There are many ways to make a gift to Southwest General. Depending on how you structure your gift, tax incentives, life income and other benefits may apply. Please review your options carefully. Gifts can be applied toward various programs to ensure ongoing care is delivered throughout the year. The professionals in the Foundation office will be happy to answer your questions. Please call us at 440-816-6741 or 440-816-6713 or click here for a mail-in donation form.
On behalf of our patients, the real beneficiaries of your kind generosity THANK YOU!
Listed below are some of the most common gift types.
Outright Gifts
Cash – Gifts of cash are the most common form of support. You will receive a charitable income tax deduction for the full amount of your gift (subject to IRS limitations) and your gift can be used immediately as you so designate or where the need is the greatest.
Appreciated Securities – The same benefits as cash gifts with the added benefit of capital gains tax incentives specifically on long-term securities (securities held more than one year).
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Hospice Angels Appeal
The Hospice Angels Campaign raises dollars so that terminally ill patients may enjoy a high level of care by compassionate and caring health care professionals and personnel.
(left to right top row) Theresa M. Cali, RN, CHPN; Eileen A. Volosyn, CHPN; Becky J. Byrne, RN, CHPN (left to right bottom row) Paul J. Prestak; Beverly W. DeWitt – both surviving spouses who along with their loved ones experienced Hospice care through Southwest General
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Planned Gifts
We realize that not everyone can make significant contributions during their lifetime. For those individuals, there are various planned or deferred gift options that will enable you to make meaningful gift commitments that Southwest General will receive at a later date. Here are some examples of deferred gifts.
Bequest – A bequest through your will or living trust requires no financial commitment during your lifetime. You may name Southwest General as a beneficiary of your will or add Southwest General through a simple will codicil.
Life Insurance – You can name Southwest General as a beneficiary of a life insurance policy that no longer serves its original purpose. Or you can transfer the ownership of a life insurance policy that no longer serves its original purpose. Immediate tax benefits may apply for the later option.
Retirement Assets – Since retirement assets are subject to both income and estate taxes if left to heirs, they may be a smart choice to bequest to charity and leave other assets to heirs.
Retained Life Estate – You can transfer the title of your home to Southwest General while retaining the right to live in the property. Current and future tax incentives may apply.
Charitable Lead Trust – Transfer assets to a trust that will pay income to Southwest General for a term of years. At the end of the term, the principal can revert back to you or your beneficiaries. Click here for more information on our Charitable Gift Annuity Program.
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Friends of the Neiheiser Family and the Middleburg Heights Kiwanis Club 2009
Stroker Golf League
Now in its 12th year, the Stroker Golf League, co-sponsored by the Neiheiser Family and Southwest Community Health Foundation was established by the Neiheiser Family to assist golfers who have received a clinical diagnosis of “stroke”.
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Life Income Gifts
Charitable Gift Annuity (immediate payout) – Transfer assets to establish a charitable gift annuity and receive reliable fixed income for life for you or jointly with your spouse or another individual, a current charitable income tax deduction, partially tax-free income in most cases, and capital gains incentives with gifts of appreciated securities. Click here for more information.
Deferred Charitable Gift Annuity – Postpone income payments and receive higher payout rates than an immediate charitable gift annuity.
Charitable Remainder Trust – This flexible charitable gift instrument can be established with a fixed income payout (CRAT) or flexible payout (CRUT). Income can be specified for life or a term of years, charitable income tax deduction applies, and you may receive significant capital gains and estate tax savings.
Join our many friends who wish to support Southwest General’s important mission. Become a member of one of Southwest’s donor societies and reap the benefits of your philanthropy.
Please call the Foundation office at 440-816-6741 or 440-816-6713 to learn how you can become a valued “friend” of Southwest General through your willingness to support the hospital's important mission. Complimentary, no-obligation planned gift consultations are available to help you determine how you can receive the most benefit from your generosity. We recommend that you consult with your attorney or financial advisor to discuss your gift plan.
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