169 Riverside Drive, Binghamton, NY 13905
Phone: 607-798-5684
Gifts in the form of cash or check are the type of gifts most
familiar to donors (such a gift can be tax deductible up to 50% of
a donor's adjusted gross income).
Checks can be made payable to:
Lourdes Hospital Foundation
169 Riverside Drive
Binghamton, NY 13905
You may also make a donation online with a
credit card. Gifts may be made in memory of a loved one, in
honor of someone special, or in general support of Lourdes
mission. All those who donate online will receive a formal
acknowledgment of their contribution in a written letter.
All gifts received by Lourdes Hospital Foundation will benefit
Lourdes.
Thank you for thinking about remembering Lourdes in your Will.
There are several types of bequests that you can make to support
Lourdes Hospital. Some types are:
- Residuary Bequest
- Specific Bequest
- Percentage Bequest
Sample Bequest Wording
Sample wording for a Residuary Bequest or a
gift made after all other heirs are remembered and all expenses and
debts are paid, could include:
"All the rest, residue and remainder of my estate, I give,
devise and bequeath to The Lourdes Hospital Foundation, Inc.,
located in Binghamton, New York."
Sample wording for a Specific Bequest could
include:
"I give, devise and bequeath to The Lourdes Hospital Foundation,
Inc., located in Binghamton, New York, the sum of ____ dollars
($____.__)."
Sample wording for a Percentage Bequest could
include:
"I give, devise and bequeath to The Lourdes Hospital Foundation,
Inc., located in Binghamton, New York, an amount equal to ____
percent (____%) of the net value of my estate as finally determined
for Federal estate tax purposes."
Ways Assets Can Be Passed OUTSIDE Your Will.
Examples of assets that can pass outside your Will are:
- Assets held in an IRA or qualified retirement plan
- Assets held in trust
- Life insurance proceeds
These are some examples of how you can name The Lourdes Hospital
Foundation as a "Beneficiary" of assets.
If you have questions or need more information about bequests to
support Lourdes, please call the Lourdes Foundation Office at
607-798-5684.
A donor can remember a deceased loved one by making a memorial
gift to The Lourdes Hospital Foundation. Notification of the gift
(without mention of gift amount) is sent to the family of the
person remembered.
A donor can honor a relative, friend, or colleague for a special
occasion such as a birth, birthday, graduation, anniversary,
wedding, retirement, professional achievement, or academic
achievement by making a commemorative gift to The Lourdes Hospital
Foundation. Notification of the donors thoughtfulness (without
mention of gift amount) is sent to the honored person.
Naming opportunities present an excellent way for a donor to
honor or memorialize a loved one by establishing a philanthropic
fund or by dedicating a room, a facility, or a needed piece of
medical equipment.
To learn more about naming opportunities, you may call Robert
O'Connell at the Lourdes Foundation Office at 607-798-5684.
A gift of securities that have appreciated in value can provide
the donor tax benefits, as well as the opportunity to make a
significant gift to The Lourdes Hospital Foundation. The donor
bypasses capital gains tax and can take an income tax deduction
based on the securities fair market value at the time of the
transfer.
Benefits:
- You receive gift credit for the fair market value at the time
of transfer.
- You pay no capital gains tax on the appreciated securities you
donate.
- Your gift is recognized as a charitable contribution for income
tax purposes.
Various charitable trusts allow the donor the opportunity to
establish an ultimate gift for the benefit of the Hospital, while
providing lifelong income for the donor. Trusts can be
funded with cash or with real estate, stocks, or other assets. A
charitable trust offers the donor the opportunity to convert
non-paying assets into income-earning assets while generating a
substantial future gift. Contributions that produce ongoing income
to the donor can be very attractive methods of giving. Donors
interested in charitable trusts should contact their lawyers for
details concerning the many types of charitable trusts.
Options for donors with life insurance include:
- A gift of a paid-up life insurance policy may be a way for a
donor to make a significant gift. Many donors have grown children
who are financially independent; for such donors, their paid-up
life insurance policies may no longer be needed. The donor who
contributes in this manner may deduct the cash surrender value of
the policy as a charitable contribution.
- By purchasing a life insurance policy and designating The
Lourdes Hospital Foundation as irrevocable owner and beneficiary of
the policy, a donor can thus make a charitable gift. In this
instance, the annual premium that the donor will pay can be
considered a charitable contribution.
Corporate matching gifts programs can provide donors the
opportunity to augment their contributions.
A donor who works for a company that features an employee
matching gifts program obtains the appropriate form from the
employer and sends the completed form together with the donors
contribution to The Lourdes Hospital Foundation. The Foundation
verifies the gift, and the employer then forwards its matching gift
to the Foundation.
Mission 2012: Building Tomorrow's Healthcare
Today is one of the largest community-based efforts the
Lourdes Hospital Foundation has ever planned. We have pledged to
raise $6 million to allow Lourdes to move forward with the $70
million facility upgrade.
There are several naming opportunities available to
campaign donors.
Learn more about ways you can offer
financial support to Lourdes by calling Robert O'Connell at the
Lourdes Foundation Office at 607-798-5684.
