Charitable Gifts to Valley Baptist
Tax Savings
Careful planning today can result in a nice gift from Uncle Sam when tax time rolls around! In addition to saved taxes, you gain the personal satisfaction of knowing that you are benefiting a cause in which you believe. The charitable deduction is one of the few deductions remaining for active income tax planning purposes. Some of the other deductions such as those for home mortgage interest do not require active planning. The charitable deduction allows you the option of lowering your taxes through gifts you make before year-end. There are a variety of methods that can be used to plan your giving. Not only will these methods help you save taxes, but they will also help you achieve your philanthropic goals.
Types of Gifts
Gifts of Cash
Gifts of Securities
Gifts of Real Estate
Gifts of Life Insurance
Life Income Gifts
Unitrusts
Gift Annuities
Bequests
DISCLAIMER OF RESPONSIBILITY
Gifts of all types and sizes are helpful in Valley Baptist Medical Center¹s ongoing quest for excellence in health care. While it is our purpose to give accurate information of a general nature, we encourage you to check with your accountant, tax attorney, or other professional advisor for information on how your specific situation relates to the law.