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.