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We need your financial support!
The
Cardiac Therapy Foundation of the Midpeninsula could not exist but for
the generous financial support from its members and friends.
Our member fees pay only about 80% of the expenses needed to run a
first class program such as ours.
We could raise our fees; that unfortunately would probably inhibit
many who need our services from joining. Yes, we do offer
financial aid to those who need it. However, if potential members
felt the costs for our services were too expensive, they would be turned
off and not even investigate our program.
We have been granted IRS 501(c)3 status; therefore,
your donations to us are fully tax deductible as charitable
contributions as provided by law. Click
here to download a copy of the IRS granting letter in PDF format
(Acrobat
Reader needed, a free download from
Adobe).
Gifts may be made
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by check, payable to the Cardiac Therapy Foundation, or
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in the form of publicly-traded appreciated securities.
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Appreciated Securities
Giving appreciated securities is
advantageous because it affords the donor a charitable income tax
deduction based on the securities' market value at the date of
gift. The donor pays no capital gains tax on the appreciation;
please check with your tax advisor for more details.
It is not advantageous to give securities
that have not appreciated. If a donor wishes to dispose of these
securities, the donor should sell them, take the loss personally for
income tax purposes, and make a gift of cash.
Gifts of publicly-traded appreciated
securities are very easy to make using "DTC" wire transfers,
provided these securities are kept in street name in an account at your
brokerage house.
Here is a link to more information on
making gifts of appreciated
securities.
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