Memorial and Honor Gifts

 

Gifts of any size to HSHS Holy Family Hospital can be made in honor or in memory of someone. Donors make gifts to remember a loved one, to recognize a physician or another caregiver at the hospital or to celebrate a special occasion. If you wish to make a gift in honor or in of someone, please include the name of the person as well as the contact information (name and address) for any person who we can notify of your thoughtfulness.  address) for any person who we can notify of your thoughtfulness.

 

Matching Gifts

 

Matching gifts occur when a company matches the charitable contribution of an employee to a nonprofit organization. If you (or your spouse) work for a matching gift company, your gift may be doubled, or even tripled. The matching gift procedure is very simple. The employee gets a matching gift form from their human resources department. After completing the form, the employee sends it along with their gift to HSHS Holy Family Hospital. (You may also send in the form after you have made the gift.) HSHS Holy Family Hospital confirms on the form that it has received the gift and meets the company’s guidelines for receiving a matching gift. HSHS Holy Family Hospital then returns the form to the company. The company verifies eligibility of the employee and sends a check to HSHS Holy Family Hospital. 

Stocks/Securities

 

Gifts of appreciated securities may offer you significant tax savings. For information on how to transfer securities to St. John’s Hospital, please call our office at (217) 757-6555.

 

 

Gifts Made Through a Will

 

Bequests can be of a specific dollar amount, a specific asset or assets or for a percentage of an estate. If you choose to give a gift to HSHS Holy Family Hospital through your will, you can make your bequest available for our immediate use or you may restrict it to endowment. With endowment gifts, a portion of the investment earnings are used to fulfill the stated purpose of the gift. 

Charitable Trusts

 

Charitable trusts are another option for donors who wish to make a current or deferred gift to HSHS Holy Family Hospital but are concerned about retaining an income from the asset. Charitable trusts can provide donors with regular cash payments, current charitable income tax deduction, avoidance or reduction of estate taxes and elimination of money-management concerns. *Giving through such arrangements can be a meaningful way to blend your philanthropic goals with your personal financial and tax-planning needs. Charitable trusts are set up through an outside advisor such as through a trust department of a bank. It is important that you let us know if HSHS Holy Family Hospital is a beneficiary of a trust agreement so we may thank you and recognize your gift appropriately.

 


Life Insurance

 

Sometimes people no longer need a life insurance policy they purchased when they were younger to protect a growing family and/or they have accumulated ample assets necessary to meet day-to-day financial demands. In this case, the cash value of a life insurance policy as a charitable gift may make sense. Donors may also establish new cash value policies on themselves and deduct the premiums as long as HSHS Holy Family Hospital is named owner and beneficiary of the policy. 

Endowment

 

An endowment is an amount of money that is given to HSHS Holy Family Hospital with a stipulation that the funds are invested to earn annual interest rather than spent immediately. A portion of the annual earnings is used to support programs within HSHS Holy Family Hospital. An endowment can be restricted to a specific department or unrestricted to be used for the greatest need. Named endowments are a gracious way to honor an individual loved one or a family name. A minimum of $10,000 is required to establish a named endowment. 

*The information contained in this web site is for informational purposes. You should seek advice from your personal legal or tax advisor to determine your individual tax benefits