Why Give

You can include the Foundation in your will and estate plans. Your attorney can help you determine the language best suited to your circumstances to provide for the Foundation in your will or estate plans. In many cases, leaving your legacy can be as easy as adding the following bequest language to your will: 

“I, [name], of [city, state zip], give, devise and bequeath to Father Isaac’s Foundation, Inc. [written amount or percentage of the estate or description of property] for its unrestricted use and purpose.”

Contact us with your intentions at: info@fatherisaac.org.

You can make a donation in memory or an honorarium in remembrance of a friend and loved one who was passionate about healthcare for the poor, the needy and less privilege. Often, families suggest that friends contribute to a memorial fund set up in the name of the deceased in lieu of sending flowers. The Foundation will assist in creating a memorial for a friend or loved one. When the gift is received, a special acknowledgment will be sent to donor you indicate.

Honorariums pay tribute to those whose diligence, achievements, or example has had noteworthy impact on their communities, the environment, medical professional or society.

You can donate your life insurance policy to the Foundation. Making a gift of a life insurance policy, existing or new, can be an economical way to give. Naming Father Isaac’s Foundation, Inc. as both owner and beneficiary of a paid-up policy entitles you to a deduction equal to the policy’s cost basis. Making a gift of a policy that is not paid-up provides you with a tax deduction approximately equal to the policy’s cash surrender value. Making a gift with a new policy, with Father Isaac’s Foundation, Inc. as owner and beneficiary, allows you to deduct premium payment donations to the Foundation that allows the Foundation to pay the premiums.

You can donate donor-advised trust fund. Your income-producing trusts are a valuable option for donors who wish to benefit from their gift. Assets are put in a trust which pays a minimum of 5% annually to you or other non-charitable beneficiaries. When those payments are no longer made, through a fixed term or at death, the trust’s remainder goes to the Foundation.

You can make gifts of stocks and bonds. Giving stocks and bonds that you have owned for more than one year which have increased in value can provide strong benefits. You may deduct the full market value of the securities and avoid paying capital gains tax on the appreciation. Your deduction is up to 30% of your income, with a five-year carryover.

You can donate your 401K or IRA accounts. Your accounts can also be used as charitable gifts. Any amount left in these accounts at the death of an individual is otherwise taxed as ordinary income and then exposed to estate taxes as well. Non-profits foundations can be named as beneficiaries or contingent beneficiaries for these retirement accounts.

Many companies match charitable gifts made by their employees, by doubling or sometimes tripling your gift.

Find out if your employer will match your gift.

If you are age 70.5 years or older, you can make a gift to Father Isaac's Foundation, Inc., and avoid paying income tax on your distribution.

Contact your IRA administrator for more information.

If you itemize tax deductions, you may deduct a gift of cash up to 50% of your income. If your gift to charity exceeds this amount, you may carry forward the excess deduction for up to five additional years.

You can donate your used car, truck, van or ambulance to our vehicle donations program.

We encourage you to consult your financial advisor, before making your gift donation offer.

If you have any questions, please contact us at: (716) 418-5209, or email: info@fatherisaac.org