Bequests & Estate Gifts
With a bequest to the RUHS Foundation, you combine your charitable commitment to the health care of the community with your overall financial, tax and estate planning goals.
If you plan to make a charitable gift by bequest, meet with your financial advisor to discuss and update your will or trust. Please let us know of your intent. We would very much like to assist you in meeting this goal and recognize your generosity!
There are several ways to make a bequest to the RUHS Foundation:
- Specific Bequest – This is a gift of a specific dollar amount or item such as securities to a specific beneficiary.
- Residuary Bequest – This is a gift of a percentage of your estate after all other bequests, debts and taxes have been paid.
- Contingent Bequest – This is a bequest made on condition that a certain event must occur before distribution to the beneficiary. For example, if another beneficiary does not survive you or is unable to inherit, then that portion of your estate will be paid to the RUHS Foundation.
- Endowment Bequest – An Endowment Bequest allows you to restrict the principal of your gift. The RUHS Foundation would be required to hold the funds permanently and use only the investment income they generate.
Gifts of Securities
You receive a significant tax advantage by making a gift of appreciated securities to the RUHS Foundation. In most cases, the full market value of securities on the date of transfer is deductible, while the capital gains are eliminated.
Do not sell the stock first or you will lose the tax benefits. A direct electronic transfer is quick, easy, and can be handled by our broker. For additional information, please contact Nicole Orr at 951-486-7620 or firstname.lastname@example.org