Ways to Donate to The HCHC Foundation

A bequest is a simple way to leave a lasting legacy through the Henry County Health Center Foundation. By including the Foundation in your will or trust, you can support healthcare in our community for generations to come. Your gift may be a specific amount, a percentage of your estate, or a particular asset, and can often be added to an existing will through a simple amendment. 

Who might consider this option? 

A bequest is ideal for individuals who want to make a lasting impact while maintaining full control of their assets during their lifetime. Because it is flexible and easy to establish, a bequest can be an effective giving option for donors of all ages, incomes, and family situations. 

Donating appreciated stocks can be a tax-efficient way to support the Henry County Health Center Foundation. By transferring stocks or securities that you have owned for more than one year, you are eligible for an income tax charitable deduction based on the fair market value of the asset. In many cases, you can also avoid capital gains taxes that would be owed if the securities were otherwise sold.

Who might consider this option? 

This gift strategy may be a good fit for individuals who have held appreciated securities for several years and would like to make a meaningful charitable impact without selling those assets. Instead of selling the stock and paying taxes on its growth, you can transfer the stock directly to the Henry County Health Center Foundation, receive a charitable tax deduction, and maximize the impact of your gift.   

Naming the Henry County Health Center Foundation as a beneficiary of your life insurance policy is a simple way to make a meaningful future gift without affecting your current financial resources. When the policy is distributed, the Foundation receives the proceeds and uses them to support healthcare initiatives that benefit our community. This allows you to create a significant charitable impact through an asset you may no longer need for its original purpose. 

Who might consider this option? 

This gift may be a good fit for individuals who have a life insurance policy that is no longer needed to provide for family members or other beneficiaries. It can also be an attractive option for donors who want to make a substantial future gift without affecting their current cash flow. Because beneficiary designations can often be updated, this approach offers flexibility should your circumstances change over time. 

A gift of real estate or personal property can be a meaningful way to support the Henry County Health Center Foundation while creating a lasting impact on local healthcare. Gifts may include real estate, farmland, vacation homes, rental properties, artwork, antiques, collectibles, jewelry, vehicles, or other valuable assets. Depending on the type of gift, you may qualify for charitable tax benefits, and in some cases, the value of the asset can be used to fund a gift that provides income to you. The Foundation will work closely with you to honor your wishes and determine the most meaningful use of the asset, whether through preservation, display, direct use, or sale with proceeds supporting the area of greatest need or a purpose you designate.

Who might consider this option?

This gift may be a good fit for individuals who own property or valuable assets that have increased in value over time and no longer fit their needs, financial goals, or estate plans. It can be especially attractive for owners of farmland, vacation homes, rental properties, collections, or other assets they do not plan to pass on to heirs, as well as those looking to simplify their estate while making a meaningful charitable impact.

Naming the Henry County Health Center Foundation as a beneficiary of your IRA, 401(k), or other retirement account is a simple and impactful way to support the future of healthcare in our community. You can designate a portion of your retirement assets to the Foundation. For donors age 70½ and older, a Qualified Charitable Distribution (QCD) may also be an option. A QCD allows eligible individuals to make gifts directly from their IRA to a qualified charity, potentially providing valuable tax advantages while supporting the Foundation today. 

Who might consider this option? 

Those who have retirement assets  and want to leave a meaningful legacy while potentially maximizing what they pass on to loved ones. 

 A charitable gift annuity allows you to make a gift to the Henry County Health Center Foundation while receiving fixed payments for life. By setting up a gift annuity, you agree to exchange your irrevocable transfer of cash or securities; you receive an immediate charitable tax deduction and a dependable income stream. When the annuity ends, the remaining funds support the Foundation and help advance healthcare in our community. 

Who might consider this option? 

This is another popular planned giving option because it allows individuals to support a charitable cause, while also creating a reliable source of income for themselves or a loved one. 

A Charitable Remainder Unitrust can provide income for you or your loved ones while also creating a future gift for the Henry County Health Center Foundation. Assets are placed into a trust, and the trust makes annual payments based on a percentage of its value. Because the trust is revalued each year, payments may increase or decrease over time. You may also qualify for a charitable income tax deduction when the trust is established. After the trust term ends, the remaining assets support the Foundation. 

Who might consider this option? 

This gift may be a good fit for individuals who want flexibility and have assets such as cash, stocks, real estate, or business interests. It can be especially attractive for those seeking income, tax advantages, and a way to support both their family and local healthcare through a single planning strategy. 

A Charitable Remainder Annuity Trust allows you to make a significant gift to the Henry County Health Center Foundation while receiving a fixed income for yourself or other beneficiaries. You transfer assets, such as cash, stocks, or other investments, into a trust, which then provides consistent payments for life or for a set period. You may also qualify for a charitable income tax deduction and potentially reduce taxes on appreciated assets contributed to the trust. When the trust term ends, the remaining assets support the Foundation 

Who might consider this option? 

This gift may be a good fit for individuals who want to make a substantial charitable gift while maintaining a reliable income stream. It can be especially attractive for those who own highly appreciated stocks or other assets and are looking for potential tax advantages while supporting a cause they care about. 

A Charitable Lead Trust allows you to support the Henry County Health Center Foundation through annual gifts for a set period of time. At the end of the trust term, the remaining assets are transferred to your family members or other beneficiaries. This strategy can help donors support a cause they care about today while potentially reducing estate and gift taxes. 

Who might consider this option? 

Individuals with substantial assets who want to make an immediate charitable impact while passing wealth to future generations in a tax-efficient manner.

A Retained Life Estate allows you to donate your home, farm, or other property to the Henry County Health Center Foundation while retaining the right to live in and use the property for the rest of your life. You may receive a charitable tax deduction at the time of the gift, while continuing to enjoy the property during your lifetime. 

Who might consider this option? 

Individuals who want to remain in their home or on their property while creating a future charitable gift and simplifying their estate plans.

A Bargain Sale allows you to sell property to the Henry County Health Center Foundation for less than its fair market value. You receive payment for the sale while also receiving a charitable deduction for the difference between the property's value and the sale price. This can be an effective way to support local healthcare while managing appreciated assets. 

Who might consider this option? 

Property owners seeking liquidity, a charitable tax deduction, and potential relief from significant capital gains taxes.