Ways To Give - Pines Foundation
Giving smart is giving well, especially in today's challenging economy where senior care needs far outstrip available charitable resources. Pines is committed to making sure that our donors know their gift options. Additionally, it is a matter of public trust that Pines makes every effort to keep donors' interests and benefits paramount in any gift decision. Therefore, Pines encourages every donor to consult with their financial advisors before making a major gift decision. Without obligation, we welcome your gift giving inquiry.
CashCash is an easy and quick means to support Pines. Checks should be payable to "Pines of Sarasota Foundation".
Credit Card/Online GiftsImmediate, 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 PropertyGifts 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 SecuritiesAppreciated marketable securities traded on the New York Stock Exchange, NASDAQ or other major US stock trading markets are excellent gift vehicles.
Life InsuranceAssigning 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 DistributionFor 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 EstateAppreciated or non-income producing real estate are excellent gifts, subject to environmental review and gifted without lien.
Life Estate GiftsA 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 WillGifts 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:
"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."
" 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."
" 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 AnnuitiesThis 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 TrustsSimilar 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 TrustsThis 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 GiftsOther 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.
Foundation Phone: (941) 955-6293, Fax: (941) 953-4146
Pines of Sarasota Foundation, Inc. 1501 N. Orange Avenue, Sarasota, FL 34236
Pines of Sarasota Foundation is a charitable 501(c)3 corporation generating funds for Pines of Sarasota, a long term care community founded in 1948. You may designate a tax deductible, charitable gift for resident care, capital equipment, or endowment for future resident needs.