Leave a lasting legacy in your local community
Planned Giving — charitable support made through your estate plan's will or trust — is a promise made today that serves your philanthropic passion into tomorrow and beyond.
By creating a planned gift through HonorHealth Foundation, you will create a lasting legacy that benefits HonorHealth patients and our community for generations to come.
Your planned gift will not just shape the future of healthcare in our community, but it may also deliver certain financial benefits to you or your heirs. When you include HonorHealth Foundation in your will or estate plan, you will:
- Live every day knowing you have done something great for others while supporting a cause important to you.
- Enjoy peace of mind for you and your family as you clearly convey your intentions for the future.
- Continue to enjoy your assets during your life.
HonorHealth Foundation's Planned Giving professionals have expertise across a wide spectrum of philanthropic options and can help you craft a legacy giving plan that is precisely tailored to your philanthropic passions and financial objectives.
Contact HonorHealth Foundation Planned Giving
480-587-5000 or LegacyGiving@HonorHealth.com
Types of Planned Gifts
Charitable Bequest
A charitable bequest gift may be a percentage of your estate, a specific dollar amount or other asset, or the residue of your estate. Other alternatives are to include a bequest to HonorHealth Foundation in your will or revocable trust, designate HonorHealth Foundation as a full, partial or contingent beneficiary of your retirement account, or name HonorHealth Foundation as a beneficiary of your life insurance policy.
Real Estate
You can deed your property outright to HonorHealth Foundation or implement a Life Estate strategy which provides you with a current income tax deduction for making a future gift of your home, vacation home, farm or ranch.
Donor Advised Fund
A donor-advised fund (DAF) is like a charitable investment account, for the sole purpose of supporting charitable organizations you care about. When you contribute cash, securities or other assets to HonorHealth Foundation, you are generally eligible to take an immediate tax deduction. Additionally, DAF funds can be invested for tax-free growth to achieve your philanthropic goals.
Appreciated Stock
A gift of appreciated securities supports your philanthropic passion without depleting cash reserves. You are eligible to receive an income tax deduction and avoid long-term capital gains tax on any appreciation.
Charitable Gift Annuity
In a Charitable Gift Annuity, you transfer cash or property to HonorHealth Foundation and receive fixed payments for life for you and/or another annuitant (based on your age) at very competitive rates. You receive an immediate income tax deduction for the charitable gift portion of the annuity and payments may be partially tax-free. If you donate appreciated assets, you may also save capital gains tax. HonorHealth Foundation CGAs are administered by Merrill Lynch.
Charitable Remainder Trust
This special type of trust allows you to donate generously while offering tax benefits to you and your heirs. You can transfer your cash and/or appreciated property to fund a charitable trust. The trust sells your property tax-free and provides you or other beneficiaries with income for life or for a term of years. At the end of your life or the trust term, the remainder of the trust will pass to the charities that you have named as beneficiaries.
IRA Charitable Rollover
The IRA Charitable Rollover enables you to avoid taxes on transfers of up to $108,000 each year from your IRA.
HonorHealth Foundation's Planned Giving Professionals
Patricia J. Elder, CPA, MBA, CAP, CFRE
Vice President of Planned Giving
Robin Cochran, JD, CAP, CFRE
Associate Vice President of Planned Giving
Gregory Mattox, JD, MBA
Vice President, Planned Giving/Real Estate
Learn more about making a gift through your estate or financial plan, or contact HonorHealth Foundation Planned Giving
480-587-5000 or LegacyGiving@HonorHealth.com