It all Starts with You
Through Planned Giving, you can make a lasting impact on your community, create healthy opportunities for future generations, and leave a legacy that fosters what you value.
The Daniels Memorial Healthcare Foundation welcomes charitable gifts from forward-looking donors.
Planned giving involves providing a future gift through your financial or asset plans.
Often, a planned (deferred) gift can be more substantial than what you might be able to donate as an outright gift.
The Impact of Your Gift
By including us in your long-term giving, you will become part of a legacy society whose generosity enhances healthcare for people in our community today, tomorrow and forever.
Your Gift will help us go beyond the ordinary to deliver the exceptional healthcare experience that every patient and family deserves.
There are many options for planned giving. We can offer various ideas to help guide you in choosing an approach.
When you begin planning, you should consult an attorney, certified public accountant or other tax professional.
The Daniels Memorial Healthcare Foundation is a 501 (c)(3) non-profit organization. Gifts are tax deductible to the extent allowed by law.
Wills – The belief that only wealthy people can make a bequest is false. individuals of modest means who feel they cannot make a gift during their lifetime can do so in their wills. A gift through a will is the most common type of planned gift.
Gifts of Life Insurance – It is common to have a life insurance policy that may no longer be needed for its original purpose. Name the Foundation as the owner and beneficiary of the policy provides you with an immediate tax deduction, and the value of the policy will be removed from your estate for probate purposes.
Gifts of Retirement Plans – One of the most beneficial ways for dealing with IRA’s or other retirement plans is to create a charitable trust in your will to be funded with your IRA. In addition to tax savings, it may also greatly increase the amount received by your beneficiaries.
Gifts that Pay you Income – Some of the best ways to support the Foundation are available through life-income gifts that enable you to make a significant gift to the Foundation while increasing your cash flow. Examples of these types of gifts include Charitable Gift Annuities and Charitable Remainder Trusts.
Gifts of Cash – Perhaps the simplest charitable giving technique is an outright gift of cash. This gift provides immediate support to the DMH Foundation and offers tax-deductible benefits to you.