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Cash
Gifts |
Our mailing address is:
Ellis Hospital Foundation, Inc.
1101 Nott St.
Schenectady, NY 12308
If you would like to
use your credit card (MasterCard, Visa or American Express)
please call the Foundation office at 518.243.4600 or use
our Online Donation Form at www.ellishospitalfoundation.org
and complete our secure online
donation form. |
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Matching Gifts |
Many companies have matching gift programs which
provide an important and simple way to enhance your charitable
intentions. To find out if your company offers a matching gift
program, contact your human resources or benefits office. |
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GE Gift Match |
GE employees, directors and retirees can have their
gifts of cash, stock or real estate matched, dollar-for-dollar,
by the GE Foundation. Gifts must be $25 or more and cannot exceed
$50,000 per donor, per calendar year. Simply send a gift to the
Ellis Hospital Foundation, then call the GE Fund Matching Center
(800.462.8244) and provide your social security number, Ellis Hospital
Foundation’s zip code (12301) and the date and amount of
the gift. |
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Transfer from IRA |
If you are 70 ½ or older,
the Pension Protection Act of 2006 benefits you. You can make an
outright gift to the Ellis Hospital Foundation, Inc. by making
a direct transfer from your IRA without paying taxes on your distributions. |
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Gifts of Stock |
Giving appreciated stock to the Ellis Hospital
Foundation offers you two-fold tax savings. Not only can you avoid
paying any capital gains tax on the increased value of your stock,
but you will also receive a tax deduction for the fair market value
of the stock on the date of the gift. Please note that in order
to take advantage of these tax benefits, stock must be transferred
to the Foundation and sold through their broker. |
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Bequest |
You can make a provision in your will that sets forth the percentage or actual dollar amount that you wish transferred from your estate to the Ellis Hospital Foundation, Inc. after death. A bequest to the Foundation is not subject to federal, estate or local inheritance taxes, and the value of the bequest is deductible in determining your taxable estate.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Charitable Gift Annuity |
In exchange for your gift of $10,000 or more in the form of cash or stock, the Foundation agrees to pay you and/or a beneficiary a guaranteed fixed payment for life. Assets do not go to the Foundation until after your death and/or the death of your beneficiary. You must be 50 years or older to establish a charitable gift annuity.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Pooled Life Income Fund |
Your gift of at least $5,000 in cash or stock is pooled with other gifts for investment purposes. In return, you receive a proportionate share of the net income earned by the fund annually. You avoid capital gains and estate taxes on gifts of appreciated securities. Upon your death, your remaining assets in the fund go to the Foundation. You must be over 65 years old to participate.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Life Insurance |
Make a gift to the Ellis Hospital Foundation by naming it as a beneficiary of a life insurance policy. Your ongoing premium payments qualify as charitable deductions.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Real Estate |
By giving real estate (property and/or homes), you avoid the difficulties of selling property and pay no capital gains taxes. The Foundation will sell the house or land, and the proceeds will benefit the hospital.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Retirement Plans |
IRAs, 401(k) Plans, Keough Plans, etc. may provide a good way for you to give to the Ellis Hospital Foundation. Remember, you may designate the Foundation as a direct or contingent beneficiary of your retirement plan.
Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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Endowment |
You may establish an endowment at the Ellis Hospital Foundation for a minimum of $50,000. To do so, the donor makes a contribution to the Foundation, which then sets up a special account and invests the principal, following prudent strategies designed to protect it and make it grow. You may establish an endowment in your own name, or in honor or memory of someone who is special to you. Entitles donor to membership in The 1885
Society,
Ellis Hospital Foundation’s planned giving club.
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To help create a legacy
in your lifetime,
please remember to include the Ellis Hospital Foundation, Inc.
in your estate plan.
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