There are a variety of methods that one can use to donate to Trinity Health Foundation. Here is a brief review of various methods that you may choose. We recommend that you do consult with your accountant, financial planner/advisor, or attorney to determine which method may be best for your unique financial situation.

Cash/Cash Equivalent

The most common gift is cash, check, credit card, money order or bank draft. Cash contributions can be made either in lump sum payments or installments.

Securities

One may choose to make gifts in the form of common stock or other securities. Substantial tax benefits may be realized by giving securities that have appreciated in value since their acquisition. By giving the security instead of selling it and donating the proceeds, the supporter avoids payment of capital gains taxes. To obtain more information on how to give appreciated securities please contact the Trinity Health Foundation.

Charitable Trusts

An individual may create a trust that will pay an income to the donor and leave the trust property to Trinity Health Foundation upon the supporter’s death (Remainder Trust). The supporter is allowed to take a current federal income tax deduction even though the donor will enjoy the benefits of the trust while living. A supporter may also create a trust that will pay an income to Trinity Health Foundation and allow the supporter to retain the trust property (Lead Trust). The trust income is paid to Trinity Health Foundation with the trust property going to the donor’s heirs at the end of the trust term.

Life Insurance

Gifts of life insurance are another popular mode of giving. They can provide a sizable gift at a relatively low cost. One may give an existing paid-up policy by transferring ownership to Trinity Health Foundation and receive a current deduction on the entire value. One may also insure his/her life, pay the annual premiums, and make Trinity Health Foundation the owner and irrevocable beneficiary of the policy. A person who does this is entitled to a current income tax deduction for each premium paid.

Bequests

Through the simplest of gift planning methods, a bequest, one can give a set amount or a percentage of cash, securities, life insurance proceeds, real estate property and personal property. A bequest may also be used to establish a lasting memorial in honor of the supporter or members of his/her family.

Employer Matching Gifts

Many employers offer programs through which they will match the funds their employees donate to qualified charities. As you make your gift to Trinity Health Foundation, please check with your employer to see if your company has a matching gift or volunteer program.