Gifts That You Pay Income

Charitable Trusts

 

HOW IT WORKS:

  • You transfer cash, securities, or other appreciated property into a trust. Our required minimum for this type of gift is $100,000. 
  • The trust makes fixed annual payments to you or to beneficiaries you name.
  • When the trust terminates, the remainder passes to Palomar Health Foundation to be used as you have directed.

BENEFITS:

  • Receive income for life or a term of years in return for your gift.
  • Receive an immediate income tax deduction for a portion of your contribution.
  • Pay no up front capital gains tax on appreciated assets you donate.
  • Your trust can meet personal or family needs that are tied to a specific time frame, such as tuition payments. 

 

Disclaimer: The information presented here is not offered as legal or tax advice. 
Please consult a professional tax adviser.

  • Palomar Medical Center Escondido

     

    2185 Citracado Parkway

    Escondido, CA 92029

    442.281.5000

  • Palomar Medical Center Downtown Escondido

     

    555 East Valley Parkway

    Escondido, CA 92025

    760.739.3000

  • Palomar Medical Center Poway

     

    15615 Pomerado Road

    Poway, CA 92064

    858.613.4000