Giving

Ways to Give

There are a wide variety of methods by which you can give to Community Hospital. You should consult your tax advisor to determine which method is best for you. The following are options to consider:

Gifts of Cash - Cash and cash equivalents are the gift of choice for most donors, either as an annual gift or pledged over a period of time. For taxpayers who itemize, cash gifts offer deductions from gross income.

Gifts of Commodities - Donate grain and/or livestock to the Foundation when you sell your commodities to the local co-ops and livestock sale barns. Your pre-sale designation is tax-deductible.

Estate Planning - For many donors, an outright gift is not the best means of achieving philanthropic or estate-planning goals. Carefully planned gifts can offer significant estate tax and income benefits, while at the same time allowing donors to make larger gifts than would otherwise be possible. The following are suggested ways to plan deferred gifts:

  • Bequests: Bequests can take many forms and can be restricted or unrestricted. A donor can designate a specific amount from their estate, or they can specify a percentage or residual amount after all debts, taxes, expenses and other bequests have been paid.
  • Life Insurance Gifts: The most direct and simple way of making a gift of life insurance is to name Community Hospital Health Foundation owner and beneficiary of an existing policy. The donor receives an income tax deduction for the full cash surrender or paid up value of the policy. Any further premiums paid on such policy given to the Foundation are fully deductible.
  • Naming Community Hospital Health Foundation as beneficiary of an individual retirement account, or a retirement or pension fund.

Non-Cash Property - Stocks, bonds, mutual funds, real estate and other assets may be contributed to Community Hospital Health Foundation, either as a bequest or, more commonly, by a lifetime transfer; by doing so you can realize significant tax benefits. The Foundation looks at possible gifts of property on a case-by-case basis.

Matching Gifts - Many corporations and businesses now have programs to match employee gifts whether in whole or part. In some cases, gifts from spouses are matched. Explore this possibility as it may double your gift.

You can also give through:

Memorials - Memorials are a wonderful way to remember the special lives of family and friends who are no longer living among us.

Honorariums - You may honor family and friends on their birthdays, anniversaries, and special holidays.

Memorials & Honorarium Recognition - A card will be sent to the family or the honored person to notify them of the donor's gift. The amount of the gift will not be disclosed.

Annual Appeal - Respond to the annual appeal mailing sent from Community Hospital Health Foundation outlining areas of need or choose an area of interest.

Capital Campaigns - Community Hospital Health Foundation is often engaged in specific campaigns designed to assist Community Hospital to improve or expand services as adopted through strategic planning and approved by the Community Hospital Board of Directors. The Foundation raises funds through constituents to meet financial goals. Gifts to a capital campaign can be a one-time gift or can be pledged over a specific timeframe.