Ways to Give

CASH GIFTS:
Cash giving is the most popular way to give. Cash contributions result in direct tax savings for donors and provide Oak Valley Hospital Foundation with funds for immediate use. Many companies match contributions of employees. Gifts can be made via cash or checks.  For online donations, click here.

SECURITIES:
Contributions to the Foundation in the form of common stock or other securities that have increased in value, can have important extra benefits for the donor. With these gifts, there is no capital gains tax due on “long-term” holdings, and the full market value of the securities at the time of the gift may generally be claimed as a deduction from income in the year of the gift. If the stocks have declined in value, they should be sold by the donor first, and the proceeds given to the Foundation. Then, in addition to the gift deduction, a capital loss can be claimed by donors on their income tax returns (not an option if depreciated securities are given outright). Money market funds, mutual funds, and zero coupon bonds, can also be used to make gifts.

REAL ESTATE:
A farm, home, apartment house, commercial property, or other real estate can be used to create a significant gift to the Foundation. Donors no longer have upkeep and tax concerns, and the Foundation can choose to retain the land, trade it, or market it. The donors also receive significant tax advantages. Many donors set up a “life estate contract” under which they retain the right to live on and use the property for the rest of their lives, even though they have deeded the property to the Foundation and have received tax benefits. At their death, the Foundation becomes owner.

LIFE INSURANCE:
One of the most effective ways that a donor can make a large gift to the Foundation with relatively small annual contributions is through life insurance. The Foundation is named as the beneficiary or can be co-beneficiary. Most insurance company representatives know about this method of giving.

WILLS AND BEQUESTS:
Bequests to the Foundation in a last will and testament are not taxable as part of the donor's estate. This is also true of many marital and family trusts. The portion of the will might simply read: “I hereby give, devise and bequest the sum of $ ____________/OR/ all the rest, residue and remainder of my estate to Oak Valley Hospital Foundation.” Families of all ages can utilize wills, bequests, and other planned giving instruments for their benefit and for the Foundation benefits. We have experts who would be happy to help you with your estate planning.

GIFTS THROUGH A DONOR'S CORPORATION:
Small business owners often find it advantageous to make gifts to the Foundation through their corporations.

CHARITABLE REMAINDER TRUST:
The Charitable Remainder Trust is one example of a number of planned gifts that return an income to the donors. These gifts provide lifetime security to the donors while making major contributions to the Foundation. As the name implies, the donor places assets into this type of trust and the Foundation eventually receives the remainder after its use by the donor.

POOLED INCOME FUNDS:
As the name implies, the donor places assets with other donors to create an investment pool. Most pooled income funds are managed by private companies with expert investment management. The donor and/or spouse receives a lifetime income, and the Foundation receives the balance of the principal at the appropriate time. This is similar but simpler than a charitable remainder trust.

PERSONAL PROPERTY and EQUIPMENT GIFTS:
Often valuable items not usually thought of as charitable gifts make excellent contributions--such as automobiles and various types of other vehicles and equipment. There are often tax deductions available to the donor. Of course, the personal property must be of a type that the Foundation can use, and be in good operating condition.

OVERFUNDED RETIREMENT PROGRAMS:
The baby boomers are beginning to retire or are in the process of doing retirement planning. Due to the tremendous performance of the stock market in recent years, many retirement plans have given to the point of "overfunding." Overfunding means that when the funds are utilized during retirement, they will be taxed at rates much higher than most people realize. There are ways to reduce this tax burden, provide a gift for the Foundation, and increase the income for these people. The Foundation can retain outside consultants to help you in this area.

CHARITABLE LEAD TRUSTS:
This special plan is advantageous to the donor who has a larger income than currently needed and who wishes to make a gift. In short, the charitable lead trust diverts income away from the donor's taxable base for a specified period of time, rather than crediting a charitable deduction.
     CONVEYANCE: The donor conveys property irrevocably to Oak Valley Hospital Foundation (or another trustee) for a period of ten years or more and agrees that income from the trust shall be paid to the Foundation during the life of the trust. The income may be designated for a Foundation program or project, in accordance with the donor's wishes.
     TRUST TERMINATION: When the trust terminates, the trust corpus will revert to the donor, to other family members as designated by the donor in the trust document, or to the Foundation if the donor wishes to create a charitable deduction at that time.