Some of the most common ways to make a gift to Cambridge Health Alliance are to write a check, make a gift using a credit card, or donate online.

A gift of cash could be right for you if:

  • You want the easiest way to donate to CHA Foundation.
  • You want the largest possible income tax charitable deduction for your gift.
  • You would like to make the gift to CHA Foundation that has the greatest immediate impact.

How It Works

You make a gift of cash directly to CHA Foundation and you receive an immediate income tax charitable deduction.

 

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What is an outright gift of cash?

An outright gift of cash is when you transfer funds to Cambridge Health Alliance and get nothing of financial value in return. The most common way for donors to make an outright gift is to write a check payable to Cambridge Health Alliance.

Gift provides immediate support

Unlike some other gift arrangements, your outright gift will provide resources that CHA Foundation can put to immediate use. If you prefer to restrict our use of your gift in any way, please contact us so that we can be sure that we can carry out your wishes.

Maximum tax savings

You may deduct the full amount of your donation up to 60% of your adjusted gross income, after your total itemized deductions for the year exceed 0.5% of your Adjusted Gross Income. If you cannot deduct the full value of your contribution, you may carry forward your unused charitable deductions for up to five additional years.

Ways to give cash

Most donors make an outright gift by writing a check payable to Cambridge Health Alliance and mailing it to us. You may also make a cash gift using your credit card.

Example

Laura Galloway would like to make an immediate $15,000 gift to Cambridge Health Alliance. Laura could write a check for this amount and earn a charitable deduction equal to $15,000. Alternatively, Laura could make a gift using her credit card by calling us on the phone, responding to a mailing, or by donating online through our website. Gifts of checks and gifts made via credit cards are considered cash gifts.

Benefits

  • Laura may deduct up to 60% of her adjusted gross income for her gift of cash, providing tax savings if she itemizes.
  • If Laura itemizes deductions but cannot use the entire deduction in the year of gift, she may carry the balance forward for up to five additional years.
  • Assuming Laura itemizes deductions and can use her entire income tax charitable deduction of $15,000, she will save her $5,250 (35% tax).
  • Laura will gain the satisfaction of making a $15,000 gift to CHA Foundation.

 

How Your Gift Helps

Your planned gift to Cambridge Health Alliance (CHA) supports quality, compassionate healthcare in our communities. Among many things, your support will help us:

new young parents with their baby provide primary care, a wide range of specialty care and state-of-the-art testing all in convenient neighborhood locations;
 
Adolescent psychology, therapist and a young patient collaborate closely with local governments, non-profits, and local residents to improve health and reduce barriers to care;
 
doctor and a young boy patient smiling be a vibrant, innovative health system dedicated to providing equity and excellence for every patient, every time.