CHARITABLE GIFTS

The vision of Our Hospice is To Make Every Moment Count.  When planning a gift, the personal and family financial objectives are as important as the philanthropic objectives. For this reason, Our Hospice is committed to ensuring funding for programs we support while providing our donors mutually beneficial giving opportunities.

Through a planned gift, individuals and families can leave a legacy of healing for our community. In the process, donors may be able to simplify financial affairs, improve cash flow, diversify their assets portfolio depended upon for income during retirement, or achieve other objectives. To learn more about our charitable planning opportunities, contact the Ellen Brunner at ebrunner@crh.org.

CHARITABLE GIFT ANNUITY

The charitable gift annuity is one of the simplest of life income gifts. In return for your contribution, and pursuant to a signed agreement, you receive a fixed amount each year for the rest of your life.

CHARITABLE REMAINDER TRUST

A charitable remainder trust is a unique arrangement that can enhance the retirement, investment, tax, and estate planning of the donor while providing future support to Our Hospice. In its most basic form, the charitable remainder trust is where the person creating the trust irrevocably transfers money, stock, or other property to a trust that he or she has created. The trust arrangement directs the trustee to:

  • Invest the property given to the trust
  • Pay a specified annual income to the donor and/or another designated beneficiary for the life of the beneficiary or for a specified period of years

Distribute the property to Our Hospice at the death of the donor or other designated income beneficiar

CHARITABLE LEAD TRUST

A charitable lead trust provides Our Hospice with income from assets the donor transfers to the trust. On a future date the donor selects, the donor or someone that he or she designates would receive the trust assets. There are two types of charitable lead trusts – the charitable lead annuity trust and the charitable lead unitrust. The difference between the two has to do with determining income. The charitable lead annuity trust provides Our Hospice with a set income each year, which is determined by the donor. However, the charitable lead unitrust offers Our Hospice an income, which is variable.

CHARITABLE BEQUEST

A thoughtful and well-planned will provides support to those most important in our lives. Along with supporting loved ones, a will may include a charitable bequest that provides for a charitable cause. Including a charitable bequest in your will provides you with a sense that the wealth you have worked to accumulate during your life will have a lasting and significant impact on the lives of others. A charitable bequest may have added financial benefits such as an estate tax charitable deduction or even an income tax deduction. Whether you are preparing your will for the first time or revising a will that is already in place, consider including a charitable bequest. 

WHAT TO DONATE

  • Stock: A charitable deduction for the fair market value, plus eliminate potential tax on capital gain
  • Bonds: Recover forgotten bonds for a charitable gift
  • Retirement Plan: Name Our Hospice or one of the programs it supports as the charitable beneficiary of your retirement plan assets
  • Mutual Fund Shares
  • Life Insurance: Receive a charitable income tax deduction for a whole paid life policy
  • Real Estate: Gift at death or during life with the right to remain in residence for the remainder of living years

ADDITIONAL INFORMATION

To discuss the financial advantages of a planned gift such as a charitable gift annuity or a bequest to Our Hospice, please call Ellen Brunner, Director of Gift Planning at 812.376.5083 or email at ebrunner@crh.org.