West Texas Rehabilitation Center Foundation
Chartered in 1966
The Foundation's sole purpose is to serve as an endowment fund and provide financial assistance to West Texas Rehab.
Why Give
West Texas Rehab has the resources to treat almost 1,000 different diagnoses and serves over 850 patients and clients each working day. Not one patient, in the history of the organization, has been turned away because of the inability to pay. It is a story of community responsibility and a reservoir of love that inspires us all.
Impact Numbers
Ways to Give
Cash, Check or Online Donation
A gift to West Texas Rehab can be as simple as mailing a check, making a donation online, by bank draft, or credit card. Your donation is completely tax deductible.
Real Estate
When you make an outright gift of real property held for more than one year, you obtain an income tax charitable deduction equal to the property’s full fair market value. This deduction allows you to offset the cost of making the gift and may free cash that otherwise would have been used to pay taxes. You also may avoid capital gains taxes on the property’s appreciation.
Wills
This can include liquid assets, real estate, and personal property. Most people make a will so that they can share their possessions with people they care for, or institutions they believe in. In effect, your will becomes the document directing your last intentions and assures that your wishes are followed. We highly recommend that you utilize the services of an attorney to prepare your will.
Personal Property
When considering a gift, remember that valuable collections, works of art, and other forms of tangible personal property can be used as contributions. By donating such items during your lifetime, you can reduce the size of your taxable estate and you may also receive a charitable income tax deduction in the year of the gift.
Stocks, Bonds and Mutual Funds
If you donate appreciated securities to West Texas Rehab, you can avoid the capital gains taxes and you may be able to take the full market value of the gift as a charitable deduction. The maximum deduction is limited to 30% of your adjusted gross income. If you are unable to take the entire deduction in one year, you may carry the excess deduction forward for five additional years.
* Seek the advice of your financial or legal advisor:
If you include West Texas Rehab in your plans, please use our legal name and federal tax ID.
- Legal Name
- Address
4601 Hartford St., Abilene, TX 79605
- Federal Tax ID Number
75-6059517
FAQs
Is my donation tax deductible?
Your donation is completely tax deductible, but be aware of the annual limitation the IRS has placed on donors. Your first year deduction cannot exceed 50% of your adjusted gross income.
Can our foundation create a legal will?
No, We highly recommend that you utilize the services of an attorney to prepare your will. Our foundation team can aid you through the process.
What is a charitable remainder trust?
A charitable remainder trust (CRT) is an irrevocable trust that generates a potential income stream for you, as the donor to the CRT, or other beneficiaries, with the remainder of the donated assets going to your favorite charity or charities.
Our Team
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Chad Hirt
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Chuck Rodgers
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Jason Weaver