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What is a Charitable Gift?

charitable gift
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What is a Charitable Gift?

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A gift that is motivated by charitable intent. A gift is defined as a voluntary transfer of assets from a person or an organization to the Foundation where no goods or services are expected, implied or forthcoming for the donor. Gifts usually are cash, checks, securities, real property, or personal property. The Foundation accepts gifts from individuals, corporations, associations, societies and private Foundations. A gift may be either unrestricted or restricted to a general area of use that contributes to the benefit of CHRISTUS St. Patrick Hospital.

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