Giving for the Future

Financial support of the NRH mission may take many forms, including life income and estate gifts. We encourage you to consider ways in which you might remember the hospital and support the future needs of our patients, and we hope this website will serve as a resource and planning tool. While many of these gifts are not immediately available for use by the hospital, they are critically important to our long-term financial strength and help ensure our ability to meet the opportunities and challenges the future will bring.

The flexible and creative gift strategies noted below address a variety of planning objectives. We would enjoy working with you and your financial advisor to implement a plan that meets your goals.

What Assets May You Give?

• Direct bequest of cash is the simplest gift from an estate – it is determined either as a specific amount or as a percentage of your estate.
• Appreciated securities such as stocks, bonds or mutual fund shares may be gifted to NRH as part of your estate plan and may save on capital gains expenses incurred by your estate if the shares were sold directly.
• Real estate such as a primary residence, land, a vacation home, or other income producing properties may be of great benefit to NRH and are reviewed by the hospital’s Gift Acceptance Subcommittee prior to acceptance. Real estate may be given as outright, used to fund a life-income gift, or transferred in a part sale/part gift arrangement.
• A remaining balance in your retirement account may be designated to NRH by naming the hospital as a charitable beneficiary. By gifting this remainder to the hospital and saving other assets as gifts for your family, this may result in a tax savings to your heirs.
• Gifts of valuable assets such as a book collection or artwork may be of benefit to NRH. There are specific IRS requirements to meet before such a gift can be deducted by the donor, and all gifts of this type are reviewed by the hospital’s Gift Acceptance Subcommittee prior to acceptance.
• Business interests such as a partnership, an interest in a business or shares of closely held stock in a limited partnership may all hold value for NRH. Proposed gifts of this nature are reviewed by the hospital’s Gift Acceptance Subcommittee prior to acceptance.

How can a gift pay you back?

Your gift to NRH may provide income for you, your spouse and designated beneficiaries. Through Charitable Gift Annuities and other gift vehicles, you can receive fixed or variable incomes throughout one’s lifetime or over a term of years while receiving an immediate charitable deduction.