Outright Gifts
The most common way to give to Hoag is through outright gifts of cash or appreciated stock. These simple transactions can provide tax benefits and allow the hospital to move forward more quickly to achieve the Renaissance Hoag vision. Attractive gift and naming opportunities are available in recognition of leadership giving providing a way to create a legacy in honor or memory of a loved one.
Cash
A gift of cash is the simplest, most direct, and most popular way to support Hoag Hospital. Because of the tax savings from the charitable deduction, your net cost can be significantly less than the actual amount of the gift.
Securities
Popular alternatives to cash are gifts of appreciated property, such as securities or real estate. These can provide even greater tax benefits to you than an equivalent gift in cash, especially when the appreciated property has been held long-term (more than one year).
Gifts of Stock
When transferring appreciated stock directly from your account to Hoag Hospital Foundation's account at Smith Barney / Citigroup:
- Make sure your broker understands that the stock is to be transferred, and NOT liquidated.
- Wire transfers take place with numbers, not names, so in order for us to match up your gift of stock upon receipt, please call us at (949) 764-7200 with the following information:
Stock Name
# of Shares
Date of Transfer
Intent of Gift (Restricted/Unrestricted)
Donor Name & Address
- Our transfer agent at Smith Barney/Citigroup is:
Scott Anderson
(949) 955-7549
- The Hoag Hospital Foundation Account number is:
- The DTC # is:
- Hoag Hospital Foundation Federal Tax ID number is:
- Hoag Hospital Foundation is a tax-exempt 501(c)(3) corporation.
Real Estate
If you have owned your home or other real estate for a long time, no doubt it has increased in value significantly. What happens if you sell the property?
First of all, the sale is subject to capital gains tax on the property's appreciation. If the property has been your main home for at least two of the past five years, you can exclude up to $250,000 of gain ($500,000 for married couples). However, this opportunity to avoid capital gains tax doesn't apply if the property is a vacation home, land or any other real estate other than your primary residence.
Before you sell your real estate, consider making a gift of your home to Hoag. When you make a gift of real property held for more than a year, you obtain a charitable income tax deduction equal to the property's appraised value. This deduction reduces your cost of making this gift. You also avoid capital gains tax on the property's appreciation.
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