Ways to Give to Salinas Valley Memorial Hospital Foundation
There are several ways to give to Salinas Valley Memorial Hospital Foundation
(SVMHF). A monetary gift is the most popular way to contribute and realize
an immediate tax deduction. These gifts can be a thoughtful way to honor
the memory of a loved one, recognize individual achievements or to celebrate
a special occasion. Please make separate donations for each gift "in
memory of" or "in honor of" so that we can acknowledge
your honorees correctly.
The Planned Giving Society members are those who have made a deferred gift
in the amount of $10,000 or more in their estate plan to the Salinas Valley
Memorial Hospital Foundation (SVMHF). Our Planned Giving Society members
believe that the Hospital must remain one of the premier providers of
hospital care in California and one of the best in the nation. SVMHF is
proud to partner with individuals such as these in our pursuit of this goal.
More information about donating through an estate plan:
The most common and easily executable type of planned gift, bequests are
simply gifts of cash, securities, property or other assets made through
your will. Since they are exempt from estate taxes, charitable bequests
may allow you to pass on to your heirs a larger portion of your estate.
If you have a will already, it is a simple matter to make a change and
add a charitable bequest through a codicil.
The benefits of a charitable remainder trust include an irrevocable life
income arrangement that is useful if you want to increase current income
and decrease taxes. You may establish a trust for the benefit of one or
more charitable organization and transfer assets to the trust. The trust
agreement stipulates that you are to receive a lifetime income from the
trust, which may continue to be paid to one or more beneficiaries. Upon
the death of the last beneficiary, remaining trust assets become the property
of the charitable organization(s). A charitable lead trust is the reverse
of the charitable remainder trust. A lead trust is an irrevocable arrangement
that allows you to support a charitable organization during your lifetime
while leaving substantial assets to heirs. This trust provides an immediate
flow of income to the charitable organization and may actually increase
your inheritance through lowered gift and estate taxes.
In order to become a member of the Planned Giving Society, you must complete the Planned Giving Reply Form. Contact SVMHF for more information.