Goals and Benefits
Use the following table to identify your charitable goals and the benefits associated with utilizing a planned or deferred gift vehicle to make your contribution to the Witham Health Services Foundation.
|
Your Goals |
Your Strategy |
Your Benefits |
| Maximize your deduction; minimize the gift details | Use cash to make your gift to the Witham Health Services Foundation | Claim your deduction against a larger portion on your adjusted gross income and make an immediate impact on Witham Health Services |
| Afford a larger gift to the Witham Health Services Foundation - and avoid capital gains liability | Give appreciated stock or bonds held over one year | Buy low and give high - make a gift that costs you less than the benefit it delivers to Witham Health Services, while avoiding capital gains tax |
| Make a gift for Witham Health Services' future that doesn't affect your cash flow or portfolio now | Put a bequest in your will (cash, specific property, or a share of the estate residue) | Today - a gift that costs you and your family nothing. Tomorrow - an estate tax deduction |
| Retain income benefits from the assets you give to the Witham Health Services Foundation - thus affording a larger gift | Create a charitable gift annuity | Receive income for your lifetime; receive a charitable deduction; and diversity your holdings |
| Reduce high tax liability now; gain additional income later | Establish a deferred gift annuity | A larger deduction and a higher income rate than other life-income gift offer |
| Tap one of the most valuable assets in your portfolio to make a gift to the Witham Health Services Foundation | Use real estate to make your gift to the Witham Health Services Foundation | Avoid capital gains tax, receive and income tax deduction - and have the option of a gift that doesn't affect your lifestyle |
| Locate an overlooked asset that you can easily give to the Witham Health Services Foundation | Name the Witham Health Services Foundation as beneficiary of your retirement plan; leave other assets to your family | Eliminate income tax on retirement plan assets; free up other property to pass to your heirs |
| Make an endowment gift from income rather than capital | Create a new life insurance policy, or donate a paid-up policy whose coverage you no longer need | Increase your ability to make a significant gift to the Witham Health Services Foundation |
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