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Why a Charitable
Remainder Trust?
For some people a charitable remainder trust (CRT) makes great financial as well as charitable sense. A CRT can:
• give you an income tax deduction. The amount is based on the value of the gift, age of the income beneficiary, current tax laws, and other factors.
• help you avoid capital gains taxes when certain appreciated assets are used to create the trust.
• give you more income, particularly when low or nonyielding assets that are highly appreciated are used to fund the trust.
• honor your wishes. You can direct exactly how your gift will be used.
Take the Next Step
Decide which nonprofit groups or causes you’d most like to help. Is there an institution that has provided help or care to you or someone you care about? Are you an active volunteer? An annual donor? Those may be good places to leave a legacy.
Call the organization to discuss your interests. At the Foundation, we’re happy to tell you about opportunities for giving and how your gift can help the hospital and our community. Of course, all information is confidential.
Contact professional advisors for help. An attorney, accountant, insurance agent, or financial planner can ensure you get the maximum tax and legal advantages allowed for your gift. To learn more, call Queen of the Valley Foundation at 257-4044 or visit our site at www.qvhf.org. Or contact Leave a Legacy at 1-888-747-0454 or www.leavealegacy.org
Thanks, Doc!
Few hospitals can boast a team of physicians as outstanding as those that work at Queen of the Valley. The excellent care they provide has won the gratitude of thousands of patients over the years and has inspired many of the gifts, large and small, that have helped the QVH Foundation raise more than $12 million for the hospital in the 31 years the Foundation has been in existence.
So the Foundation’s trustees have invited the hospital’s physicians to a special “thank you” reception on Thursday afternoon, Oct. 26, at Silverado Country Club. Entertainment will be provided by musical groups from local high schools.
“These are tough times in the medical profession,” says trustee Tom Young, who’s helping to organize the event. “We’re doing this as a way of letting the physicians know how much we appreciate the wonderful job they do.”
Did you know?
• The Hall of Honor, on the first floor of the Nursing Pavilion, provides permanent recognition to those who have donated $2,000 or more to the Foundation.
• The donations honored on the wall are cumulative. Many of those listed have given small amounts that have added up over many years to substantial sums.
• Additional gifts move an honoree into higher categories, based on cumulative total gifts over the years.
• In recognition of the community’s continued generosity, the Foundation has increased the size of the Hall of Honor’s highest level, which now stands at “$1 million and above.”
