An opportunity to gain income and tax benefits through philanthropy.
Through planned giving, donors establish their personal financial goals in a well-conceived estate plan that includes a gift to a charitable institution like Sharp HealthCare. Planned giving represents an enormous opportunity to gain income and tax benefits through philanthropy.
Planned giving results from careful discussions with a financial planner, accountant, attorney or other qualified professional. Never try to create a planned giving strategy without professional advice; hard-earned dollars could needlessly be sacrificed to income and estate taxes in trying to save a few dollars up front.
Because financial situations vary from person to person, no single approach to estate planning is applicable across the board. Estate plans can be tailored to fit a wide variety of purposes and financial profiles. Generally speaking, a planned gift can:
Create an estate that provides current and future financial security
Maximize the amount of assets that will pass to heirs and beneficiaries
Protect as much income from federal taxes as is allowed by law
Provide continued, meaningful support for the charities that have been important throughout a person's lifetime
We are happy to work with you to find the planned giving option that best suits your personal goals and to identify potential funding opportunities.
Gifts to Sharp can be made in one of two ways. Unrestricted contributions are applied where the need is greatest. Restricted contributions are made to a specific program or service, such as to purchase new equipment, fund a community outreach program or support a clinical research project. If you are leaning toward a particular use for your gift but are unsure about the specifics, we can help you identify potential funding opportunities.
For More Information
To learn more about planned giving, please call Norm Timmins at 619-740-4315 or send us an email.