Articles In This Issue

Year-End Tax-Smart Ways to Give

The end of the year will be here before you know it. There are many ways to give that cost nothing today but will help fund lifesaving cancer research and innovative treatment breakthroughs in the future.

Qualified Charitable Distribution (QCD)
If you are 70½ or older, you can make a QCD of up to $100,000 to City of Hope. Giving directly to charity will reduce your adjustable gross income and lower your taxes.

New for 2023: If you are 70½ or older, you can make a one-time, tax-free QCD of up to $50,000 from your IRA to City of Hope to fund a charitable gift annuity for you or another person of your choice. Rates are currently as high as 9.7%, depending on your age.

Beneficiary Designation
You most likely have a large percentage of your assets in one or more retirement accounts. These can be taxed at high rates when left to your heirs. Designating City of Hope as your beneficiary is an easy and tax-smart way to give.

Appreciated Assets
A gift of appreciated assets such as stocks, bonds, mutual funds, even real estate, could help you reduce, defer or eliminate capital gains tax.

Donor Advised Fund (DAF)
A grant from your DAF is a convenient way to make a year-end gift to City of Hope and receive an immediate tax deduction.

Contact us at 800-232-3314 or to learn more about the financial benefits of a year-end gift to City of Hope.

Our planning experts would be happy to assist you.

We Are Here to Help You

If you would like assistance creating or expanding your personal legacy, please contact us at 800-232-3314 or Our planning experts are here to help you in any way we can.

Legacy of Hope Society

If you have already included City of Hope in your will, trust or estate plan, please let us know so that we may thank and celebrate you. Notifying us is the best way to ensure we receive the gift you intend for us and that your wishes for the use of your gift are honored at the time your gift is received.

We would also like to welcome you into our Legacy of Hope Society and, with your permission, provide appropriate recognition for your generosity.

Sample Bequest Language and Tax ID

To leave a gift to City of Hope, consider including this language in your estate plans:

Unrestricted Bequest:

“I give [ __ percent of my estate, or description of asset, or ____ dollars] to City of Hope, a California nonprofit corporation, 1500 East Duarte Road, Duarte, CA 91010 (City of Hope Tax ID 95-3435919), for its general use.”

Give Hope This Giving Tuesday | Give Today

Kelly Lee with her daughter, Caitlin Herron. In June 2016, Caitlin, then age 12, was diagnosed with a form of leukemia so rare in adolescents that only a handful of children had ever been diagnosed with it, and none had survived. After a national and international search, City of Hope found a donor for Caitlin, and she underwent a successful bone marrow transplant. In April 2017, Caitlin was declared cancer-free.

Share Your Thoughts