Giving Center

Gifts of Stocks

1. Download AAHPM’s Stock Contribution Form.
2. Send the form with written gift instructions to your bank or broker, clearly identifying the quantity and types of shares to be gifted to AAHPM. OTC and Account information is included on the contribution form.
3. Send a copy of the stock contribution form to AAHPM, so that we may easily identify your gift as it is received in our brokerage account and process without delay.

Note: Your charitable income tax deduction is equal to the fair market value of the stock.

Gifts of Bonds

1. Redeem your savings bonds and support AAHPM by giving a gift of the cash equivalent. This will trigger a tax liability to you on the interest income. however. if you itemize, you will receive a charitable tax deduction benefit to assist in offsetting the additional taxable income.
2. In your will, leave the bonds to AAHPM. The Academy is a tax-exempt organization and will receive the full value of the bonds, which could have otherwise been reduced by up to 35% for income taxes.
3. Set up a charitable remainder trust and leave the bonds upon your death to AAHPM. Lifetime payments will benefit your chosen loved ones and then the balance will support our mission.

Note: Consult your tax advisor for further information. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Thank you for your support of hospice and palliative medicine.

What are employee matching gifts?

Corporate Giving programs often provide employee matching gifts in which the company matches the donations made by employees to eligible non-profit organizations. By utilizing their program you may be able to double or even triple the amount of your donation.

How do I request a matching gift?

Typically. in a process that takes less than 5 minutes. you can initiate the matching gift by filling out a paper or digital form provided by the employer.

For questions regarding your company’s specific policies, procedures, and programs. you can contact your HR department or community giving department.

Bequests

A bequest is defined as a gift of funds or property to a non-profit organization in your will and is a direct and easy option for leaving a planned donation to AAHPM. The benefits of doing so via a bequest include the qualification of an estate tax charitable deduction, the ability to expand the impact of your philanthropy for years to come and to ensure a lasting legacy with continued support for the cause that is important to you.

An example of language used in a bequest is outlined below:

“I give (or bequeath) to the American Academy of Hospice and Palliative Medicine, located in Chicago, Illinois, a non-stock charitable corporation, tax ID number 59-2918299, for general charitable purposes, the following assets: ____________.”

In many cases, it makes sense to name AAHPM as a percentage beneficiary of your estate; that way your estate plan can reflect your overall intent and goals regardless of valuation fluctuations.

IRA Charitable Rollover

You can also utilize your individual retirement account (IRA) to make a difference in the field of hospice and palliative medicine. It is easy and might save you on taxes. This tax-prudent method is also known as a Qualified Charitable Distribution (QCD).

A QCD is a direct transfer of funds from your IRA, payable to a qualified charity such as AAHPM and can be counted toward your required minimum distribution (RMD) for the year. You can also do so without itemizing.

To set up a QCD you must be 70 ½ or older, limit the amount that would otherwise be taxed as ordinary income (excluding non-deductible contributions.) and set the maximum annual amount is $100,000. Married couples with separate IRAs may each transfer up to $100,000 annually.

Please discuss with your financial and/or tax advisor to decide if a QCD is right for you and/or contact your IRA administrator and ask them to assist you in making a QCD.

Visit the IRS website to learn more about QCD’S.

You can set up a Donor Advised Fund via your financial institution by contacting their fund manager. By requesting it to support AAHPM, the institution will then send funds directly to the Academy.

When setting up support for AAHPM, please request that your name and address be included so we may thank you for your generosity.

Mailing Address
American Academy of Hospice and Palliative Medicine
8735 West Higgins Road, Suite 300
Chicago, IL 60631

Tax Identification Number: 59-2918299