Southwest General Hospital

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Planned Giving

Planned Giving

Planned Gifts

Planning a gift to Southwest General enables you to help us continue our mission while creating financial benefits for yourself and your family. Depending on the planned gift, you can expect some or all of the following benefits, as your contribution will help you to: 

Elmer-photo-Legacy-2010

“... I am so grateful for the care I
receive at Southwest General;
and my gift annuity gives me
spending money!”

                      - Rita Elmer

  • Fulfill philanthropic goals
  • Reduce income tax and possibly avoid capital gains tax
  • Retain a stream of income for your life
  • Increase spendable income
  • Eliminate potential federal estate tax
  • Reduce costs and time in estate settlement
  • Leave a legacy of caring for future generations
  • Achieve recognition in our Sprague Haven Society


You can take advantage of the following vehicles as you direct your planned gift:

  • Cash
  • Securities and real estate
  • Tangible personal property
  • Sprague Haven Society - A distinguished group of donors who have included Southwest General in their will, trust, retirement plan, life insurance policy and/or other estate plans. A membership can be obtained by establishing an endowment fund or charitable gift annuity. Many long-time friends and supporters have joined the Sprague Haven Society. By making a special Sprague Haven gift, donors can rest assured that patients today, and for many generations to come, will receive continued high quality care. 
  • Gift annuities - Charitable gift annuities are a reliable way to receive fixed income and avoid drastic changes of the stock market. Participants receive fixed quarterly payments with a high rate of return guaranteed for the rest of your life. This special gift gives you the peace of mind knowing that your rate of return never changes, unlike securities. You can receive additional retirement income and assist with the diversification of your financial portfolio. Ultimately, you will make a difference in the lives of the future patients and families at Southwest General. Chairtable gift annuity rates generally start at five percent and go up to 10.5 percent; rates are dependent on your age. 

Take Advantage of Tax-Free IRA Gifts in 2013

The Individual Retirement Account (IRA) charitable rollover legislation provides donors with an opportunity to transfer gifts up to $100,000 from your IRA without unwanted tax consequences.  In order to make a gift, individuals must meet the following criteria:

• You must be age 70-1/2 or older at the time of the gift
• Transfers must be made directly from your IRA to the charity (funds that have been withdrawn and then donated do not qualify)
• Total distribution does not exceed $100,000
• Your gift is made by Dec. 31, 2013

Southwest Community Health Foundation recommends that individuals consult with a tax professional, financial planner or attorney when contemplating a charitable gift under the extended law to ensure this opportunity is a good fit. The information above is not intended as professional advice. For legal or tax advice, please consult an attorney and/or a financial advisor. Figures cited above are subject to change.



For more information, or questions you may have about making a gift, contact Amy Kocian, assistant director, at 440-816-6741 or akocian@swgeneral.com

 
 
 
 

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