Planned Giving is a way to support Summit Health Foundation in the future through arrangements you make today. Your gift ensures that we can continue to provide care to the communities we serve. Planning ahead allows you to support the things most important to you, continue to provide for your family and meet your current income needs, and take advantage of tax incentives.
Let us help you make the gift that's right for you. Below are several popular ways of supporting Summit Health Foundation. You will also find information to share with your financial advisor or estate planner. When you are ready, please contact us to discuss options, share your plans, or start a confidential, no obligation conversation.Get in Touch with Us
Join us. We are families, individuals, grateful patients, clinicians, and community members making an impact with gifts in our wills for Summit Health. Your commitment today is important because it enables us to prepare for the care of our community in the future.
Is Summit Health Foundation already in your plans? Please let us know. Sharing your plans makes a statement about what matters most to you and your family, and inspires generosity from others who share your values. Naturally, the details of your gift are confidential, and we respect your decision should you want to remain anonymous.
Not only do you have options for how your gift will be used, you also have options on what to give and how to give. There are gifts that cost you nothing now, gifts that pay you income, and gifts that allow you to decide what happens when.
Through a provision in your written and executed will, you can make a gift in the form of cash, securities, real estate or personal property. There are many types of bequests. Choose the one that best fits your needs and intentions.
Naming Summit Health Foundation as the beneficiary of a qualified retirement plan asset such as a 401(k), 403(b), IRA, Keogh, profit-sharing pension plan or other donor-advised funds, will accomplish a charitable goal while realizing significant tax savings.
You can turn underperforming assets (stock, cash in a savings account, CDs, savings bonds, etc.) into a gift to Summit Health that provides income to you. Your Charitable Gift Annuity will give you quarterly, fixed payments for life and tax benefits, too.
When you donate appreciated stocks, bonds, or mutual fund shares instead of cash, you'll receive charitable deductions at full, fair market value while reducing capital gains impact.
If you're 70 ½ or older, you can make a gift directly from your IRA to Summit Health . While there is no charitable deduction for a rollover gift, you do avoid the income tax on the donated portion of your required minimum distribution.
Like stock, the fair market value of gifts of appreciated assets such as real estate, artwork, and other well curated collections, can be deducted from your income tax today and reduce your estate taxes in the future.
Thank you for your interest in supporting Summit Health Foundation. There are many different ways that you can support the important work of our hospital, and we are happy to help you find a gift that has the impact you envision.
For more information, please find our contact information below or submit this form.
If you are working with a professional advisor, or advising a donor, here's a practical guide for including Summit Health Foundation in a charitable estate plan.