Ketchikan General Hospital Foundation
Types of Gifts
  

You may direct that the Foundation Board of Directors designate your gift to the area of greatest need or to any of Ketchikan General Hospital's programs, nursing departments or community health initiatives. One-hundred-percent of your gift will go directly to the program or service you designate.

Specially named funds and endowments can be established to recognize or honor a person or entity of your choice.


Types of Foundation Gifts

Cash – A one-time gift of cash is tax deductible to the extent allowed by law.

Pledge – A pledge is a commitment to give a gift at pre-determined times. A pledge can be made at any time, and paid monthly, quarterly or annually.

Security – A gift of stocks, bonds or other securities involves transferring the asset to the charitable service. This gift provides a tax deduction equal to the fair market value when the gift is delivered.

Tangible Assets – A gift of tangible assets is transferring to the charitable service, property such as real estate, artwork, vehicles, etc. These assets may be fully tax deductible at appraised value.

Life Insurance – A gift of Life Insurance involves naming the charitable service as the beneficiary of a paid-in-full policy, or in a new policy where the premiums may be tax deductible.

Charitable Trusts – A charitable trust involves placing assets in a trust and naming a charity as the eventual recipient of the assets. Interest income is paid from the trust to the donor or donor's named beneficiary (e.g. spouse, children).

Charitable Gift Annuity – A charitable gift annuity involves exchanging an asset for guaranteed, fixed interest income for the rest of your life.

Bequests – A bequest involves transferring assets to a charity through a will.

 

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