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Donate with a bank account

Donors can use bank accounts to help continue the lifesaving mission of St. Jude. 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.

Contact Us Access Tax Information

 
Aerial photo of the St. Jude campus

St. Jude campus in Memphis, Tennessee

 
 

How do I give to a charity through a bank account?

There are a several different ways to donate with a bank account to St. Jude. Here are three common options for the donation process:

  • 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. 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 donors@stjude.org or call (800) 822-6344.

OR

OR

  • 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 would like to donate through a bank account, please contact us so that a St. Jude representative can help you get started.

What is the difference in "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. 

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.

St. Jude patient Aspen

St. Jude patient Aspen

 
Celebrations at St. Jude

St. Jude patient Lily celebrates at her No More Chemo party after completing chemotherapy at St. Jude.

 

Have you left St. Jude in your estate plans?

We want to honor your generosity in a special way. Please let us know so that we can show our gratitude and better plan for the future.

 
 

Explore planned giving options

 
 
 

Artwork by St. Jude patient Victoria

 
 

Why St. Jude?

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

 
 
Twenty to eighty icon
 

Treatments invented at St. Jude have helped push the overall childhood cancer survival rate from 20% to more than 80% since it opened in 1962. St. Jude won't stop until no child dies from cancer.

 
 
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St. Jude shares its discoveries with doctors and scientists in your community and around the world, so every child saved at St. Jude means thousands more children are also saved.

 
 
 
 

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).

 
 

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We're here to help

Our Gift Planning department has a representative in your area who can provide further information for how to donate with a bank account or help you prepare the right questions to ask your financial advisor to determine what type of planned gift may be right for you. Email giftplanning@alsac.stjude.org, call (800) 395-1087, or fill out the form below, and a St. Jude representative will contact you. 

 
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