Home > Giving > Donor Programs > Planned Giving

Here with You ~ A well-planned gift to Hospice Buffalo survives generations.

Planned Giving

When you make a planned, charitable gift to the Hospice Foundation of WNY you have the satisfaction of knowing that your donation will help further the mission of Hospice and ensure it is available for generations to come.

What will your Legacy be?

Harlan & Margaret Swift Legacy Circle

The Harlan & Margaret Swift Legacy Circle provides special recognition to those generous benefactors who include Hospice in their estate plans and for those who have made charitable bequests to the Hospice Foundation. The Swift Legacy Circle honors both the late Harlan J. Swift, a former Hospice patient, and his wife, the late Margaret G. Swift, a devoted and energetic Hospice volunteer.

Many friends of Hospice who were unable to make substantial gifts during their lifetime have made major contributions through thoughtful and well-planned wills. You may provide for Hospice in your will through a residuary bequest, enabling you to leave Hospice the remainder of your estate after you have provided for your heirs. Others have used bequests to establish memorial funds in memory of a loved one.

Consider becoming a member of the Harlan & Margaret Swift Legacy Circle through any one of the following Bequest Gifts:

Gifts within Your Last Will and Testament

Leaving a Bequest to Hospice through your will and testament will ensure that your personal wishes will be carried out. Your will can be tailored to fit your personal goals and needs. Wills are relatively easy to execute and may reduce or eliminate gift and estate taxes. Proper estate planning will allow you to achieve financial protection for your loved ones, allow for a donation to Hospice and maintain control over the distribution of all your assets. A charitable bequest may be made in a variety of ways. Three of the most common types are:
 

A Specific Bequest

A Specific Bequest designates exactly what and/or how much you want to leave to Hospice. This may include cash, securities or real property. You can also designate a percentage of your estate be left to Hospice.
 

A Residual Bequest

A Residual Bequest directs to Hospice a portion of the balance of your estate after expenses and all other bequests have been paid.
 

A Contingent Bequest

A Contingent Bequest names Hospice as a contingent beneficiary of your will should your primary beneficiary not survive you.

Endowments to Hospice Buffalo

Your gift for a restricted endowment ensures Hospice and palliative care programs and activities will continue for years to come. There are several special endowment funds that provide income to support and preserve the excellent care and related services provided by Hospice. For a gift of $50,000 or more, you can create your own endowment fund that will carry the name selected by you, the donor, in perpetuity.

 

Charitable Gift Annuity

A charitable gift annuity allows you to make a gift to Hospice and still provide a stream of income for yourself and/or another beneficiary. A charitable gift annuity is a contractual agreement between you and the Hospice Foundation of WNY. The contract states that in exchange for your gift of $10,000 or more, the Foundation agrees to make fixed payments to you, and/or another beneficiary for life.

If you are under age 65, you may want to consider a deferred gift annuity. This allows you to make a gift to Hospice now, but defer annuity payments to a predetermined date in the future.

Gifts of Assets

Life Insurance

Life insurance is an asset that can be donated to Hospice Buffalo and provide you tax benefits. You can transfer ownership of your policy to Hospice and receive an income tax deduction based on the cash surrender value of the policy at the time of transfer. You can also name Hospice as the beneficiary of your policy. For such a gift, your estate will be entitled to an estate tax deduction based on the value of the proceeds paid to Hospice.

Retirement Funds

A gift of retirement plan assets can be made by naming Hospice the beneficiary of all or a portion of your retirement plan, such as an IRA, 401(k), 403(b) or other qualified retirement savings plans. This is a simple way to make sure you have enough during your lifetime but still maintain your charitable intent. When you donate retirement plan assets, your estate will be entitled to an estate tax deduction based on the value of the assets given to the Hospice Foundation.

Stock

An outright gift of appreciated securities, stock, bonds or mutual funds is a wonderful way to support Hospice and enjoy a tax deduction equal to the current market value of the donated asset, regardless of its original cost basis.

Hospice recommends that you consult with your attorney when making or amending your will. If you wish to make a provision including Hospice in your will, you may do so by asking your attorney to add the following language:

I bequeath $ ________ or ________% to the Hospice Foundation of WNY, Erie County (Federal ID # 22-3137812)

If you have already designated Hospice Buffalo in your will or trust, thank you! Please let us know so we can thank you personally and officially welcome you into the Swift Legacy Circle.

 

 

 

 

hospice-buttonNEW.png

   

  For more information about bequests or other planned giving opportunities, please contact Linda Balkin at the Hospice Foundation:

email_icon_greydark.png lbalkin@palliativecare.org

The Hospice Foundation is a qualified 501(c) (3) non-profit charitable organization, tax ID 22-3137812. All gifts are tax deductible as provided by law.

Make checks payable to:

The Hospice Foundation of WNY
P.O. Box 590
Buffalo, NY 14240-0590

phone_icon_greydark.png 716-686-8090

Fax: 716-686-8181