Make a Difference Today
A gift to the Hendricks Regional Health Foundation provides continued support for our community during moments when they need it most.
Donate NowHow Donating Helps
Every contribution, regardless of size, makes a meaningful difference in the lives and health of those around us. By supporting the Hendricks Regional Health Foundation, you become a partner in our mission to provide exceptional health and healthcare services and enhance the well-being of our community in west central Indiana. Even a modest donation can have a substantial impact, directly benefiting our neighbors, friends, and loved ones.
Your generosity translates into tangible results, such as funding medical equipment and ensuring crucial healthcare services continue to meet our neighbors. When you contribute to the Hendricks Regional Health Foundation, you play a vital role in shaping the future of healthcare in our region and making a positive difference in the lives of countless individuals.
Ways to Give
Cash donations are often made through personal checks or credit cards. These gifts can be directed to a specific area, program, or used where the need is greatest.
You can designate your tax-deductible financial gift to a clinical area or department that holds special significance for your family, such as the Cancer, Cardiology or Pediatric Unit. Contributions can also be directed to a specific program or capital project.
Honor a family member, friend, or caregiver who made a meaningful difference in your life. Those honored will receive notification of your thoughtfulness.
Stocks and bonds held for 18 months or longer may be transferred to the Foundation, potentially allowing donors to avoid capital gains tax that would otherwise be incurred upon sale.
Many corporations encourage charitable giving by matching personal donations with equal or greater corporate contributions. Matching gift forms are often available from an employer's human resources department.
Building assets over a lifetime is a common goal, but protecting those assets and loved ones is equally important. Many have found a way to insure their values by leaving a legacy of hope, health, and support that extends beyond their own lives.
Gifts from your estate result from careful consideration of charitable values, financial objectives, tax planning, and estate planning. Estate gifts provide an opportunity to maximize benefits for both the donor and Hendricks Regional Health Foundation.
Benefits of including a charity in your estate plans include:
Personal satisfaction, joy, and pleasure of supporting Hendricks Regional Health and leaving a legacy honoring your values and character
Income tax savings
Estate tax savings
Increased life income
Tax-sheltered income
Supplemental retirement income
Estate gifts can take various forms, such as outright current gifts of cash, stock, business interests, real estate, personal property, or equipment. You can also leave a legacy through a bequest in a will or by naming Hendricks Regional Health Foundation as a beneficiary in a life insurance policy, IRA, or other retirement plan.
The professional staff and advisors at Hendricks Regional Health Foundation can assist donors in identifying giving strategies that fulfill their personal, business, and long-term charitable goals. We are happy to work with you and your financial and legal advisors without cost or obligation.
Retirement plans are among the most heavily taxed parts of an estate when passed along to family members (excluding a spouse). They may be subject to as much as a 70% tax, greatly reducing the amount available for loved ones. Often, other assets are better left for heirs, and retirement assets for charity.
Individuals may designate a percentage of one or more retirement plan assets to our Foundation. This designation is revocable and can be changed if desired and can also include a designation to family members. This type of deferred gift is simple to make by completing a change of beneficiary form with the company holding the plan.
For those with IRA accounts, the government has extended the IRA Rollover Provision, which exempts from taxable income any funds transferred ("rolled over") from an IRA to a charitable organization, subject to the following limitations:
Donor must be age 70.5 or older
Cap on annual IRA rollovers is $100,000
Contribution must be a direct gift to charity
Please consult your personal financial advisor for additional information about this special limited-time opportunity, which is particularly attractive for individuals with IRA assets they don't foresee needing.
Requesting donations instead of gifts at your next family celebration is a wonderful way to honor a loved one's birthday, anniversary, or special accomplishment.
Certain real estate and personal property may be transferred to the Foundation. The current income tax deduction is based upon the item's fair market value. Grain donations may be made and often reduce taxable income for cash basis farmers.
You can make an impact on the health of our community for generations to come without affecting your current financial situation. A charitable gift to Hendricks Regional Health Foundation through your will or a legal revision to it can reduce your estate taxes. The bequest wording may specify a dollar amount for the gift or a percentage of your estate.
You may transfer ownership of a policy you no longer need for your family, naming Hendricks Regional Health Foundation as the owner and beneficiary. Transferring ownership may result in an income tax deduction for the donor. Naming the Foundation as a beneficiary can provide relief from estate taxes for your family but does not result in a tax deduction. This is a gift that can be made with no out-of-pocket cost to the donor. A gift of life insurance is a way to make a significant contribution at a relatively low cost.
Cash or certain assets can be transferred to a trust or gift annuity in return for a lifetime income. After the lifetime of the donor, the trust or annuity proceeds are payable to the Foundation.
Every dollar raised ensures the Foundation can continue to support a wide array of initiatives aimed at enhancing community health, improving patient comfort, ensuring safety, and elevating the quality of medical care at Hendricks Regional Health.