Salinas Valley Memorial Hospital Foundation FAQ
Are gifts to your organization tax-deductible?
Yes, gifts to SVMHF are tax-deductible for the donor. The IRS has granted
us 501(c)(3) status. Our tax id # is 94-2641137.
How do I know how much to deduct for taxes?
Each January, tax letters are automatically issued to those donors who
have made cumulative gifts of $250 or more during the past year. Upon
request any donor may receive a tax letter.
How much of my gift is tax-deductible?
100% of your gift is tax-deductible as long as no goods or services were
provided in exchange.
Will I get a receipt for my gifts?
Yes, we acknowledge every Foundation gift received via letter. If the gift
given is "in honor of" or "in memory of" someone,
a letter is also sent to the person or the familyif provided.
Where does my money go?
100% of your gift is used to support medical equipment and services. You
may choose to direct your gift to “Where the Need is Greatest”
or you may specify your fund of choice. We have several specific funds
including the Children’s Miracle Network Hospitals Program, SVMH
Heart Program, Palliative Care, SVMC Diabetes & Endocrine Center,
and many more.