You can support the important work of Froedtert Hospital through a variety of giving programs and at the same time achieve your personal goals. Some people prefer making an immediate gift, while others pledge to give over a period of time. Many of our friends use automatic transfers to make their gift. There are also ways to receive tax advantages by giving today while delaying the transfer of assets until a more convenient time. We encourage our friends to use whichever method works best for them.
Cash Gifts
Cash gifts can be currency, checks, money orders or credit cards (we accept VISA, American Express and MasterCard). We encourage checks or credit cards for your records. We discourage sending cash through the mail. No matter how the gift is received, a letter of receipt will be provided for your tax files.
Pledges
A pledge is simply a promise to give. The advantage of a pledge is you receive immediate recognition, but make payments according to your situation. Pledges may also be paid through automatic banking and, in some cases, payroll deduction.
Matching Gifts
Some companies match the donations of their employees with a corporate gift. Usually the company provides a form to give to the development officer at the time of your donation. We endorse and return the form, and the company sends us a matching contribution. For recognition purposes, we credit matching gifts to the employee unless otherwise informed.
Property
Both commercial and residential real estate can be donated. Gifts of residential real estate may, in some instances, be designed to allow you and your spouse to occupy the property during your lifetime while reaping immediate and substantial tax benefits.
Stocks and Bonds
Many people contribute appreciated assets rather than cash because they receive the same tax deduction but avoid capital gains and transfer fees. Stocks, bonds, and other such assets make excellent gifts to our foundation, especially if they have increased in value since acquired. Current market value may be used as a tax deduction without incurring capital gains.
Insurance
A gift of life insurance allows you to leverage your giving power. The face value of an insurance policy is usually greater than the actual cost. The donor receives a tax deduction for the full cash value of the policy (if the policy were cashed in, there could be tax consequences). Also, many people find they are able to make substantial gifts by giving a paid up (or nearly paid up) policy. All gifts of insurance qualify for Signature Society recognition.
Retirement Accounts
IRAs, Keoghs, 401(k)s, and 403(b)s are excellent charitable and family gifts.
No matter which method works best with your personal situation, the professionals at the Froedtert Hospital Foundation stand ready to assist you in making an appropriate and satisfying gift.