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What benefits will be derived from a gift or
memorial by me?
Your gift will help to improve the health of the people of this
community and give them not only more years but more useful years
through health care that is as modern as medical research and
development can make it. A gift from you to Osceola Community
Hospital is actually a perpetual annual contribution to the health of
future generations.
Ways of giving to the Osceola Community
Hospital. . . While most gifts to Osceola Community Hospital come in
the form of cash and pledges, we also invite you to consider these other
ways of giving.
- Bequest. . . A stipulation in a will
which specifies that money or property are left to a charitable
institution such as Osceola Community Hospital.
If you would like to remember Osceola Community Hospital in your
estate plan the following is an example of bequest language that you
can direct your attorney to include in your will:
”I, [name], of [city, state, ZIP], give,
devise and bequeath $_________ (or specific asset, % of estate or %
of the remainder of my estate after taking care of all other
provisions) to Osceola Community Hospital.
If you wish to restrict your gift to a specific project or to
endowment consider adding ‘for’ and the following to the above
statement:
a. restricted use to fund (donor’s choice of project or fund)
b. restricted use to fund the _______ Endowment within the
Foundation."
- Charitable gift annuity. . . This is
created by an irrevocable transfer of money or property to Osceola
Community Hospital in exchange for the promise to pay a fixed dollar
amount annually to one or more individuals for life.
- Charitable reminder trust. . . This is a
formal contract separately administered which takes the form of
either an annuity trust where the dollar return is fixed or a uni-trust
where the return is a fixed percentage of the trust assets.
- Gift of farm or residence with life estate.
. . A farm or personal residence may be given to OCH as outright
paid up policies, as policies with premiums paid by the donors (such
premiums are tax deductible if you itemize deductions) or as
policies which designate the Osceola Community Hospital as a partial
or sole beneficiary.
- Revocable trust. . . The trust agreement
which may be recalled by the donor during life but which becomes
irrevocable at the time of death. This may provide income for
the donor and Osceola Community Hospital. The portion assigned
to OCH is tax deductible.
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