A- A A+

TAX-SMART GIVING

What is a donor-advised fund?

A donor-advised fund, or DAF, is essentially a charitable savings account, which gives you the flexibility to recommend how much and how often money is granted to Northside Hospital Foundation and other charities.

You transfer cash or other assets to a tax-exempt sponsoring organization such as a public foundation. In return, you receive an immediate federal income tax charitable deduction at the time you contribute to the account. This also allows for a centralized giving and record-keeping system in one location. In addition, you eliminate the cost and complexities of managing a private foundation.

In order to take deductions on your annual tax return, you must give by December 31st.

Make a donation from your donor-advised Fund.

Do you have a family foundation, community foundation fund or a personal donor-advised fund?

If so, you can designate annual or quarterly gifts in support of a Northside Hospital Foundation fund. To set up a donor-advised fund or add the Northside Hospital Foundation as a beneficiary through your donor-advised fund or IRA funds, contact your fund manager or investment company manager directly. For more information, please email foundation@northside.com or call 770.667.4483.

Examples of donor-advised fund organizations:

Securities & Mutual Funds

When investment values are up, many donors strategically choose to give appreciated securities, taxable IRA funds (age 70 1/2 or older), and mutual funds/stocks for the tax benefits. Securities owned for a year or more are eligible for tax deductions for the full current value of the donated securities, not the lesser amount paid for them. In addition, they are not subject to the capital gains tax that they would be if the securities were sold and proceeds were donated as cash.

Securities, such as stocks, bonds, and money market instruments, should be initiated by your broker insufficient time to clear before the close of business on December 29. If you decide to give a gift in the form of a security to the Northside Hospital Foundation, please contact foundation@northside.com for our broker contact information to ensure that the transaction occurs smoothly and in a timely manner.

Property

To discuss a gift of property or real estate, call 770.667.4483 or email foundation@northside.com.

Other Ways To Give

Checks

Please be sure your check is dated and your envelope is postmarked on or before December 31.  You will receive a confirmation letter regarding your gift.

Kindly send checks to Northside Hospital Foundation: 3400-C Old Milton Pkwy, Suite 170, Alpharetta, GA 30005

Online

Give online at https://give.northside.com/ways-to-give/donate/.  Donations made by 11:59 p.m. ET on December 31, will count in that tax year. You'll receive an email confirmation of your online gift.

Northside Hospital is a registered 501(c)3 not-for-profit organization dedicated to Northside Hospital and the health and wellness of the communities we serve. Our philanthropic vision is to connect donors, volunteers and resources to build strong and healthy communities.
Our Tax ID is 58-1653541.