NVRH Legacy Circle
Your gift. Your legacy.
The NVRH Legacy Circle recognizes those who have remembered the hospital in their will or through a planned gift.
Thank you for your interest in learning more about the many benefits of making a planned gift.
Including charitable gifts in your estate and financial plans can lessen the burden of taxes on you and your family, while at the same time supporting the important work of NVRH. Below are some gift options that you may want to consider. The NVRH Philanthropy Office is happy to work with you to find the arrangement that works best for your circumstances, as well as leaves the legacy you want.
To learn more about any of the gift options below, or to speak with someone about your legacy giving plans, email email@example.com or contact Emily Hutchison, Director of Philanthropy, at 802-748-7464.
A bequest is one of the easiest gifts to make. Simply include language in your will or trust specifying a gift be made to NVRH as part of your estate plan. Visit our Bequest page for more information and sample language to use.
Retirement-plan assets can be subject to both income taxes and estate taxes before they find their way to your heirs. For this reason, they are particularly good assets to use to make a gift to NVRH. Adding NVRH as a beneficiary or partial beneficiary of your retirement plan assets, IRA, or insurance policy is a simple process that can be completed without an attorney. Simply request the appropriate “Designation of Beneficiary” form from your retirement-plan administrator for the appropriate form.
Gifts of real estate secure a charitable income tax deduction for you, based on the fair market value of the property, with no capital-gains tax liability on the transfer.
Charitable Gift Annuities
A charitable gift annuity (CGA) involves a simple contract between you and NVRH. In exchange for an up-front gift, NVRH agrees to make fixed payments to you (and someone else, if you choose) for life. The payout rate is a percentage based upon the age of the beneficiaries when the annuity is established. In addition to payments for life, the CGA generates an immediate income-tax deduction.
Charitable Remainder Trusts
A charitable remainder trust provides is a wonderful way to support NVRH if you have built up a sizeable estate and are looking for ways to receive reliable annual payments, while at the same time receiving potential tax benefits. The trust can be structured as an annuity trust (payments remain the same) or a unitrust (payments are variable based on a fixed percentage of the fair market value of the trust).
Through your estate plan, you can establish a self-sustaining endowment fund to provide an on-going source of funding for a purpose you designate.
To become a member of the NVRH Legacy Circle, simply notify the Philanthropy Department that you have included the hospital in a planned gift. All information shared is confidential. And of course, if so desired, membership can be anonymous.