Ways to give. Many donors give to Huntington Hospital using tax-saving strategies. Here are just a few of the ways: IRA Distribution When you make Huntington Hospital the direct recipient of a distribution from your IRA, you may be able to avoid paying income tax on the amount gifted. You also are helping to keep us strong. Appreciated Stocks By gifting appreciated stock, you can avoid taxes on any gains in the stock’s value, and take an income tax deduction on the fair market value — all while making a thoughtful gift to our work. Donor Advised Fund (DAF) Establishing a DAF through a community foundation or a financial institution gives you a significant tax benefit when you make a large gift. You can designate Huntington Hospital as a recipient of the funding from your DAF each year. If you would like to learn more about how you can save taxes and support our critical mission, please contact Helen Bechtolt, senior director of principal gifts, at helen.bechtolt@ huntingtonhealth.org or (626) 397-8681.
Advocate. Fall 2023
41
