Gifts of Hope for Today and Tomorrow

Make an impact tomorrow by making a charitable bequest today

monarch-studio-hope-haven-1697We know that you want to help support the vital work that we at Hope Haven are doing for our community every day. We also understand that you want to protect your family’s future. That’s why we offer a simple, flexible way you can help us continue to achieve our mission
in the years to come without giving up your assets today: a charitable bequest. With a charitable bequest, you can provide Hope Haven with a fixed or variable gift from your estate, which also entitles your estate to an unlimited federal estate tax charitable deduction.

Peter and Jane’s story will help you understand how it works.

Soon after their wedding, Peter and Jane protected their assets by drafting a will. As lifelong friends and supporters of Hope Haven, they included a bequest of $75,000 to the organization.

Over the next several years Peter and Jane were blessed with a growing family. Like all parents, Peter and Jane wanted to safeguard their family’s security, but they still wanted to provide a gift to Hope Haven.

With their attorney’s advice, Peter and Jane recently revised their will and converted their gift to Hope Haven to a percentage of their estate rather than a set amount. Now Peter and Jane can rest assured that their family is protected – and so is their commitment to the organization that they love.

How to fund it:

These assets can fund your bequest:

  • Cash
  • Appreciated securities
  • Real estate
  • Tangible personal property
  • Closely held stock

Why make a bequest:

  • Tax savings – a charitable gift through your estate may reduce estate taxes
  • Retain assets – a bequest allows you to retain assets during your life
  • Retain control – you may change the beneficiaries at any time
  • Live on as a member of the Legacy Society – your bequest allows Hope Haven to recognize you as a member of our Legacy Society

Next steps:

  • Contact Hope Haven’s Office of Development at 904-346-5100 ext.250 for additional information on bequests; and
  • Seek the advice of your financial or legal advisor.

If you include Hope Haven in your estate plans, please use our legal name and Federal Tax ID:

Legal Name: Hope Haven Association Inc.
Address: 4600 Beach Boulevard, Jacksonville, Florida, 32207
Federal Tax ID: 59-0668485

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.

Life insurance

Continue supporting our work with a gift from your life insurance policy

Did you know that you can designate all or a portion of your life insurance policy to help us continue providing family-centered, world-renowned education and cutting-edge therapies to children and young adults? You absolutely can. In fact, your policy can be a powerful and simple way to support our mission.

Here are three simple ways you can give a gift to Hope Haven from your life insurance policy:

  1. Name Hope Haven as a beneficiary: Naming Hope Haven as a beneficiary is as simple as updating your beneficiary designation form with the policy holder. There are two ways you can provide this gift: 1) designate Hope Haven as the primary beneficiary for a percentage or specific amount of the policy; or 2) make Hope Haven the contingent beneficiary, which means that Hope Haven will receive the balance of the policy only in the event that your primary beneficiary doesn’t survive you.
  2. Make an outright gift of an existing policy: By naming Hope Haven as owner and beneficiary of an existing policy, you can receive a federal income tax charitable deduction and reduce your future estate tax liability. If you continue to pay premiums on the policy, each payment is tax deductible as a charitable gift.
  3. Make an outright gift of a new policy: You can take out a new policy and irrevocably name Hope Haven as the owner and the beneficiary of the insurance contract. Whether you make one single premium payment or pay annual premiums, each payment is tax deductible as a charitable gift.

Next steps:

  • Seek the advice of your financial or legal advisor; and
  • Contact Hope Haven’s Office of Development at 904-346-5100 ext.250 for additional information about beneficiary designations.

If you include Hope Haven in your estate plans, please use our legal name and Federal Tax ID

Legal Name: Hope Haven Association Inc.
Address: 4600 Beach Boulevard, Jacksonville, Florida, 32207
Federal Tax ID: 59-0668485

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.

Sample Bequest Language

Giving to Hope Haven through your will or living trust is known as a “bequest.” A bequest can include cash, securities, real estate or property.

Bequests can be made for a percentage of the estate or for a certain dollar amount. You can have your bequest restricted for a specific purpose or designate it for general use at Hope Haven. Many donors use their bequests to establish endowments that honor the memory of a loved one. These endowments live forever, as only the endowment’s income is used annually.

Wills are important legal documents, and as such, you should seek an attorney’s help when drafting or changing the document. To assist you with this important process, we have suggested wording for bequests below.

Understanding Bequests

Restricted bequest – funds will only be used for purposes designated by you Download PDF

Unrestricted bequest – Hope Haven may designate how funds will be used  Download PDF

The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results.