Securities       

A gift of securities that have appreciated in value can provide the Donor tax benefits, as well as the opportunity to make a significant gift to The Lourdes Hospital Foundation. The Donor bypasses capital gains tax and can take an income tax deduction based on the security’s fair market value at the time of the transfer.  

Benefits:

• You receive gift credit for the fair market value at the time of transfer.
• You pay no capital gains tax on the appreciated securities you donate.
• Your gift is recognized as a charitable contribution for income tax purposes.

Charitable Trusts          

Various charitable trusts allow the Donor the opportunity to establish an ultimate gift for the benefit of the Hospital, while providing lifelong income for the Donor. Trusts can be funded with cash or with real estate, stocks, or other assets. A charitable trust offers the Donor the opportunity to convert non-paying assets into income-earning assets while generating a substantial future gift. Contributions that produce ongoing income to the Donor can be very attractive methods of giving. Donors interested in charitable trusts should contact their lawyers for details concerning the many types of charitable trusts.  

Life Insurance         

A gift of a paid-up life insurance policy may be a way for a Donor to make a significant gift. Many Donors have grown children who are financially independent; for such Donors, their paid-up life insurance policies may no longer be needed. The Donor who contributes in this manner may deduct the cash surrender value of the policy as a charitable contribution.          

OR, by purchasing a life insurance policy and designating The Lourdes Hospital Foundation as irrevocable owner and beneficiary of the policy, a Donor can thus make a charitable gift. In this instance, the annual premium that the Donor will pay can be considered a charitable contribution.  

Matching Gifts                 

Corporate matching gifts programs can provide Donors the opportunity to augment their contributions.          

A Donor who works for a company that features an employee matching gifts program obtains the appropriate form from the employer and sends the completed form together with the Donor’s contribution to The Lourdes Hospital Foundation. The Foundation verifies the gift, and the employer then forwards its matching gift to the Foundation.

Learn more about ways you can offer financial support to Lourdes by calling Dennis Boyle at the Lourdes Foundation Office, (607) 798-5684.