Planned Giving

For more information, contact:

Paula Bragg
Director of Philanthropy
(410) 578-5315
[email protected]

We know that your gifts to Mt. Washington Pediatric Hospital are motivated by your commitment to our mission of caring for seriously ill children. You can provide for the future of MWPH in a way that you might not otherwise have thought possible, while also offering substantial tax benefits to you and your loved ones.

Here are some of the options that are available to you:

Appreciated Securities

  • Charitable income tax deduction for full fair market value of the securities donated if you itemize.
  • Avoid capital gains taxes that would have been due if you sold your appreciated securities.


  • Will or trust (of money or other assets) to MWPH.
  • Satisfaction of extending influence and interests beyond your lifetime.
  • Can be an outright gift or a life income gift, may reduce or eliminate estate taxes.

Tangible Personal Property

  • Art or books add immeasurably to the hospital environment.
  • Provide varying tax benefits depending on whether MWPH can use the gift or sells it to another party.

Life Insurance

  • Gift credit and an immediate income tax deduction for the cash surrender value of the policy (technically, the “interpolated terminal reserve value” of the policy).
  • Existing policies or new policies can be assigned to MWPH.
  • Insurance policies are also very useful to “replace donated funds for heirs.”

Charitable Lead Trusts

  • Trust pays income to MWPH for life and/or a specified period of time (usually 10-20 years).
  • When trust ends, assets revert to donor or donor’s heirs.
  • Can provide donor(s)/MWPH with great benefits in the right situation, work best when interest rates low.

Gifts from your IRA

  • Donors age 70 ½ or older can make gifts of up to $100,000 to Mt. Washington Pediatric Hospital directly from their IRA.
  • While there is no tax deduction, IRA withdrawal is excluded from the donor’s taxable income.
  • Gifts from IRA authorized by Tax Extenders and Alternative Minimum Tax Relief Act of 2008 for calendar years 2008 and 2009.

Gifts That Provide Income to You refers to how donors can make gifts and retain income.

Charitable Gift Annuities

  • Immediate charitable income tax deduction for a portion of the gift.
  • Fixed income for donor and/or second person for life.
  • Income payments can begin immediately or can be delayed until a future date chosen by the donor.
  • When the gift annuity ends, MWPH uses the assets for a purpose you designate.

Charitable Remainder Trusts

  • Immediate charitable income tax deduction for a portion of the gift.
  • Fixed or variable income for donor and/or other person.
  • Specified term (generally your lifetime).
  • Income based on a payout rate chosen by donor and MWPH.
  • When the trust ends, MWPH uses the assets for a purpose you designate.

Please see your attorney or tax advisor for specific advice about making a planned gift to Mt. Washington Pediatric Hospital.