utilized by Shriners Hospitals for its
charitable purposes.
Back to top
Note: The following essay was quoted from "A Short History, Shriners Hospitals for Children & Shriners of North America," which can be downloaded in its entirety from the Shriners of North America website.
|
