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Foundation
Ways to Give
You can make a difference! Whether you're an individual, business,
organization or family, your gifts of time and money make a significant
difference. Your philanthropic gifts are directed toward the development,
advancement and preservation of a variety of health care programs.
Designating a Gift
When you make a gift to the FAMC Foundation,
you have the opportunity to designate your gift to the program of your choice. Your
gift supports the purchase of equipment, the improvement of technology, or the
endowment. For assistance in determining which area you would like to
benefit, feel free to call Kristen Lee @ 1-605-598-6262, Ext. 1041. Or
E-mail kristen.lee@faulktonmedical.org
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Memorials & Celebration Gifts
If you'd like to make a memorial or celebration gift please include the name of
the person(s) the gift is in memory or honor of and a name and address if
there's someone you would like notified of the gift (the amount of the gift will
remain confidential).
Gifts of Cash
Gifts of cash make an immediate impact on programs and services.
Gifts of Appreciated Assets
Gifts of appreciated assets often offer valuable tax advantages. You may receive
a charitable income tax deduction for the full value of the gift. You may also
save on capital gains and state taxes.
Planned Giving
Through planned giving, you can make provisions for FAMC to receive a gift at
some time in the future, usually after your death. There are a variety of
planned giving options that provide significant tax advantages, both to you and
your heirs.
Specific Bequests
Specific bequests made through a will direct a designated amount or specific
estate assets to FAMC.
Residual Bequests
Residual bequests made through a will consist of all or part of the estate that
is left after specific bequests are honored.
Contingent Bequests
Contingent bequests made through a will designate assets to FAMC in the event
of a death of another beneficiary.
Trust Remainder Bequests
Trust remainder bequests are created by a will or lifetime trust agreement that provides an income stream to
a loved one and consist of all or part of the remaining
trust principal after the death of the beneficiary.
Charitable Remainder Trusts
A charitable remainder trust is a separately invested trust created by a gift of cash or appreciated
property. The
trust pays the donor or designated beneficiaries an income stream for life or a
specified period of time. At the termination of the trust, the assets are
transferred to FAMC Foundation.
Charitable Lead Trusts
The charitable lead trust FAMC over a period of years. When the trust
expires, the remainder is distributed to the donor or other beneficiaries.
Charitable Gift Annuities
Personal annuity funds are established between a donor or donors and FAMC
Foundation. The donor uses a gift of cash or appreciated property (such as
stock) to fund the annuity. The annuity pays the donor or designated beneficiary
income for life. At the end of the designated time the balance in the annuity is
transferred to the FAMC Foundation.
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