Giving Opportunities

Committed to the health of Kansas communities, Kansas Health Science Center (KHSC) is a nonprofit institution working to develop leaders at the intersection of health care and technology. It’s easy to make gifts that have an immediate impact or are delayed into the future.

Below you will find some common examples of how and what you can give that both benefit you and support the mission of healthy Kansas communities. Regardless how or what you choose to give, KHSC offers flexibility in supporting philanthropic priorities or creating named funds for specific projects.

What To Give

Cash gifts are a simple and easy way for you to give. You can make a single contribution, a pledge over multiple years, or join our monthly sustainer program. Benefits of cash include:

  • Gift can make an immediate and lasting impact.
  • Receive a charitable tax deduction.

Donating all or part of your appreciated real estate such as a home, vacation property, ranch, land, farmland, or commercial property is simple and beneficial for many reasons:

  • Avoid capital gains tax on the sale of real estate.
  • Receive a charitable tax deduction for value of gift. (FMV must be determined by independent appraisal.)

Appreciated securities are a tax-effective and simple gift. Benefits include:

  • Avoid paying capital gains taxes on appreciated securities.
  • Receive a tax deduction the year it is gifted.

You can leave all or part of your unused retirement assets to KHSC. Heirs will likely be taxed on 60% or more of your assets, but as a nonprofit organization we are not taxed. The full value of your gift would remain with KHSC and your estate will benefit from an estate tax charitable deduction for the gift. Some benefits include:

  • Avoid potential estate tax on retirement assets.
  • Receive potential estate tax savings.

Your life insurance policy can be designated so that all or part of the benefit will help further the mission of KHSC and provide access to health care for Kansans. KHSC may retain or sell the policy for its cash value. Some benefits include:

  • Receive a charitable tax deduction.
  • If retained to maturity, you can receive additional tax deductions by making an annual gift to cover the cost of the premium.

How To Give

Giving to Kansas Health Science Center (KHSC) can be done either directly or through a gift model that can provide tax benefits and even income. Here are some examples of common ways you can make your impact on the health of Kansas communities.

With the help of an attorney, you can make a gift bequest after others have been provided for, of a dollar amount, specific property, a percentage of the value of the estate, or what is left to KHSC. This can be done through planning within your will, retirement account or life insurance policy.

Those who are 72½ or older can direct up to $100,000 of their required minimum distributions to charity, annually. The money given to the charity will not increase your adjusted gross income or generate a taxable income. Other tax benefits may also be experienced.

You can designate KHSC as a beneficiary of all or part of retirement, investment or bank accounts, or life insurance policies but still retain full ownership and control during your lifetime. At your passing, the account balances will be paid to named beneficiaries without probate.

In exchange for a gift of cash, stock or securities, the nonprofit organization or another party will pay you or another person named a guaranteed income for a period of years. A substantial tax deduction is given the year the gift is made, and part of the income is tax-free. Upon your death, the gift remainder goes to further the mission of KHSC. Deferred options are also possible and can serve as an effective retirement planning vehicle.

You can donate your appreciated assets and receive income for life, up to 20 years, or life plus a term of 20 years. Capital gain taxes are avoided, and you receive a tax deduction. Upon completion of agreed payments, the remainder will be used to advance the mission of KHSC.

Your assets may be transferred to a trust that pays income from the fund to the Kansas Health Science Center for a predetermined number of years. At the end of the term of years, the trust terminates and the assets are given back to the person you name. The income tax deduction is for payments made annually to the nonprofit organization although there are tax considerations for those who receive the corpus of the lead trust once payments end to KHSC.

You can receive a substantial income tax deduction by giving (deeding) your home or farm to Kansas Health Science Center now. You will continue to live there, maintain the property as usual, and even receive any income it generates. At your death, Kansas Health Science Center will sell the property to further the mission of KHSC.

KHSC encourages donors to visit with their family, and financial and legal advisors, about strategies for making charitable gifts.

Contact the Office of Institutional Advancement

Federal Tax ID: 82-5178988

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