Planned Giving is any gift to the City Hospital Foundation or Jefferson Health Care Foundation that is incorporated into a donor's financial and/or estate plans and objectives. Planned gift assets include (but are not limited to) cash, securities, tangible personal property, life insurance policies and real estate.
By giving a planned gift, a donor is offered more income while avoiding capital gains tax. Additional benefits may include reduced income taxes, an opportunity to provide children with assets at a later date and reduced gift or estate taxes.
Methods of planned giving include:
Bequests — Provisions made in a Will or Living Trust to transfer funds/securities to the designated Foundation after death.
Gift Annuity — A gift to your favorite charity in return for payment to you (and/or another) of an annuity, as well as obtain an income tax deduction. The annuity may be payable over the lives of one or two living individuals.
Charitable Remainder Trust — An irrevocable tax-exempt trust divided into income and gift portions.
Charitable Lead Trust — Allows the donor to transfer assets to future generations of family members while allowing the Foundation of choice to enjoy the investment income.
Real Estate — Gifts of personal residence, all or part of a vacation home, commercial property, farm, or other real estate either as an outright gift or as part of a life-income plan.
Life Insurance — The Foundation of choice may be named as the owner or beneficiary of a life insurance policy.
For more information on our Planned Giving Program, contact the Foundation Office at 304-264-1223.