1. Home
  3. Kossuth
  5. Ways to Give
  7. Gift Giving

Gift Giving

The Legacy Society

You are invited to become a member of The Legacy Society, by making a gift to the Kossuth Regional Health Center Foundation that will benefit generations to come.

You can make your philanthropy last a lifetime and beyond with your planned gift from your estate. After you have planned for your loved ones, those important to you and your other favorite charities, a planned gift to the Kossuth Regional Health Center Foundation will help untold numbers of patients and family members who look to Kossuth Regional Health Center for excellence in health care.

What Exactly Is A "Planned Gift?"

It is a gift from your estate. It could be a gift in your will called a bequest, a charitable gift annuity, a paid-up life insurance policy, a charitable trust, a personal residence or farm or other personal property including appreciated stocks, an over-funded retirement fund or IRA. Depending upon the type of gift, the donor would benefit from charitable tax deductions, possible estate tax savings, and may even draw income from the gift during their lifetime.

Is Making A "Planned Gift" A Complicated Thing?

Not necessarily, but you should always consult your personal financial advisor - your attorney, tax advisor, accountant or trust officer. You want to maximize the benefits of the charitable gift planning and conform to all state and federal laws.

What Is The Most Common "Planned Gift?"

The most common "planned gift" is a bequest from your will. This is also the simplest type of gift to implement with no cash or asset given during your lifetime. There are several ways to make a bequest. This can be done as a percentage of your estate, the remainder of your estate after everyone else has been taken care of or you may set a specific bequest amount or asset. You may also designate or restrict it to support a specific program. All unrestricted gifts and bequests received by the Kossuth Regional Health Center Foundation are designated to the Endowment Fund.

If you already have your will prepared, you may add a "codicil" to your will, stating your additional charitable intent.

How Do You Become A Member Of The Legacy Society?

It's easy. Make a planned gift, with documentation demonstrating your intention, and you will become a permanent member of The Legacy Society. To learn more, contact the KRHC Foundation Director at 515-295-4582.