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We
invite you to join the Partners in Caring program. Through
your gift, you will demonstrate your commitment to ensuring that quality health
care services will be available well into the future.
Methods
of Participation:
1.
Consider a gift of life insurance - $25,000.00.
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Your wishes will be
carried out as specified
-
Your payment is made
to St. Anthony’s Hospital Foundation and endowed for your pre-selected
purpose.
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When St.
Anthony’s Hospital Foundation is named owner and beneficiary, the premiums are
tax deductible.
2.
Consider a gift of $4,000.00.
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Initiate your
endowment while you are alive so you can see the benefits Your gift provides.
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Provides an account
for future gifts.
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Tax deductible to the
limit of personal situations.
3. Consider a 15-year gift of $500.00 per year.
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Spread your gift out by making annual or monthly payments.
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Electronic funds
transfer/credit card – there are many ways to provide for all personal
situations.
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Gifts
are tax deductible.
4. Consider
a life income arrangement with a remainder value equivalent to #3 above.
Giving
Life Insurance:
The
two most common methods of participation in the Partners in Caring program are: (1)
Charitable Gift Plan; and (2) Charitable Ownership Plan.
Each has its own merits.
Charitable
Gift Plan: By changing the beneficiary and ownership of an existing life
insurance policy and transferring the policy to St. Anthony’s Hospital
Foundation, you can enjoy an immediate tax deduction for the cash value of the
policy.
Charitable
Ownership Plan: Under a charitable ownership plan, a new policy is purchased
with St. Anthony’s Hospital Foundation listed as beneficiary and
owner. That is a win-win situation
because you are able to leverage your gifts into a very large gift, you receive
a tax deduction for premium payments and St. Anthony’s Hospital
Foundation will receive a wonderful future gift.
Types
of Gifts:
Gifts
of stock, appreciated property, residences, summers homes, collections,
automobiles, and other real property may be the most appropriate gifts depending
on your personal situation
Methods
of Giving:
Payroll
deductions, electronic funds transfer direct from checking account, credit card
gifts – St. Anthony’s Hospital Foundation will provide the most
convenient way for your gift to be accomplished.
Life
Income Gifts:
If
a life income gift is something you would like to consider, the Avera Foundation
staff, located in Sioux Falls, South Dakota, (605-322-4752), can design concepts for you to review with your financial planner or
attorney. Though the Avera
Foundation staff will assist in designing a program for you, all funds will stay
in O’Neill and be used by Avera St. Anthony’s Hospital.
There
are several ways you can make a gift to St. Anthony’s Hospital
Foundation. Unrestricted gifts are
the most beneficial because they can be used to meet the needs which are
greatest as determined by the Foundation Board of Directors.
Gifts
can also be made in the form of an endowment in which the principle is never
spent; only the interest is used as determined by the Foundation Board.
The
donor designates restricted gifts for specific purposes.
Areas of designation may include medical education and research, indigent
patient care, scholarships for health care professionals, designated programs
such as Physical Therapy or Cardiac Rehabilitation.
There
is also a restricted endowment. Here
the principle is never spent but the income is used as designated by the donor.
For
more information on gifts to St. Anthony’s Hospital Foundation, please
call or write:
Ron
Cork, President/CEO
Avera
St. Anthony’s Hospital
300 N. 2nd Street
O’Neill,
Nebraska 68763
Tel:
(402)
336-5140
Fax:
(402) 336-5135
e-mail
ron.cork@avera-sta.org
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