Types of Gifts – Gift Designations

Each gift regardless of size is acknowledged and appreciated.

Gifts can be directed toward a project or program or you may designate that the foundation committee direct your gift to the area of greatest need. Current projects that the foundation is raising funds for include: A new C-arm x-ray unit; equipment for the Emergency Room; digital mammography; pulmonary function equipment; community food distribution; hospice; safe kids; and scholarships.

CMH Foundation Background Events Gift Types Giving Clubs Leadership Planned Giving Whyman Health Careers Scholarships Foundation home page

• Cash: A cash gift is fully tax-deductible to the extent allowed by the law. You may also use your credit card to make a gift.
• Pledges: A pledge may be made at any time and be paid monthly, quarterly, or annually.
• Tribute Gifts: A thoughtful way to honor or remember someone special.
• Stocks, bonds and other securities: This type of gift provides a tax deduction equal to the fair market value when the gift is delivered. Gifts from sources with a low basis (significant appreciation) may be able to be given without capital gains tax.
• Bequests: A bequest allows you to express your support of services at Clinton Memorial Hospital through your willing or living trust.
• Charitable trusts: Various trusts arrangements may allow you to enjoy tax benefits, avoid capital gains, and provide lifetime income for yourself or a loved one.
• Matching gifts: Ask your employer if they will match your gift. You may be able to double your gift.
• Life Insurance: You may name the foundation as the beneficiary of a paid-up-policy, or of a new policy and take the premiums as the tax deduction.
• Real estate or other tangible assets: Real estate may be fully deductible at the appraised value.