Ways to Give
GIVING GIFTS TODAY
Cash
Gifts of cash are the most common form of support. The end of the year is an excellent time to make a contribution to support your community hospital and receive a tax deduction. You can contribute by check, credit card or electronic fund transfer. Print donation form -or- Donate Online Now
Securities
Stocks, bonds, mutual funds, certificates of deposit (CDs) are another means of support. These gifts may offer substantial tax advantages and include avoidance of the tax on capital gain and an income tax charge deduction for the fair market value of the securities. After seeing your financial advisor consider this option for making a donation to the Memorial Healthcare Foundation.
Real Estate
Second home, vacation home, commercial property, farmland, lots
Farm Production
Crops such as corn, wheat, and soy; bulk milk, livestock
Personal Property
Cars, antiques, art, collections, jewelry
Other
life insurance policies, retirement plans
Tree of Life Memorials
To memorialize someone who has gone before you, consider the Tree of Life. Contributions to the Memorial Healthcare Foundation's Tree of Life are ongoing. Donations are recognized on the Tree with the following symbols:
- Leaf:$100-$499
- Acorn: $500-$1,999
- Contributor Stone: $2,000-$4,999
- Benefactor Stone: $5,000-$14,999
- Supporter Stone: $15,000-$29,999
- Patron Stone: $30,000-$49,000
- Sponsor Stone: $50,000 plus
PLANNED GIVING
Before making a planned donation, consult with your financial advisor to determine the ways to match the needs of your family and making your donation to the Memorial Healthcare Foundation.
Bequests and Giving Through Wills
You may choose to make a provision in your will for Memorial Healthcare Foundation. Bequests can range from giving a specific amount, specific property, a percentage of your assets, or providing a gift from the residue of your estate after providing for your benefactors.
Charitable Remainder Annuity Trust & Gift Annuity Agreement
Both of these arrangements will pay income to you or your beneficiary(s). The principal then passes to the Memorial Healthcare Foundation upon the death of the last beneficiary. These are excellent gifts for your smaller gifts.
Pooled Income Fund
Purchases may be made in a commingled trust that pays income to you or other beneficiary(s) during your lifetime(s). The principal passes to the Memorial Healthcare Foundation upon the death of the last beneficiary.
Life Estate Agreement
You may transfer property to the Memorial Healthcare Foundation retaining your rights of use or income priveleges. Your property (often real estate) passes to the Foundation after the death of the last beneficiary.
Charitable Lead Trust
A trust created to produce income payable to the Memorial Healthcare Foundation, usually for a term of years. Your trust assets then pass to subsequent family generations. This is a useful technique if you own a large estate and want to transfer wealth to successive generations in a tax-advantaged way.
Irrevocable Living Trust
A Living Trust is created for the purpose of maintaining ownership of your assets during your lifetime, and distributing your assets to charitable institutions, like the Memorial Healthcare Foundation, after death. Its creator cannot revoke an Irrevocable Living Trust.
For more information on ways to give, contact Foundation Coordinator Tammy Lowrey at 608.339.8328 or mailto:mhfoundation@moundview.org