Ways to Give
The HSHS St. Joseph’s Foundation welcomes the opportunity to assist those who wish to donate to the hospital through planned gifts, annual gifts, memorials and/or tribute gifts.
There are many ways to make a gift to the HSHS St. Joseph’s Foundation, including:
Gifts may be made with cash or a check. Please make checks payable to the HSHS St. Joseph’s Foundation.
The HSHS St. Joseph’s Foundation is happy to accept your American Express, Discover Card, Visa or Master Card. Please call our office at (618) 526-5439 or click below for a secure donation page.
Memorial and Honor Gifts
Gifts of any size to St. Joseph’s Hospital can be made in honor or in memory of someone. Donors make gifts to remember a loved one, to recognize a physician or another caregiver at the hospital or to celebrate a special occasion. If you wish to make a gift in honor or in of someone, please include the name of the person as well as the contact information (name and address) for any person who we can notify of your thoughtfulness.
Matching gifts occur when a company matches the charitable contribution of an employee to a nonprofit organization. If you (or your spouse) work for a matching gift company, your gift may be doubled, or even tripled. Please contact your Human Resources Department for their specific instructions.
Gifts of appreciated securities may offer you significant tax savings. For information how to transfer securities to the HSHS St. Joseph’s Foundation, please call our office at (618) 526-5439.
If your company or foundation would like to contribute directly to the HSHS St. Joseph’s Foundation, please call our office at (618) 526-5439.
Gifts Made Through a Will
You may also arrange for a charitable bequest – a gift made from an estate, after death, or as a result of instructions outlined in a will. Bequests can be of a specific dollar amount, a specific asset or assets or for a percentage of an estate. If you choose to give a gift to the HSHS St. Joseph’s Foundation through your will, you can make your bequest available for our immediate use or you may restrict it to endowment. With endowment gifts, a portion of the investment earnings are used to fulfill the stated purpose of the gift. The proper way to list us in your estate is: HSHS St. Joseph’s Foundation, a division of the Hospital Sisters of St. Francis Foundation, Inc., 9515 Holy Cross Lane, Breese, IL 62230.
New Giving Option - Knights of Columbus Life Insurance!
The Knights of Columbus, through the Niemeyer Insurance Agency in Breese, are offering an insurance product that allows individuals to give a maximum bequest (life insurance death benefit) for a relatively small amount of charitable contribution (the policy’s premiums). This can accomplish the charitable goals of the donor in an efficient, timely manner, upon the death of the insured person—outside of the probate process, and therefore not a matter of public record.
Generally, as long as the policy is owned by the HSHS St. Joseph’s Foundation, the premiums for the policy are deductible from federal income taxes as charitable gifts (subject to limits of income). Since the charity is designated as the beneficiary, you’ll have the benefit of knowing that upon the insured’s death, the life insurance death benefit will be paid directly to HSHS St. Joseph’s Hospital in Breese. In addition to the comfort of working with a local agency, you’ll also have the confidence of knowing your charitable gift is maintained by an organization rated as a “World’s Most Ethical Company,” and is listed in the Fortune 1000. Additionally, the Knights of Columbus uses a set of criteria to screen all investments for compliance with Catholic principles. For more information, contact Matt Albers at the Niemeyer Agency - Knights of Columbus, or visit their website by clicking here.
Charitable trusts are another option for donors who wish to make a current or deferred gift to the HSHS St. Joseph’s Foundation but are concerned about retaining an income from the asset. Charitable trusts can provide donors with regular cash payments, current charitable income tax deduction, avoidance or reduction of estate taxes and elimination of money-management concerns.
Giving through such arrangements can be a meaningful way to blend your philanthropic goals with your personal financial and tax-planning needs. Charitable trusts are set up through an outside advisor such as through a trust department of a bank. It is important that you let us know if the HSHS St. Joseph’s Foundation is a beneficiary of a trust agreement so we may thank you and recognize your gift appropriately.
Sometimes people no longer need a life insurance policy they purchased when they were younger to protect a growing family and/or they have accumulated ample assets necessary to meet day-to-day financial demands. In this case, the cash value of a life insurance policy as a charitable gift may make sense. Donors may also establish new cash value policies on themselves and deduct the premiums as long as the HSHS St. Joseph’s Foundation is named owner and beneficiary of the policy. For more information on making a charitable gift through life insurance, please call our office at (618) 526-5439.
An endowment is an amount of money that is given to the HSHS St. Joseph’s Foundation with a stipulation that the funds are invested to earn annual interest rather than spent immediately. A portion of the annual earnings is used to support programs within St. Joseph’s Hospital. An endowment can be restricted to a specific department or unrestricted to be used for the greatest need. Named endowments are a gracious way to honor an individual loved one or a family name. A minimum of $20,000 is required to establish a named endowment. For more information on establishing an endowment, please call our office at (618) 526-5439.
The information contained in this web site is for informational purposes. You should seek advice from your personal legal or tax advisor to determine your individual tax benefits.