Planned Gifts

What are your dreams for rural healthcare? How will you be remembered in your community? When you include the Gordon Memorial Hospital Foundation in your estate or financial plans, you leave a lasting legacy that supports the health and well-being of local families for generations to come.

We gratefully accept legacy gifts such as bequests, gift annuities, charitable remainder trusts, and other planned contributions. Your generosity ensures that quality healthcare remains strong, local, and available to those who need it most.

To learn more about planned giving options, contact us at:

Planned Giving Options

Each planned gift offers unique benefits. Below are common options available to our donors:

Gifts Through Your Will

ncluding a gift in your will lets you maintain control of your assets during your lifetime while making a meaningful contribution to the future of Gordon Memorial Health Services.

You can choose to give:

• A specific dollar amount
• A percentage of your estate
• The residue (what remains after other bequests are made)

Although there are no immediate tax benefits, a bequest may help reduce estate taxes in some cases. Always talk to your tax professional or accountant before making decisions.

Retirement Plans

Tax-deferred retirement plans such as IRAs, 401(k)s, or 403(b)s are smart tools for retirement. However, when passed to heirs, these plans may be subject to high taxes. Naming Gordon Memorial Hospital Foundation as your beneficiary avoids those taxes and directs the full value of your plan to benefit rural healthcare.

Your plan administrator can provide the necessary forms to name the Foundation as a beneficiary.

U.S. Savings Bonds

Savings bonds are another excellent option. If inherited by individuals, bonds are taxed as income. But when donated to a nonprofit like the Gordon Memorial Hospital Foundation, those taxes are avoided, making your gift more impactful.

Life Insurance Gifts

Even if you don’t have a large estate, life insurance can provide a significant legacy. There are three ways you can give through life insurance:

• Name Gordon Memorial Hospital Foundation as a beneficiary
  • Request a beneficiary form from your insurance provider and list the Foundation as your primary or secondary beneficiary.
• Transfer ownership of an existing policy
  • If you have a policy you no longer need, consider transferring ownership to the Foundation. You may be eligible for a charitable tax deduction.
• Create a new policy for giving
  • You can take out a new policy and name the Foundation as both owner and beneficiary. Your premium payments become tax-deductible charitable gifts.

Let’s Build Something That Lasts

We would be honored to partner with you in creating a legacy that improves lives in our rural community. When you include Gordon Memorial Hospital Foundation in your financial or estate plans, you are investing in the future of local healthcare.