May 17, 2008

CHARITABLE GIFTS

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The Brady Urological Institute is the world's leading center for research and discovery in urology. Each day, our scientists, surgeons and urologists work together to fight some of our most deadly enemies. For patients with urological cancers, we at The Brady have developed a four-pronged approach: prevention, early detection, effective treatment of localized disease, and better ways to contain advances disease.

For further information contact:
The Development Office
Brady Urological Institute
The Fund for Johns Hopkins Medicine
Charles Center,100 North Charles Street
Suite 400, Baltimore, MD 21201
Phone: 410-516-6160, Email

For children with potentially debilitating urological problems, our determined investigators are seeking and identifying the genes that orchestrate these developments. For men and women with urological problems (i.e., bladder function, kidney stones, sexual function), our researchers are dedicated to uncovering solutions. Our laboratories and our clinic are aggressively exploring all of these issues.

In an era of uncertain funding, we have greater need - and greater promise - than ever before. It is up to us, and to our friends and patients, to plan for the future. The Brady has embarked on a $25 million campaign, Partners in Discovery, to meet the needs of the future, and to build a sustaining endowment that will provide the opportunity for our investigators to forge ahead.

Together, we can save lives. Your gift will help us find the flashes of discovery that will help us defeat these diseases.

Gifts For Current Need and Endowment

Gifts to The Brady can be made in many ways, for a variety of purposes:

Contributions may be made for general support, restricted to a specific area within The Brady (i.e., to support facilities, training, research or new equipment), or to support the endowment, the main goal of the Partners in Discovery campaign, so that this legacy will last in perpetuity.

Support may be made through an outright gift, a pledge payable over a period of years, a life-income gift, such as a charitable remainder trust or annuity, or a bequest. Gifts may be made in the form of cash, appreciated securities, real estate, or personal property.

If you would like to make an on-line gift using a credit card through a secured site, please click here

Ways to Make a Gift

Charitable gifts reward donors in many ways. There is the satisfaction of supporting an important cause, the excitement of seeing your gift lead to positive change, and--in many cases--tangible financial benefits to you and/or another beneficiary, through tax advantages and the retention of lifetime income from the donated asset. A summary of ways to give is provided here.

Gifts of Cash and Pledges

Many gifts to The Brady Urological Institute are in the form of cash. Cash gifts are deductible for federal income tax purposes up to a limit of 50 percent of your adjusted gross income if you itemize deductions.

Cash gifts may be pledged for payment over a period of years. To be officially recorded, pledges should be made either in writing or by means of a pledge card.

Gifts of Stocks and Bonds

Many donors to The Brady Urological Institute make outright gifts and pledges in the form of appreciated securities rather than cash, in order to benefit from extra tax advantages.

If you itemize, you are entitled to a charitable income-tax deduction for the full value of your gift, provided you have owned the securities for more than 12 months.

You avoid paying a tax on capital gains which you would owe if you sold the securities. Gifts of securities are deductible for federal tax purposes up to a limit of 30 percent of your adjusted gross income.

Gifts of Closely Held Stock

If you own stock in a closely held corporation, you can use such stock to make a gift to The Brady Urological Institute that will bring you substantial tax benefits. There are a number of strategies you can use to structure the gift according to your circumstances.

Gifts That Provide Income

You may wish to make a substantial gift to The Brady Urological Institute but feel you cannot afford to give up the annual income produced by the asset. Our life-income gift program offers several ways to help you make such a gift, while retaining an income for your lifetime.

The benefits to you, the donor, vary, but all these arrangements have the following attractive features:

  • Income for life paid to you and/or another beneficiary, such as your spouse or another family member;
  • Increased income if a gift is made to a life income plan that produces a higher yield than the donated asset;
  • An immediate federal income tax deduction for a portion of the value of the gift;
  • Elimination of capital gains tax at the time of transfer if the asset is in the form of securities or real estate that have appreciated in value.

We will be pleased to discuss with you the various options that you may wish to consider when planning a life-income gift.

Gifts of Real Estate

Almost any kind of real estate can make a valuable gift to The Brady Urological Institute: a primary residence, vacation home, farm, commercial building, or an undeveloped parcel of land. You can even contribute your residence now and still reside in it for life.

As with gifts of appreciated stocks, bonds, mutual funds, and personal property, no capital gains tax is due when you donate appreciated real estate; you are entitled to an income tax deduction in the amount of the appreciated value of the real estate, and you avoid estate taxes on the appreciated asset.

Gifts through Bequests

The Brady Urological Institute has been the recipient of bequests, both large and small, from many alumni, friends, and grateful patients over the years. These donors felt they needed their capital during their lifetimes, but found it possible to associate themselves forever with The Brady. These bequests, no matter how modest, have been welcome and important to The Brady. To make an unrestricted gift, you may wish to consider using the following language:

"I give, devise, and bequeath unto The Johns Hopkins University, a nonpublic Maryland corporation, for The Brady Urological Institute:

  1. all of my residuary estate; or
  2. a portion of my residuary estate equal to ___% thereof; or
  3. the following described property______; or the sum of _____________."

If you choose to restrict your gift further, to be used for research on a specific disease for instance, please contact The Brady Development Office at 410-614-6160 for suggested language.

The value of a bequest to The Brady Urological Institute is deductible for estate tax purposes, and there is no limit on the amount of the deduction.

All gifts should be made to The Brady Urological Institute at Johns Hopkins University and are tax-deductible in accordance with the Internal Revenue Code.

 
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