Gifts of all sizes and types are important to help the Redwood Area Hospital Foundation achieve our goals. Whether you are a happy patient or making financial plans for your future, we thank you for remembering Redwood Area Hospital Foundation.
Gifts may be given to the Foundation in memory of, or to honor a family member or friend. Grateful patients may also choose to give a gift honoring the healthcare team that cared for them during their stay.
Gifts of Cash
An easy way to make a gift is through cash, check or credit card. Your gift may be “undesignated” or “designated for a specific department or project,” and is tax deductible.
Donations can be made by credit card through GiveMN.org. Click HERE to be redirected to the foundation’s GiveMN page.
Check with your employer to see if they offer a matching gift when you make a charitable donation. You may be able to double your gift to the Foundation.
Long Term Securities
While cash is the most popular form of charitable gift, gifts of stocks or bonds can be attractive because of the tax benefits they may bring.
If you own securities that have appreciated in value over time, you may owe a substantial capital gains tax if you sell them. But, if you use such assets to fund a charitable gift, you may completely avoid the capital gains tax while enjoying a federal income tax deduction for the full value of the securities. You also may be able to make larger gifts than you thought possible.
A charitable planned gift is an easy way to leave a legacy of caring for generations to come. It allows you to reduce or eliminate gift, estate, capital gains and income taxes on the funds you give for the charitable purposes. You may give a gift through your will, life income plans, beneficiary designation, insurance, property and/or trusts.
Through the gift of an endowment, you may make a gift and restrict the use to earnings of the initial principal, allowing your gift to continue to grow and give into the future.
Gifts of every size are very important to us and much appreciated. Please contact Karen Melges, foundation director, for more information at 507-637-4668 or firstname.lastname@example.org.