224 Hamburg Turnpike

Wayne, New Jersey 07470

973-942-6900

Last update:

01/29/2008

St. Joseph’s Wayne Hospital Foundation:

Mission:

St. Joseph’s Wayne Hospital Foundation is a publicly supported not-for-profit corporation under Section 501 (c)(3) of the Internal Revenue Service code.

The Foundation exists to raise funds and to invest and distribute those funds for the hospital's programs and services.  The purpose of all fund raising endeavors is to improve the services provided to residents in the communities served by St. Joseph’s Wayne Hospital.  All funds raised will support the vision and mission of St. Joseph’s Wayne Hospital in an evolving healthcare environment. The Foundation will provide assistance where needed for community based programs associated with St. Joseph’s Wayne Hospital.

SJW Foundation Board of Trustees

Auxiliary:

The Auxiliary of St. Joseph’s Wayne Hospital is committed to fundraising activities, community service and volunteerism.  As part of the statewide New Jersey Hospital Association, Auxiliary members bring a host of specialized programs and services to the community in an effort to improve the health of area residents.  For further information on becoming a member, please call 973-956-3685 or E-mail  Susan Spatt.

SJW Thrift Shop                       

Events:

SJW Charity Ball Picture Gallery (2007) Coming Soon

Benefits of Donating to St. Joseph’s Wayne Hospital:

People who make charitable contributions enjoy a great sense of personal satisfaction and achievement. But fewer people realize the very real economic benefits of philanthropy. With information, you can plan your estate with a charitable contribution in mind and enjoy these benefits and many more:

• Save money today on capital gains and income taxes.

• Preserve assets to benefit heirs.

• Provide yourself a guaranteed income for life

The Foundation staff can give you detailed information about how a planned charitable gift can work for you. We can meet with you and your financial planner to help you leave a legacy at St. Joseph’s Wayne Hospital for years to come.

Donating Cash

• Not subject to gift or estate taxes

• Deductible from federal income tax returns up to 50% of adjusted gross income

• Nearly every gift can be fully deducted

Donating Securities

• You may deduct the full fair market value of long term appreciated securities and avoid any tax on the capital gain

• Deductible up to 30% of your adjusted gross income, with a five year carry-over option

• You may be able to qualify for a greater percentage deduction

Please click Here here for printable donation form.

Estate Planning

Estate Planning should be utilized whenever possible for your charitable giving.

A bequest to St. Joseph’s Wayne Hospital Foundation is a deduction to your taxable estate.

There are several types of bequests:

1. A specific bequest is an outright gift of money, securities or other property.

2. A residuary bequest provides the Foundation with the remainder of your estate after all other bequests have been paid.

3. A contingent bequest takes effect only if all other bequests fail for some reason.

4. A testamentary trust can be a bequest, but for tax benefits the trust must either be solely for charity or be a qualified charitable remainder trust or lead trust.

5. Your taxable estate is reduced by a 100% deduction for the amount of a cash bequest, or the fair market value of appreciated assets.

6. A deduction saves taxes whenever the taxable estate, after other deductions, exceeds the amount offset by individual estate tax credits.

7. Because the estate tax rate schedule is progressive, the larger the taxable estate, the greater the potential tax savings per dollar given.

8. Charitable Remainder Unitrust: If you own assets that have appreciated in value, but generate little or no income, you should consider a Charitable Remainder Unitrust (CRUT). A gift to a CRUT is tax-deductible based on fair market value and the age of the donor. The assets are sold inside the Trust without capital gains tax consequences, and then reinvested to produce an income stream to the donor and his spouse for the rest of their lives. The income is taxable to the donor, but is usually 33% higher than if assets were sold outside the CRUT. When the income beneficiaries die, only then does the charity named in the Trust receive the principal in the Trust?

Corporate Matching Gifts:

Many companies encourage charitable gifts among their employees by offering to match an employee’s gift with a corporate contribution. Donors interested in this opportunity should obtain the necessary matching gift forms from their employer.

For more information about St. Joseph’s Wayne Hospital Foundation, please contact the Foundation Office between the hours of 8:30 am and 5:00 pm at (973) 956-3304.