Planned Giving to South County Hospital
401 788-1492, Office of Development
Throughout its history, South County Hospital has benefited from the generosity of many friends who have provided support through their bequests and other forms of planned or deferred gifts. Planned gift arrangements offer “win-win” structures that help you provide for the Hospital while advancing your own financial and personal objectives.What is Planned Giving?
A planned or deferred gift is a type of charitable gift that requires some planning, usually with the assistance of a financial advisor and development officer. A donor may fund his or her gift with cash or other assets. When you create a planned gift, you potentially increase your income, reduce taxes, avoid capital gains tax, pass assets to family at a reduced tax cost, and make a substantial donation to a charity. Planned gifts include bequests, trusts, real estate, charitable gift annuities, and retirement assets.
Benefits of Planned Gifts:
- Maximizing your charitable contribution
- Allowing advantageous tax deductions under state and federal law
- Turning appreciated assets into an income for yourself and/or others