Other Ways to Give
There are a variety of ways you can give to Cumberland Heights to support those seeking recovery from substance abuse. Click below to learn more about how you can easily give a gift of stock or maximize your philanthropic goals with a lifetime gift.
WITH YOUR CONTRIBUTION, TOGETHER WE CAN FIGHT ADDICTION
Increase your giving power by giving the gift of stock
Why Give the Gift of Stock?
Giving stock doesn’t just help the men, women, and teens that we serve: it can also help you.
Giving Stock to Reach Your Philanthropic Goals
If you are trying to reach a certain giving level, donating stock gives you the option to hit the goal without simply writing a check. For example, reaching a $20,000 annual giving goal becomes easier by pairing a $10,000 cash gift with $10,000 in stock.
Increase Your Giving Power
A gift of appreciated stock to Cumberland Heights Foundation can benefit you in two ways: you receive a charitable income tax deduction for the full fair market value of the securities, and at the same time you may avoid capital gains taxes on appreciated stock. This helps stretch your gift even further.
Leveraging Your Age
If you are 70 ½ or older, you may make gifts directly from your IRA to Cumberland Heights without having to pay income taxes on that money.
Next Steps
- Seek the advice of your financial or legal advisor to discuss whether giving appreciated stock is right for you.
- Contact Kyle Williams at 615-585-8625 (direct) or kyle_williams@cumberlandheights.org for additional information on appreciated securities.
- The following information will assist you in transferring the stock to our account at Pinnacle Bank. Please contact Justin Newman – 615.690.1458
Legal & Account name: Cumberland Heights Foundation, Inc
Address: 8283 River Road Pike P.O. Box 90727 Nashville, TN 37209
Federal tax ID number: 62-6050684
Cumberland Heights Foundation’s DTC # 0725
Cumberland Heights Foundation’s Account # 817HJ293
Your gift will be allocated as an unrestricted gift, unless you wish to designate the gift for a specific program or facility at Cumberland Heights. Notify Kyle Williams at the number above if that is the case.
Please be sure to include your name so that we can properly acknowledge your gift, thank you.
Maximize your philanthropic goals with a lifetime or charitable gift
- Change the lives of those in need and be remembered for your donation
- Benefit yourself, your family and Cumberland Heights with your planned gift
- Help us fulfill our mission for generations to come
By naming The Cumberland Heights Foundation as a beneficiary of your will, living trust, or insurance policy, you will leave a legacy of recovery for countless men, women, and teens struggling with addiction.
The following is an example of language you can use when making a bequest in your will:
“I, [name], of [city, state, ZIP], give, devise, and bequeath to The Cumberland Heights Foundation [written amount or percentage of your estate or property] for its unrestricted use and purpose.”
Please let us know If you plan to or have already included Cumberland Heights in your estate plans so we can show our appreciation and better plan for the future
For more information, please consult your attorney, then contact Kyle Williams, Director of Philanthropy at 615-585-8625 or kyle_williams@cumberlandheights.org.
It takes a special person to make a difference in the lives of others. Your gifts change lives and help to create promising futures, changing the trajectory for individuals and families for generations to come.
