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Assets to Give

Cash 
Maximize your charitable deduction and deliver immediate benefits to the Witham Health Services Foundation.

How it works 

  • You send a check, wire funds, or contribute online to the Witham Health Services Foundation.
  • We use your donation for programs and services, or for a specific need you have designated.

Benefits 

  • Use the simplest asset to make your donation - no appraisal or acceptance requirements as with gifts or appreciated property. 
  • Deliver a gift the Witham Health Services Foundation can use immediately.
  • Receive a full charitable deduction, and apply it against a larger percentage of your taxable income than a deduction for a property gift. 
     

Appreciated Securities 
Take advantage of one of the most significant tax breaks allowed by the IRS with a gift of appreciated securities.

How it works 

  • You transfer securities to the Witham Health Services Foundation.
  • Witham Health Services Foundation sells your securities and uses the proceeds for programs and service, or to a specific need you have designated.

 

Benefits

  • You receive gift credit and an immediate income tax deduction for the fair market value of the securities on the date of transfer, no matter what you originally paid for them.
  • You pay no capital gains tax on the securities you donate.
  • You can direct your gift to the Witham Health Services Foundation as you choose.
  • You have the satisfaction of making a significant gift now or funding a life-income gift that benefits Witham Health Services later.

 

Marketable Real Estate (Foundation has discretion over acceptance of gift) 
Make a substantial gift to the Witham Health Services Foundation through a transfer of marketable residential, commercial, or undeveloped real estate.

How it works 

  • You deed your home, a commercial building, or investment property to the Witham Health Services Foundation.
  • Witham Health Services Foundation may use the property for its own purposes, or, more likely, will sell it and use the proceeds to benefit its programs and services.

 

Benefits 

  • You receive an income tax deduction for the fair market value of the real estate, no matter what you originally paid for it.
  • You pay no capital gains tax on the transfer.
  • You can direct the proceeds from your gift to a specific need or permit the Witham Health Services Foundation to allocate your gift.

 

Marketable Personal Property (Foundation has discretion over acceptance of gift) 
Donate books, artwork, or equipment and secure and income tax deduction.

How it works 

  • You transfer a painting, antiques, collectibles or other personal property to the Witham Health Services Foundation.
  • Witham Health Services Foundation may elect to hold the property and display or use it in the furtherance of its mission. Witham Health Services Foundation may elect to sell the property at some point in the future and use the proceeds for its programs and services.

Benefits 

  • You receive gift credit and an immediate income tax deduction for the appraised value of your gift and pay not capital gains tax, provided your gift satisfied the "related use" requirements of the IRS.
  • In certain cases, you can use personal property to fund a life-income gift, such as a FLIP Unitrust, that benefits Witham Health Services and provides you with income now.
  • You can have the satisfaction of making a significant gift now to the Witham Health Services Foundation without adversely affecting your cash flow.

 

Retirement Plans 
The balance of your retirement plan may be worth more when donated to the Witham Health Services Foundation than to your heirs

How it works 

  • You name the Witham Health Services Foundation as the beneficiary of your IRA, 401(k) or other qualified plan.
  • After your lifetime, the residue of your plan passes to the WItham Health Services Foundation tax-free.

Benefits 

  • You can avoid both income AND estate tax due on the remainder left in your retirement account by leaving it to the Witham Health Services Foundation.
  • Give the most-taxed asset in your estate to the Witham Health Services Foundation, and leave more favorably taxed property to your heirs.
  • You continue to receive retirement benefits during your lifetime.
  • You can change the beneficiary at your discretion.

 

Life Insurance 
New Policy - Fund a future gift from your income instead of capital.  
Paid-Up Policy - Donate a policy whose coverage you no longer need. 

How it works 

  • You can provide now for a future gift to the Witham Health Services Foundation by naming us owner and beneficiary of a policy insuring your life.
  • You make annual gifts to the Witham Health Services Foundation in the amount of our premium payments.
  • When the policy matures the proceeds are paid to the Witham Health Services Foundation, and we apply them to programs and services, or to a specific need you have designated.

 

Benefits 

  • You can make a significant gift from income instead of capital.
  • Your gifts offsetting our premium payments are fully deductible.
  • You build our future financial strength.

 

Questions? Please contact: 
Witham Health Services Foundation 
2705 N. Lebanon Street, Suite 115 
Lebanon, IN  46052 
Phone: 765-485-8112 
Fax: 765-485-8139 
foundation@witham.org