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One of the easiest and most common ways for you to support the Hospital for Special Care Foundation is with a gift of cash. Cash can be used to support our work in the form of:
An outright gift. By making a cash gift by check, credit card or money order today, you enable us to meet our most urgent needs and carry out our mission on a daily basis. You will have the opportunity to see your generosity in action and will also receive a federal income tax charitable deduction, when you itemize.
A payable on death (POD) account. A POD bank account or certificate of deposit names one or more persons or charities as the beneficiary of all funds once you, the account owner, pass away. The beneficiary you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, change the beneficiary or close the account.
A gift in your will or living trust. Through a gift in your will or living trust, you can support the Hospital for Special Care Foundation with a specific amount of money or a percentage of your total estate. This type of gift allows you the flexibility to change your mind at any time.
A charitable remainder trust. Cash is the easiest and least complicated way to fund a charitable remainder trust. Oftentimes, it can provide the necessary liquidity to provide for payments to the income beneficiary when the trust is funded with hard to sell assets.
A charitable lead trust. You may always use cash to fund a lead trust. Oftentimes, lead trusts are funded with cash in addition to stock or real estate.
A donor advised fund. A gift of cash through check or credit card is one of the easiest ways to contribute to a donor advised fund. You receive a federal income tax charitable deduction equal to the amount of your cash contribution, when you itemize.
Memorial and tribute gifts. If you have a friend or family member whose life has been touched by the Hospital for Special Care Foundation, consider making a gift to us in his or her name.
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Submit a few details and see how an outright gift can meet some of our most pressing needs.
- Contact Linda Glovna at 860.612.6312 or Lglovna@hfsc.org for additional information on giving a gift of cash.
- Seek the advice of your financial or legal advisor.
- If you include the Hospital for Special Care Foundation in your plans, please use our legal name and Federal Tax ID.
Legal Name: Hospital for Special Care Foundation, Inc.
Address 2150 Corbin Avenue, New Britain, CT 06053
Federal Tax ID Number: 06-1534092
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.