Planned Gifts Supporting the People and Causes You Care About Most
Contribute a lasting gift to Caridad Center during or after your lifetime.
Making a major gift in support of Caridad’s mission and programs is a confident investment in the future.
A planned gift is a meaningful way for a generous donor to create lasting impact. By including Caridad Center in your financial or estate plans, you are making a powerful commitment—whether during your lifetime or beyond—to ensure that compassionate care and critical programs will be here for generations to come. These gifts are vital to building a strong and sustainable future for Caridad’s mission and the people we serve.
When you notify us of your intention to leave a legacy gift, you and your family will be welcomed into our Legacy Society—a special community of supporters who have chosen to invest in Caridad’s future. (If you prefer, you may remain anonymous, but we still encourage you to share your plans with us so we can honor your generosity appropriately.)
There are many ways to structure a planned gift, from bequests to charitable trusts and beyond. As with all charitable contributions, we encourage you to consult your trusted tax or wealth advisors to explore which options may be most beneficial for you, while ensuring compliance with the latest regulations.
If you have already included Caridad Center in your estate plans—thank you! We would be grateful to know of your commitment.
If you would like to leave a lasting gift to Caridad Center while maintaining flexibility should your circumstances change, a will or revocable trust is an excellent option. With just a single sentence, you can ensure that your generosity continues to support our mission for years to come.
Through your will or trust, you can:
Designate a specific dollar amount or percentage of your estate.
Leave the remainder of your estate to Caridad Center after other bequests are fulfilled.
Choose whether your gift is unrestricted (supporting our greatest needs) or directed to a program that is especially meaningful to you.
In addition to making a lasting impact, charitable bequests can also provide significant estate tax benefits. As always, we encourage you to consult with your advisors to determine what is best for you and your family.
Sample Language for Your Will or Trust
Unrestricted Gift – allows Caridad Center to use your gift where it is needed most:
“I give to Caridad Center, Inc., a nonprofit corporation, federal tax ID number , or its successor, the sum of $ (or ____% of my estate, or the property described herein) for its unrestricted charitable purposes.”
Designated Gift – directed toward a specific program or purpose:
“I give to Caridad Center, Inc., a nonprofit corporation, federal tax ID number , or its successor, the sum of $ (or ____% of my estate, or the property described herein). This gift is to be used for [state specific purpose]. If at any time Caridad Center determines that this purpose is no longer feasible or needed, the organization may use my gift in the manner that most closely aligns with my original intent.”
A Simple Way to Leave a Lasting Legacy
Not everyone is ready to make a gift through a will or trust—and that’s okay. Many supporters prefer the flexibility of naming Caridad Center as a beneficiary of an existing asset. This option allows you to provide for your loved ones first, while still making a meaningful difference in the future.
You can designate Caridad Center as a beneficiary of:
IRAs and retirement plans
Life insurance policies
Donor-advised funds
Commercial annuities
It’s simple: just request a change-of-beneficiary form from your policy administrator (or download it from your provider’s website), decide what percentage (anywhere from 1% to 100%) you’d like to leave to Caridad Center, and return the completed form. With just a few steps, you can create a legacy of care and compassion that will live on for generations.
Make a Difference Today with an IRA Gift
If you’re 70½ or older, you can make a tax-smart gift to Caridad Center directly from your IRA. In 2024, you may give up to $105,000 without paying income tax on the transfer. This option—often called an IRA charitable rollover or qualified charitable distribution (QCD)—is one of the most popular ways to give.
Why Consider an IRA Gift?
Put your gift to work right away and see the impact.
Count it toward your required minimum distribution.
Pay no income tax on the transfer—even if you don’t itemize.
Lower your taxable income, which may reduce Medicare premiums and the portion of Social Security subject to tax.
Additional Options
If you’re 59½ or older: You can take a distribution from your IRA and then donate it without penalty—and still claim a charitable deduction if you itemize.
At any age: You can name Caridad Center as a beneficiary of your IRA. This allows your gift to pass to us tax-free after your lifetime, simply by completing a beneficiary form with your IRA administrator.
Important Tip: Please let us know if you’ve arranged a gift through your IRA. Many administrators will not notify us of your plans, and we want to ensure your wishes are carried out—and thank you for your generosity.
A Tax-Savvy Way to Give
Donating appreciated securities or mutual funds that you’ve held for more than a year is a powerful way to support Caridad Center while receiving significant tax advantages.
When you contribute these assets, you may:
Reduce or even eliminate federal capital gains taxes.
Qualify for a charitable deduction based on the fair market value of the securities at the time of transfer.
Ways to Give Securities
Outright Gift: When you donate securities directly to Caridad Center, you receive the same income tax deduction as a cash gift—plus the added benefit of avoiding capital gains taxes (up to 20%). Important: do not sell the securities before transfer, or you’ll lose these tax benefits. Be sure your broker notifies us when the securities are sent so we can credit your gift properly.
Transfer on Death (TOD) Account: By designating Caridad Center as a beneficiary of your brokerage or investment account, the assets transfer directly to us after your lifetime. (Because state laws vary, please consult your bank or financial advisor before making this type of gift.)
Transforming Realty into Lasting Impact
Looking for a way to make a meaningful gift to Caridad Center without drawing from your bank account? Consider donating real estate—such as a personal residence, vacation home, farm, commercial property, or undeveloped land.
A gift of appreciated property held for more than one year offers significant benefits:
Qualify for a federal income tax charitable deduction.
Reduce or eliminate capital gains tax.
Eliminate ongoing expenses like maintenance, property taxes, and insurance.
You also avoid the hassle of selling—simply deed the property directly to Caridad Center or include it in your will or trust.
Ways to Give Real Estate
Outright gift
Bequest in a will or living trust
Donor-advised fund
Deferred charitable gift annuity
Retained life estate
Charitable remainder unitrust
Charitable lead trust
Memorial or endowed gift
Simplify Your Giving with a Donor-Advised Fund (DAF)
A donor-advised fund (DAF) works like a charitable savings account—allowing you to support the causes you care about in a flexible, tax-efficient way.
How It Works
Contribute cash, stocks, or other assets to a DAF (often managed through a community foundation or financial institution).
Receive an immediate charitable tax deduction in the year of your gift.
Your contribution is invested and grows tax-free.
You retain advisory privileges to recommend grants to qualified charities, like Caridad Center, whenever you choose.
Benefits of a DAF
Easier and more flexible than establishing a private foundation.
Freedom to recommend grants in the amount and frequency you prefer.
Opportunity to create a legacy by naming Caridad Center as a beneficiary of all or a percentage of the fund. You may also name loved ones as successors, extending your family’s tradition of giving.
Please note: Contributions to a DAF are irrevocable, and you may have less control over investments compared to a family foundation. Be sure to consult with your advisors to decide whether a DAF or foundation best aligns with your goals.
Honor Someone Special with a Gift in Their Name
If you have a loved one who has been impacted by Caridad Center, establishing a memorial or tribute gift is a meaningful way to honor them or celebrate a special occasion, such as a birthday, anniversary, or even their passing, while supporting our mission. Your memorial or tribute gift will extend the legacy of your loved one and will make a difference.
Your Gift, Forever
An endowment gift to Caridad Center is a powerful way to ensure your support lasts for generations. Endowment donations are invested, with a portion of the annual earnings used to meet today’s needs, while the remainder is reinvested to grow and sustain our mission far into the future.
You can choose to contribute to an existing endowment fund or create your own named endowment, leaving a legacy of lasting impact.
The minimum gift to establish a named endowment fund is $__________ (to be set by the Foundation Board prior to publication).
Protect Your Assets and Provide for Loved Ones
A charitable lead trust allows you to support Caridad Center now while ensuring your family benefits later. You transfer cash or other assets into the trust, which makes payments to Caridad Center for a set number of years. When the term ends, the remaining assets pass to your family or other beneficiaries.
Two Options for Payments:
Charitable Lead Annuity Trust: Pays a fixed annual amount—most attractive when interest rates are low.
Charitable Lead Unitrust: Pays a variable amount each year based on the trust’s value, so if assets grow, Caridad’s payments grow too.
Charitable Gift Annuity
Give a Gift That Pays You Back
A charitable gift annuity allows you to support Caridad Center while receiving dependable, fixed income for life. You make a gift to Caridad Center, and in return, we provide you (and a loved one, if you choose) with annual payments for the rest of your life. At the end of the annuity, the balance supports our mission.
Benefits include:
Guaranteed lifetime income.
Federal income tax deduction (if you itemize).
Reduced or eliminated capital gains tax when funded with appreciated assets.
Option to fund with IRA assets (for donors 70½ or older) through a one-time election of up to $53,000 [confirm amount]. While not deductible, this option avoids income tax liability on the transfer and counts toward required minimum distributions.
Charitable Remainder Trust
A Flexible Solution for Larger Gifts
If you wish to make a significant gift while receiving reliable income, a charitable remainder trust may be ideal. You transfer assets into a trust that provides annual payments to you or other beneficiaries for life (or up to 20 years). At the end of the trust term, the remaining assets support Caridad Center.
Two payout options are available:
Annuity Trust: Pays a fixed annual amount, offering stability regardless of market fluctuations.
Unitrust: Pays a variable annual amount based on a fixed percentage of trust assets, recalculated each year. If the trust grows, so do your payments.
Both options may offer substantial tax benefits while ensuring lasting impact.
