Making a Difference
Catholic Health Home Care depends on the generosity and kindness of donors like you to support our mission and daily operations. Please consider giving to Catholic Health Home Care to help us care for all of our patients across Long Island and Queens.
How to Give
Catholic Health Home Care is a not-for-profit 501(c)3 tax-exempt institution. All gifts are tax-deductible.
We live in challenging times. But your support, no matter how large or small, will make a difference. We are grateful for your continued support of Catholic Health Home Care.
In addition to an online donation, we also accept donations by mail and by phone.
You can make a check payable to Catholic Health Home Care and mail to:
Catholic Health Home Care
110 Bi-County Blvd, Suite 114
Farmingdale, NY 11735
Call our development office at 631-465-6350 or 631-828-7691 to pay by credit card or request a donation envelope be mailed to you.
A planned gift is a donation arranged today and allocated at a future date. With smart planning, you may actually increase the size of your estate and/or reduce the tax burden on your heirs. You will also know that you have made a meaningful contribution to ensure the future of Catholic Health Home Care.
Types of planned gifts:
- Gifts from retirement plans/IRA rollover gifts
- Gifts of stock and appreciated assets
- Life insurance
Call 631-828-7605 for more information.
A planned gift is a donation arranged today and allocated at a future date. Making a planned gift is a wonderful way to show your support and appreciation for Catholic Health Home Care and its mission while accommodating your own personal, financial, estate-planning and philanthropic goals.
With smart planning, you may actually increase the size of your estate and/or reduce the tax burden on your heirs. Just as important, you will know that you have made a meaningful contribution to ensure the future of Catholic Health Home Care.
A gift through your will or living trust costs you nothing now but provides support to Catholic Health Home Care after your lifetime. You may secure a charitable estate-tax deduction for the value of your gift.
How it works:
- You include a gift in your will, or living trust, to provide support to us after your lifetime.
- Make your bequest unrestricted or direct it to a specific purpose.
- Your bequest can be general (cash or a percentage), residuary (provide for your heirs first then the balance remaining is passed on to Catholic Health Home Care), or a contingent bequest given only under circumstances you describe.
- Your assets remain in your control during your lifetime.
- You can modify your gift to address changing circumstances.
- You can direct your gift to a particular purpose (be sure to check with us to make sure your gift can be used as intended).
- Secure a charitable estate-tax deduction for the value of your gift, which reduces the tax burden of your estate.
- Knowing your generosity will support our mission for years to come.
How it works:
- You transfer appreciated stocks, bonds or mutual fund shares you have owned for more than one year to Catholic Health Home Care.
- Qualify to receive an income tax deduction for the full fair-market value of the stock upon being sold.
- You receive an immediate income tax deduction for the full fair-market value of the securities on the date of the transfer (even if you originally paid much less for them).
- Avoid long-term capital-gain taxes on any appreciation in the value of the stock.
- Giving appreciated stock can be more beneficial than giving cash. The “cost” of your gift is often less than the deduction you gain by making it.
Long Term Retirement Gifts
- You name or designate Catholic Health Home Care as a beneficiary of your IRA, 401(k) or other qualified retirement plan.
- Funds are transferred by your plan administrator as a beneficiary upon death or as an immediate IRA rollover gift.
- Tell Catholic Health Home Care about your beneficiary designation gift. Your plan administrator is not obligated to notify us. If you don’t tell us then we may not know.
Immediate IRA Rollover Gifts
- You must be age 70½ or older at the time of the gift.
- Transfers must be made directly from your traditional or Roth IRA by your IRA administrator to Catholic Health Home Care.
- Annual maximum donation is $100,000, per individual. (Two spouses may each give $100,000 per year.)
- Counts toward your required minimum distribution for the year in which you make the gift.
- No federal estate tax on the gifted funds and, as a non-profit organization, we can use 100 percent of your gift.
- Continue to take regular lifetime withdrawals.
- Maintain flexibility to change beneficiaries if your family’s needs change during your lifetime.
- Your heirs avoid the potential double taxation on the assets left in your retirement account.
How it works:
- You transfer all or part of the proceeds of your insurance policy to Catholic Health Home Care.
- Designate Catholic Health Home Care as an irrevocable beneficiary to receive an income tax deduction.
- Catholic Health Home Care may surrender the policy for its cash value.
- Name Catholic Health Home Care as a beneficiary of your policy upon death.
- Make a gift using an asset that you no longer need for family protection.
- Receive an income tax deduction equal to the cash surrender value of the policy.
- If premiums remain to be paid, you can receive income tax deductions for contributions to Catholic Health Home Care to pay these premiums.
- You can make a substantial gift on the installment plan.