Palolo Chinese Home (PCH) is a 501(c)(3) charitable nonprofit organization that relies on the generous support of donors to ensure that its facilities, programs and services continue to meet the needs of the community. You can help PCH by making a tax deductible gift in a number of ways. For additional information, please contact the Development Office at (808)739-6033.

Cash

Cash Gifts or pledges over a period of years are ways to make an immediate gift to Palolo Chinese Home. For those who itemize, charitable tax deductions apply.

Special Tributes

Special tribute contributions can be made to honor a friend or relative on a special occasion or to honor the memory of a loved one.

Appreciated Securities or Real Estate

Contributions of appreciated securities can be advantageous to donors who have held assets for a long period of time. The income tax charitable deduction will be equal to the fair market value of the securities at the time the gift was made, and the donor is not required to claim the capital gain on the contributed asset. Real estate donated to PCH can generate a current income tax deduction and removes the property from the donor’s taxable estate.

Bequests

Gifts made through wills may be a specified amount, a percentage of the donor’s estate, or specific assets. Unrestricted bequests allow PCH to use the gift at its discretion for its most important needs. Bequests can also be designated for a particular program or purpose.

Charitable Remainder Trusts

Charitable Estate Planning through a charitable remainder trust provides lifetime income for one or more beneficiaries with the remainder passing to PCH. Donors receive an income tax charitable deduction for a portion of the value of the cash or property placed in trust, thereby avoiding estate tax and income tax on contributed capital gain property.

Life Insurance

An existing or new life insurance policy may be contributed by naming PCH as owner and beneficiary. The full cash value of the policy at the time of transfer to PCH is deductible for income tax purposes in the year contributed. If premiums need to be paid periodically, tax-deductible contributions may be made to PCH, which may use these funds to pay the premium of the policy it would then own.

Closely Held Stock

Gifts of Closely Held Stock can be advantageous for those who own stock in their own closely held corporations. Transfer to PCH generates an income tax charitable deduction at the appraised fair market value of the stock. The corporation may then purchase and redeem the stock from PCH, thereby converting it into cash for use by PCH while retiring the donated stock. Through this vehicle the proportionate ownership of other stockholders in the corporation can be increased at no gift tax cost.

Endowment

With an endowment fund, a donor or donor family can make a gift that will benefit PCH for a term of years or in perpetuity. While the principal remains intact, its investment provides income for PCH’s use. Endowments may be unrestricted, providing PCH with funds for emergency use or programs. They may also be designated to special programs or projects of the donor’s choice.