The Soaring to New Heights Campaign will provide the philanthropic support required to create a new Pediatric Inpatient Center for children and families at Lancaster General Hospital. In addition to outright gifts of cash, there are a variety of ways to provide a generous pledge to our capital campaign. We invite you to support the campaign in any of the following ways, or through a combination of multiple ways of giving. Contributions are tax deductible.
Donors may choose to make their campaign gifts payable over a period of up to five years with the completion of a written pledge form.
Gift of Securities
Supporters may own stocks, bonds, or mutual funds that have appreciated beyond their original cost and may consider making their campaign gift with these appreciated securities. Often, such a gift represents a tax efficient way to support the causes you care about.
IRA Charitable Rollover
Donors age 70½ years or older may consider making a direct transfer from their IRA accounts to the LG Health Foundation. The basic details and restrictions to take advantage of this opportunity to support this campaign are as follows:
- You must be 70½ or older when you make your gift, and the gift must be made from an IRA – no other retirement plans (such as 401k, 403b or SEP accounts) qualify.
- Your gift must be outright – it cannot be used to establish a life-income arrangement or support a donor-advised fund.
- Although the distribution will be free from income tax, it will not generate an income tax charitable deduction.
- This giving option may be of particular benefit for those who do not itemize deductions.
In addition to current gifts that will support the campaign, planned estate gifts are very important to the future of pediatric care. There are a number of options for creating a planned gift either currently or through your estate, including charitable gift annuities, charitable remainder trusts, outright bequests, and gifts of life insurance. In many instances, these gifts may be counted toward the $9 million campaign goal and may help qualify you for special named gift opportunities at the new campus. Planned gifts may also be used to augment your current gift to the campaign.
Under certain circumstances, the LG Health Foundation may accept gifts of real estate or other property.
For further information about any of these ways to give or to learn about named gift opportunities, please contact Kate Mullen, Senior Development Officer, Lancaster General Health Foundation by phone at 717-544-0073 or by email at email@example.com.