Donate with a bank account

Donating with a bank account is safe and easy. Additionally, individuals who donate using a bank account can receive the same tax benefits as other gifting options.

St. Jude patient Miguel and his mom

How to donate through a bank account

There are a several different ways to donate with a bank account to St. Jude.

Directly from your bank account

You can make a one-time or monthly donation directly from your bank account. Direct deposit from a bank account is a preferred payment method, as it allows more of the donation to go to the charity due to lower transaction processing fees.

Payable on death

You can add a charity such as St. Jude Children's Research Hospital as the “payable on death” beneficiary of a bank account as part of your legacy. Learn more about legacy giving at St. Jude.

Inactive bank accounts

You can also close a bank account that you no longer use at any point during your lifetime and donate the funds to St. Jude.

If you have questions about donating to St. Jude through your bank account, or wish to change your current on-file bank account info, please email giftplanning@alsac.stjude.org or call (800) 395-4341.

ALSAC/St. Jude Children’s Research Hospital does not provide tax, legal or accounting advice. This material is prepared and made available to you for informational purposes only and is not intended to provide or be relied upon for tax, legal or accounting advice. You should always consult a tax professional to determine your particular tax benefits that may result from any particular type of gift to charity.

What is the difference between "payable on death" and a beneficiary?

Payable on death (POD), is typically used to avoid probate on a bank account, checking, savings, money market or CD. If a beneficiary is named in a will, this transfer typically goes through probate.

Transfer on death (TOD), is similar to a POD. You can bequeath stocks, brokerage accounts or bonds without them having to pass through probate.

St. Jude patient Eliza

Please use the following legal name and tax identification:

ALSAC/St. Jude Children's Research Hospital
501 St. Jude Place
Memphis, TN 38105

Tax ID Number:
62-0646012

We are a tax-exempt, charitable institution listed in the Federal Internal Revenue Service Publication #78, "Cumulative List of Organizations," revised IRS Code 501(c)(3).

View the IRS Determination Letter

View the Gift Acceptance Policy

Why donate to St. Jude?

Families never receive a bill from St. Jude for treatment, travel, housing or food — so they can focus on helping their child live.

When St. Jude opened in 1962, childhood cancer was considered largely incurable. Since then, St. Jude has helped push the overall survival rate from 20% to more than 80%, and we won't stop until no child dies from cancer.

Every child deserves a chance to live their best life and celebrate every moment. When you support St. Jude, you can help make cures possible for kids with cancer. Together, we can save more lives.

Have you left St. Jude in your will or estate plan?

As an acknowledgment of your generosity when you give a gift to St. Jude through your will or estate plan, you become a member of the Danny Thomas – St. Jude Society, and we recognize your commitment to the mission of St. Jude in a variety of ways.

Learn How We Honor Your Generosity Explore More Planned Giving Options