Charitable Bequest
A charitable bequest is one of the easiest and most flexible ways that you can leave a gift to Santa Rosa Memorial Hospital Foundation that will help advance our mission of caring for many years to come.
Benefits of a bequest
- Receive an estate tax charitable deduction
- Reduce the burden of taxes on your family
- Leave a lasting legacy to charity
How a bequest works
A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying a gift to be made to family, friends or Santa Rosa Memorial Hospital Foundation. This can be done either as part of your estate plan, or you can make a bequest using a beneficiary designation form. A gift to Santa Rosa Memorial from your estate is both easy and versatile and may help you achieve your goals and benefit the hospital in ways that may not be possible through a gift made during your lifetime. A bequest is a favored method of giving as it allows you to maintain control of your assets during your life, and ultimately benefit the hospital.
Here are some of the ways to leave a bequest to Santa Rosa Memorial Hospital Foundation
- Include a bequest to Santa Rosa Memorial Hospital Foundation in your will or revocable trust
- Designate Santa Rosa Memorial Hospital Foundation as a full, partial or contingent beneficiary of your retirement account (IRA, 401(k), 403(b) or pension)
- Name Santa Rosa Memorial Hospital Foundation as a beneficiary of your life insurance policy
A bequest may be made in several ways
- Percentage bequest - make a gift of a percentage of your estate
- Specific bequest - make a gift of a specific dollar amount or a specific asset
- Residual bequest - make a gift from the balance or residue of your estate
Contact us
If you have any questions about leaving a bequest to us, please contact us. We would be happy to assist you. If you have been so generous as to include a bequest to Santa Rosa Memorial Hospital Foundation as part of your estate plan, please take the time to let us know. We would like to recognize you and your family for your generosity and we would like to make sure that your philanthropic intent is carried out.