Ways To Give - Pines Foundation

Credit Card/Online Gifts

Immediate, cash gifts can be made online through your credit card by clicking the DONATE button on this page or by calling the Foundation Office at (941) 955-6293.

Tangible Personal Property

Gifts of tangible personal property, such as jewelry, artwork, collections, home or office furnishings and equipment and other personal property may be donated if readily marketable or of charitable purpose use by the Foundation.

Marketable Securities

Appreciated marketable securities traded on the New York Stock Exchange, NASDAQ or other major US stock trading markets are excellent gift vehicles.

Life Insurance

Assigning a paid up, existing life insurance policy to Pines of Sarasota Foundation, or establishing a new policy is welcome. In both instances, the Pines Foundation must be both beneficiary and irrevocable owner.

IRA Distribution

For individuals age 70 ½ and older, distributions from a qualified retirement plan can be particularly attractive. Unique tax savings and gift deductions are available.

Real Estate

Appreciated or non-income producing real estate are excellent gifts, subject to environmental review and gifted without lien.

Life Estate Gifts

A residence can be gifted and lived in during one's lifetime, producing an immediate and significant tax deduction, and making a major gift to Pines Foundation.

Bequests By Will

Gifts through wills and testamentary trusts are encouraged and most appreciated. Adding a codicil to an existing will is the simplest way to make such gifts. Specific language to include may be:

 

Residual Devise

"I give, devise and bequeath to PINES OF SARASOTA FOUNDATION, INC., EIN# 59-2988752, for its general charitable purposes all of the rest, residue and remainder of my estate, both real and personal."

Specific Devise

" I give, devise and bequeath to PINES OF SARASOTA FOUNDATION, INC., EIN# 59-2988752,the sum of $____________ to be used for the general charitable purposes of PINES OF SARASOTA FOUNDATION, INC."

OR

" I give, devise and bequeath to PINES OF SARASOTA FOUNDATION, INC., EIN# 59-2988752,the sum of $____________ to be used for the specific charitable purpose of ____________ (endowment, special project or restriction) or as determined by PINES OF SARASOTA FOUNDATION Board of Directors should my gift restriction no longer benefit the mission of the organization."

Charitable Gift Annuities

This gift vehicle allows for cash or appreciated stock to be placed with our Foundation and in return the donor received GUARANTEED income for life and substantial tax deductions.

Charitable Remainder Trusts

Similar to gift annuities, charitable trusts are created for larger donations which can have multiple ultimate charities as beneficiaries. Income for life and tax deductions are key elements of these trusts.

Charitable Lead Trusts

This gift vehicle allows for the transfer of wealth to the next generation or until the donor is in a lower income tax bracket, providing annual support for Pines Foundation for a period of years in the process.

Complex Gifts

Other gifts in the form of closely held business interests, oil, gas or mineral leases, mortgages, notes, copyrights, royalties and easements all can be beneficial gift vehicles.

Gifts to Pines of Sarasota Foundation fully qualify for tax deductions as provided by law. 100% of contributions goes to support the Pines mission. You can become a part of the solution to long-term care by assisting Pines Foundation.

 

Foundation Phone: (941) 955-6293, Fax: (941) 953-4146

Pines of Sarasota Foundation, Inc. 1501 N. Orange Avenue, Sarasota, FL 34236