The Gift That Keeps On Giving

The Margaretville Health Foundation has established a Planned Giving program offering numerous financial and tax advantages to those who participate. A planned gift is any major gift, made from the assets of a donor- in lifetime or at death-as part of your overall financial and estate planning. Our goal is to create an endowment fund that sustains the hospital and nursing home for thelong term.

Our focus is for maintaining, improving and innovating long term sustainabilityfor the Margaretville Campus. The Margaretville Health Foundation’s planned giving program is something that you can create to benefit you and your family today and establish a legacy, while also ensuring that vital human care programs are available for generations to come.

There are 3 types of planned gifts:

• Outright gifts that use appreciated assets as a substitute for cash

• Gifts that return income or other financial benefits to the donor in return for the contribution

• Gifts payable upon the donors death

Planned giving is a unique and often overlooked tool that not only allows our supporters to ensure that Margaretville Health Foundation’s work will continue into the future, but also helps donors to fulfill both their charitable and financial objectives. You should consult with your legal and financial advisors if you are interested in participating in the program.

Endowment Fund

A financial endowment is a donation of money or property that will support Margaretville Health Foundation on an ongoing basis. MHF will fund an endowment with the gifts you donate. Assets may include but are not limited to tax-deductible gifts, transfers of securities, bequests through wills, trusts and matching grants. Through Planned Giving the Margaretville Health Foundation will build a strong and dynamic endowment that will not only support the current needs of Margaretville Hospital and Mountainside Residential Care Center but also ensure a thriving future.

Know that your legacy will be something that continues to give because the principle stays intact.

• You can establish a fund that pays you income for life. Upon your demise, the hospital will receive the fund

• You will also immediately get a tax deduction for the value of the gift

• You can establish a fund that will carry your name forever

The endowment fund principal will never be spent. It will be managed for growth. The expenditures will come solely from the income of the endowment and will go towards needed equipment, services and programs for the hospital and nursing home.

To learn more about Margaretville Health Foundation please call Liz Warren at (845) 586-2631 x3181 or email at [email protected]

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