Outright Gifts

Make a Lasting Investment

Contributions of Cash, Check or Credit Card
An outright cash gift is the simplest form of giving and may be made in the form of cash, check or credit card. These contributions may be mailed or delivered in person to the Foundation office.  Please make checks payable to the St. Rose Dominican Health Foundation. Details about how you would like your gift used should be enclosed along with your contribution.  This information can be in the form of a personal note, a reference on the memo line of your check or indicated on a Foundation gift envelope. 

Gifts of Stocks and Securities
An outright gift of securities to St. Rose Dominican Health Foundation can mean significant tax savings if the securities have appreciated and are held for over one year.  To realize tax advantages, such securities must be donated directly, rather than sold, and the proceeds donated. If considering this type of gift, please contact the Foundation office.

IRA Charitable Rollover (For persons over 70 ½ years of age)
Once a person is over 70 ½ years of age, he or she is required to take taxable distributions from their retirement plans like IRA's. In order to encourage charitable giving and lessen the tax burden of these distributions Congress passed the IRA Charitable Rollover Act several years ago. This provision allows people to distribute up to $100,000 per year to qualified charities directly from their IRA.  This type of distribution satisfies a person's Required Minimum Distribution (RMD) but is excluded from taxable income in the year of the distribution. Since these types of distributions are not subject to income tax there is no charitable income tax deduction permitted. Before making this type of transaction, please call the Foundation office to receive information on the best way to make this gift.

IRA Charitable Rollover Benefits:

  1. Avoids taxes on transfers of up to $100,000 from your IRA to St. Rose
  2. Reduces taxable income event for non-itemizers
  3. Satisfies your Required Minimum Distribution (RMD)
  4. Distributions are not subject to the deduction limits that apply to charitable gifts
  5. Allows you to make a very significant gift to the healthcare mission of St. Rose

How to Make an IRA Charitable Rollover Gift:

  1. Contact the Foundation office for details regarding a distribution to St. Rose
  2. Contact the IRA custodian and indicate that you want to make an IRA Charitable distribution to St. Rose
  3. Due to IRS regulations, please note that the distribution to St. Rose is to Dignity Health - St. Rose Dominican and not the Foundation
  4. After initiating the charitable distribution with the custodian inform the Foundation what you have done. (Please note that you will NOT be issued a charitable deduction receipt for an IRA Charitable distribution)
  5. Indicate to the Foundation the purpose of the gift if other than Greatest Need

Donor Advised Fund (DAF) Gifts
Many donors make their charitable gifts through their personal Donor Advised Fund (DAF) that is administered by a community foundation or a financial services company like Fidelity Investments not by St. Rose Dominican Health Foundation. The donor receives credit for a charitable deduction when the DAF is funded not when the gift is distributed to St. Rose by the DAF. If you do make a charitable distribution to St. Rose through your DAF, please notify the Foundation office so you can be properly recognized for your generosity. 

Life Insurance
Donors may make Dignity Health - St. Rose Dominican the owner and beneficiary of life insurance policies. An existing policy yields a current charitable income tax deduction approximately equal to the cash surrender value. A paid-up policy yields a charitable tax deduction approximately equal to the policy’s replacement value the exact figure is available from the issuing company. Whether it’s a new policy or an existing contract, donors continue to pay the premiums and take a charitable deduction for each additional premium payment.

Matching Gifts
Many companies match employees’ charitable contributions through a formalized matching gifts program. Donors are encouraged to contact your employer directly to see if you can make your gift to Dignity Health - St. Rose Dominican go even further through a corporate matching gift.

Personal Property
Gifts of personal property such as art, jewelry and equipment, may be donated to the Foundation. The charitable tax deduction for gifts of personal property is dependent on the ultimate use of the property donated.

Most donors who pledge support to Dignity Health - St. Rose Dominican will fulfill their commitments through quarterly, semi-annually or annual pledge payments of cash or marketable securities. For gifts of cash or stock, donors are entitled to a charitable income tax deduction equal to the fair market value of the contribution paid within the tax year, provided they itemize deductions on their tax returns within IRS limits and guideline. 

Real Estate
Gifts of real estate, including residential, commercial and undeveloped land, may be deeded to the St. Rose Dominican Health Foundation. Real estate gifts entitle the donor to a charitable income tax deduction based on the fair market value of the property transferred to the Foundation.

There are many ways to support Dignity Health - St. Rose Dominican and the team at the St. Rose Dominican Health Foundation is committed to working with you to identify a way for you to support our life saving mission in a manner that makes the best sense for you.  Please contact us for more information at 702.616.4545.

Please note that the above is for informational purposes only. It is not intended as legal advice. Donors should consult their personal financial advisor prior to making a gift to the St. Rose Dominican Health Foundation and/or Dignity Health – St. Rose Dominican.