Gifts that pay you back
Transfer securities, cash, or other property to Sierra Nevada Memorial Hospital Foundation and we’ll manage the investment of the assets and pay an income to you, your designated beneficiaries, or both. Receive payments for the rest of your life or, in some cases, up to a certain number of years.
Charitable gift annuities
If you’re looking for a way to maintain your current lifestyle, increase your financial security, and lower your taxes, consider creating a charitable gift annuity. You will receive fixed annual payments for as long as you live. If you are under 65, you may want to consider a Deferred Charitable Gift Annuity, where payouts start after you hit a certain age.
Benefits
- Receive an immediate income tax deduction for a portion of your gift
- Annuity payments are guaranteed for life, backed by a reserve and the assets of our organization
- Annuity payments are partially tax free, making them more valuable than fully taxable income of the same size
How it works
- Transfer cash or securities to our organization.
- We pay you (or up to two annuitants) fixed income for life. The amount depends on the size of the transfer, and how old you (or the other annuitants) are.
- The remaining funds pass to us when the contract ends, creating a meaningful impact.
Consult with a qualified estate planning attorney and a financial advisor to determine if this is the right option for you.
Charitable lead trusts
A Charitable Lead Trust is a type of trust that allows you to make a charitable gift while retaining some control over the assets during your lifetime. This type of trust makes annual payments to a charity for a set number of years, after which the remaining assets are distributed to non-charitable beneficiaries that you choose (many people choose their family members).
Who it’s for
- Those who want to retain some control over the assets during their lifetime
- Those who want to provide for non-charitable beneficiaries, such as family members, after the charitable period ends
- Those with significant assets and who want to reduce their estate tax liability
Benefits
- Receive an immediate income tax deduction for the value of your contributions
- Retain some control over the assets donated
- Provide for your family’s financial security
- Create a lasting legacy that supports our mission
How it works
- Create a trust and fund it with assets, such as cash, securities, or real estate.
- The trust makes annual payments to us for a set number of years, based on a predetermined formula or percentage of the trust assets.
- At the end of the charitable period, the remaining assets are distributed to non-charitable beneficiaries, chosen by you, such as your family members.
- Receive an immediate tax deduction for the present value of the charitable payments made by the trust.
Consult with a qualified estate planning attorney and a financial advisor to determine if this is the right option for you.
Leave a Lasting Impact for Community Health
Giving through your Will or Trust will help us fuel our mission: We touch and save lives every day by helping Sierra Nevada Memorial Hospital deliver superior healthcare through outreach programs, education, state-of-the-art technology and facilities by means of philanthropy and volunteerism.
We’re here to help you meet your goals!
Our team would be happy to speak with you in confidence about your giving goals, with no obligation.
Already included us in your estate plan? Let us know