Planned Giving

Options for Planned Giving 

  • Individual Retirement Accounts (IRAs) – IRAs and other pension assets can be the most heavily taxed in your estate, yet they are tax exempt when given to SDBB. Contact us to make sure your IRA is properly structured to allow the maximum value to you, your heirs and San Diego Blood Bank.
  • Charitable Trust – a planned gift benefits not only SDBB but also you and your loved ones. Annuities and trusts provide personal income to you or to another person for life, offering immediate benefits to you, and later, benefits to SDBB.
  • Charitable Annuity Trust – depending on your age, this offers you a lifetime income between 4.6% and 12% of the gift you make to SDBB. You can also defer the payments for a loved one’s future security which usually results in a greater annual income. For example, if you invest $100,000 in a charitable annuity trust you can direct SDBB to pay you a fixed income each year for life or for a specified time period. When you die or this period of time ends, the remaining balance in the annuity goes to San Diego Blood Bank. You receive a tax deduction the year the gift is made, plus the return of principal is tax-free.
  • Charitable Unitrust – this does not provide a fixed annual payment but the amount paid to you or a beneficiary is a specified percentage of the value of the trust, revalued each year. The payout is guaranteed to be at least 5% of the trust. Unitrusts offer protection against the probability of inflation, a current tax deduction, the bypass of capital gains tax and usually result in an increase in annual income.
  • Life Insurance – life insurance policies purchased many years ago and no longer needed for their original purposes make wonderful gifts to SDBB. A tax deduction is allowed for a significant portion.
  • Property – gifts of personal property, real estate, life insurance, and works of art or rare coins are fully tax deductible at fair market value. Leaving these gifts to SDBB provides you with the satisfaction that future lives will be able to depend on SDBB’s lifesaving services.
  • SDBB’s Endowment Fund – this fund is made up of gifts and bequests that are subject to a requirement that the principal be maintained intact and invested to create a source of income for the organization. Donors may require that the principal remain intact in perpetuity, or for a defined period of time, or until sufficient assets have been accumulated to achieve a designated purpose.
  • Stocks, Bonds, Securities – making a gift of stock and other securities to SDBB allows you to bypass all capital gains tax and receive a tax deduction for the value of the security. This is a great way to utilize low cost securities to make a lifesaving gift to SDBB.
  • Life Income Plans – securities, land, rental homes, apartment or office buildings, farms, shopping plazas and even your home can be given to a life income plan with SDBB. Many assets can easily be used to increase your income or create a tax deduction while providing a future helping hand to SDBB.
  • Tribute & Memorial Gifts – tribute and memorial gifts are a special way to remember someone. When a donation is made, SDBB will send a note to the appropriate individual to notify them of your generosity. You will receive a receipt for your contribution.