Estate Planning
By including The Super Jake Foundation in your estate planning, you can help create change in pediatric medicine and research and leave a legacy for generations to come.
Please let us know if you have arranged or are interested in preparing for a future gift to The Super Jake Foundation through your financial or estate plan. We would be grateful for the opportunity to thank you and to recognize your generosity.
To learn more about including The Super Jake Foundation in your will or trust or designating The Super Jake Foundation as the charitable beneficiary of a retirement, investment or bank account or life insurance policy please fill out the contact form below and someone from our team will contact you.
Stocks & Mutual Funds
Donations of appreciated securities including stocks or bonds are an extremely tax-efficient way to make a gift to The Super Jake Foundation.
A gift of highly-appreciated securities offers you two-fold tax savings by avoiding the capital gains tax that is owed if you sell the stock prior to making the gift.
Appreciated stock gifts allow you to take an income tax deduction for the full fair-market value of the stock at the time of the gift. (Qualifying stocks should be owned for more than one year.)
Long-term capital gain stock gifts are deductible up to a maximum of 30% of your adjusted gross income.
If you would like to make a donation or have a question please complete the form below and a team member will contact you.
Life Insurance
If you have a life insurance policy that you no longer need, donating it to The Super Jake Foundation may allow you to take advantage of a charitable tax deduction.
For a paid-up policy, you’ll benefit from an income tax deduction equal to the replacement value of the policy or the tax basis (premiums paid on the policy up until the date of the gift), whichever is less.
If premiums remain to be paid, future annual premiums paid to The Super Jake Foundation will qualify as tax-deductible charitable gifts.
Please complete the form below to find out more.
Retirement Plans and IRAs
IRAs, 401(k), 403(b) and other retirement accounts grow tax-deferred, unlike many other types of investments, funds withdrawn from retirement accounts can be taxable to you and, eventually, to your heirs.
It may be very beneficial from a tax standpoint to designate The Super Jake Foundation as the beneficiary of your retirement account.
Retirement accounts left to The Super Jake Foundation are removed from your estate for federal estate tax purposes and there is no income tax assessed against your estate or your heirs when the funds are transferred to us, allowing you to avoid multiple taxes.
Age 70.5 Distributions
If you are 70 ½ years of age or older you are required to start distributions from your IRA. Instead of creating a taxable event, consider making it a charitable gift transferred directly from your IRA to The Super Jake Foundation. As long as it is paid directly to The Super Jake Foundation it will not be taxed and will qualify toward your required minimum distribution, which may result in tax savings for you!
Fill out the form below and a Super Jake team member will contact you to provide any information you may need and help with the transfer.
