Planned Giving Society
The Salinas Valley Memorial Hospital Foundation (SVMHF) believes that we
should look for funding now in order to provide for the future healthcare
needs our families and friends down the road. A planned gift today helps
to ensure the future of our Healthcare System.
To provide for the future of the hospital, a special society was formed.
The Planned Giving Society is a group of individuals who have indicated
that they have made a deferred gift in the amount of $10,000 or more through
their wills, trusts, life insurance or other estate planning vehicles.
We invite you to join the Planned Giving Society, knowing that your gift
will carry forward your legacy for generations to come. If you have already
made provisions for the hospital in your estate plans, please let us know
so that we can appropriately recognize you as a member of the Planned
Additional 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.
To learn more about becoming a member of the Planned Giving Society,
please contact Sheri Dawes at 831-759-1823 or