How to Give

In Giving, You Receive

Give the Gift of Health and Receive A Gift of Guaranteed Income

It is said that in the act of giving we receive more than we thought imaginable. The charitable gift annuity (CGA) is a planning tool that recognizes that the rewards of giving begin with the desire to make a gift.

You can make a gift to your favorite charity, and still receive an income for yourself or others. To create a CGA, a donor transfers an asset (cash, stock, or other assets) to charity.

Most gift annuity donors are retired, want to increase their cash flow, seek the security of guaranteed income, and would like to save taxes. A charitable gift annuity could be right for people in any of the following circumstances:

• The interest rates on their CDs and other fixed-income investments have declined, and they would like to increase their cash flow.
• They own appreciated stock or mutual fund shares and have considered selling some of the shares and reinvesting the proceeds to generate more income, but they have hesitated because they don't want to pay tax on the capital gain.
• They would like to count on fixed payments, which are unaffected by interest rates and stock prices and which they cannot outlive.
• They want to assure continuation of payments to a surviving spouse without the delay of probate proceedings.
• They would like to provide financial assistance to an elderly parent, a sibling, or other person in a tax-advantaged manner.

For more information on the charitable gift annuity you can email Lisa Hartsock (Lisa.Hartsock@chw.edu) at the Northridge Hospital Foundation, or call her at (818) 885-5341, ext 4.

Matching Gifts 

Many employers have matching gift programs that will match your gift to Northridge Hospital. Please check with your employer for the options they offer. Gift of Marketable Securities The second most frequently used asset for current charitable giving is marketable securities that have appreciated in value, held for over one year. This gift to us produces two tax savings - a deduction for the current value, and avoidance of the capital gains tax.

An outright gift of undeveloped land or developed property is generally fully deductible for its current fair market value. The property is frequently worth much more than the original cost of land or the depreciated value of structures; the gift nevertheless completely avoids capital gains tax that would be payable were the property to be sold. As with appreciated securities, the two tax savings combine to reduce the net cost of the gift to the donor.

Have you thought about making a significant philanthropic gift that can save lives and give you something in return? Do you want to make a contribution without using your current assets?

You can accomplish these goals by making a deferred gift in support of Northridge Hospital Medical Center. In addition to creating long-term health care benefits for your community, you may also achieve substantial tax benefits.

If you are interested in making a deferred gift, we invite you to consider joining the Legacy Society  of Northridge Hospital Foundation. The Legacy Society is a membership society for a special group of individuals with a vision for the future of health care at Northridge Hospital Medical Center. Review tax tips for giving at year end in the Fall 2008  Legacy newsletter.

The Summer 2008 issue of Legacy offers tips for effective estate planning and security your financial future through planning. The Legacy Winter 2008 issue answers questions about real estate gifts. The Fall issue of Legacy offers financial and gift planning ideas for friends. For a confidential discussion of giving options, please call the Northridge Hospital Foundation at (818) 885-5341.

Partners Program Annual Fund

Today’s economic climate has presented us with unprecedented challenges to adequately fund needed state-of-the-art equipment and technology for Northridge Hospital. In order to continue providing outstanding health care to all of our patients, Northridge Hospital must constantly purchase new equipment, improve existing technology, and update and maintain hospital facilities.

Your gift to the Partners Program Annual Fund is essential to help us meet these ongoing needs. By contributing to Northridge Hospital Medical Center, you are supporting a valuable community asset.