Planned Giving
Planned Gifts: An Investment for the Future
To continue the work and Mission of the Benedictine Health Foundation, we depend on private contributions from caring individuals. Your planned gift will reflect your faith in our mission and honors the special place the Foundation holds in your heart. More people than ever are discovering that the Benedictine Health Foundation provides an “essential service” and the benefits of supporting the Foundation through their estate plans. These donations, often called planned gifts, can offer many advantages:
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- Reduce estate taxes
- Provide a life income stream
- Allow you to make a much larger gift than you thought possible
- Receive a current income tax deduction
- Reduce or avoid capital gains tax
- Determine the legacy you leave behind and support the vital work of the Benedictine Health Foundation
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You do not have to be wealthy to make a planned gift, and you can make a gift that does not cost anything during your lifetime, such as a Charitable Bequest as defined in a Will or Trust. Another option would be to name the Benedictine Health Foundation as a beneficiary of your retirement account or of an insurance policy that you no longer need. If you would like to make a gift that gives you income for life, you may want to consider a Charitable Remainder Trust.
No matter what you decide, please remember that a planned gift to the Benedictine Health Foundation means more than just a potential tax savings…it is also a way to give back to others.
When including a bequest provision, always use the legal name, Benedictine Health Foundation, Inc. and provide the Federal Tax Identification Number, 22-2243537. Please find the “Estate Intention Form” here:
Download Estate Intention Form
Regardless of the size of your estate, proper planning is important to ensure that the assets you have spent a lifetime accumulating are distributed according to your wishes. As with all tax and estate planning, please consult with your attorney or estate specialist. We will be glad to answer questions and offer suggestions confidentially based upon your personal circumstances and interests. Please contact the Benedictine Health Foundation at (845) 481-1303 or email brexford@bhfoundation.org.
Become a Member of the Legacy Society
The Legacy Society acknowledges donors who have named the Benedictine Health Foundation as the beneficiary of a planned gift in their estate to ensure that we will continue in our Mission to raise and distribute financial resources to those struggling with a cancer diagnosis and whose financial means limit their ability to access or receive the care that they need.
“Benedictine Health Foundation’s focus on programs for patients diagnosed with cancer, while continuing the legacy of the Benedictine Sisters’ Spirit of Compassionate Care, is invigorating for those of us that love the Sisters and the work they have fostered in our community. There is no better way to establish your own legacy than by supporting their good work into the future.” – Paul L. De Lisio
If you have already named the Benedictine Health Foundation as a beneficiary in your estate plans, please contact us to let us know of your generosity. This will allow us to thank and recognize you for the plans you have made.