MMSC Foundation: Planned Giving
What Legacy Will You Leave?
Planned gifts refer to a group of gifts that may require advance planning to execute the gift. Your gift to Marshalltown Medical & Surgical Center Foundation helps support the needs of MMSC and those it serves. As you evaluate your interests, you may choose to direct your gift to an area of your interest. Additionally, many naming opportunities exist to honor or memorialize a loved one or yourself. We would love to help you leave the legacy you desire.
Types of Planned Gifts:
Gifts given through a will are the simplest way to make a planned gift. Anyone with assets can make a bequest. This presents an opportunity to give cash, securities, and/or property.
Gifts of Property
Qualified gifts of both personal and real property may be donated. A new or existing life insurance policy is one example.
Charitable Lead Trusts
This type of trust offers a way for you to support hospital programs and transfer assets to your heirs. The income stream from the trust helps meet hospital needs and, after a period of time, your heirs receive the assets.
Charitable Remainder Trusts
A charitable remainder trust specifies to whom the income from the trust is paid. The beneficiary receives income for life or for a specified number of years. At the end of the trust term, the remaining assets of the trust pass to the Foundation. Your wishes for the remaining assets are then carried out by the Foundation.
Charitable Gift Annuity
A charitable gift annuity is an annuity contract. You transfer assets to us; in return, we agree to make regular fixed payments to you for the rest of your life. The transaction is both the purchase of an annuity and a charitable contribution.
The method by which you contribute can determine the tax benefits. Since each situation is unique, we urge you to consult with your legal and financial advisors for the most comprehensive and up to date information. We would be happy to meet with you and your financial consultants to help you fulfill your wishes and arrange the legacy you desire.