Ways to Give
As the Columbus Regional Health Foundation is a 501c3 not for profit public charity, gifts are tax deductible as allowed by law. All gifts may be made outright or pledged over a period of up to five years.
If you wish to designate a gift as to its purpose (i.e., for a nursing scholarship) or restrict it for specific area (i.e., The Children’s Hospital), you may do so at the time you make the gift by enclosing a note with the gift indicating your intent. You may also provide an unrestricted gift–to be used where the need is greatest. All gifts are stewarded by approved gift policies and the Foundation’s board of directors.
There are innumerable ways to make a charitable contribution to support the work and mission at Columbus Regional Health. The following lists just a few of the more convenient opportunities.
Areas of Support- Fund Descriptions
Click here for a description of funds.
Cash, Check or Credit Card:
- A gift by check is the most common and convenient way to give to the Columbus Regional Health Foundation. Outright gifts of cash may be made directly to the Foundation by either cash, check or credit card.
- A cash gift may be brought directly to the Foundation office, and a cash receipt will be issued.
- Checks may be mailed or personally delivered and made payable to the Columbus Regional Health Foundation.
- The Foundation accepts Visa, MasterCard or American Express credit cards.
Gifts of Stock (Appreciated Assets):
A gift of appreciated securities such as stocks, mutual funds, and bonds - that have been held for one year and a day, can provide attractive benefits for philanthropy. An outright gift of long-term appreciated assets may avoid capital gains taxes and, in most cases, the donor obtains a charitable income tax deduction equal to the market value of the securities.
The Foundation has a simple process for making a gift through stocks and appreciated assets. Please call the Foundation Office at 706-660-6115 for more information.
Gifts of Life Insurance:
Life Insurance policies make a wonderful gift when a policy is no longer needed, the financial significance of the policy has changed, or you do not wish to continue premium payments and the Foundation may assume the ownership and beneficiary of the policy. In any of these circumstances, a gift of life insurance may provide an opportunity to make a larger gift that would otherwise not have been possible and in some instances provide a naming opportunity within Columbus Regional Health. Donors that have named the Foundation as owner and/or beneficiary of a life insurance policy may be recognized within the Foundation’s “legacy giving society.”
Gifts of Real Estate: Depending on the circumstances involved, gifts of real estate can be an effective means of planning a gift. While the first thought often is a home or farm, real estate also can involve a vacation or second home, an apartment or commercial building, a shopping center, or undeveloped land. Gifts of real estate can enable donors to make significant contributions. Each piece of property and its unique circumstances need to be reviewed to determine the suitability of the property as a gift. Generally speaking, a rule of thumb is that an acceptable piece of property is one that can be readily sold.
In addition to making a significant contribution, there can be other benefits for you:
- There may be a charitable income tax deduction that would lower your income tax.
- If your property has appreciated in value since you acquired it, there might be a large capital gain tax that would result if you sold it. By donating the property, you may be able to avoid realizing the capital gains.
- Depending on your state regulations, you may be able to turn the property into a gift that is structured to provide income for you and a beneficiary.
- If the property is your home or farm, you may be able to make a gift of it now and continue to live in it for the rest of your life and receive tax benefits the year of the gift.
- If the contribution from your property exceeds the allowable charitable deduction limits, the deduction may be carried forward for five years.
A tribute gift made in one’s name is always a meaningful way to mark a special occasion or honor a beloved family member or friend. A donation made in honor or memory of someone or a special occasion may be restricted to a particular area of the health system, like Northside Medical Center, John B. Amos Cancer Center or The Children’s Hospital. When you make a tribute gift to Columbus Regional Health, we’ll send your honoree or their family a note acknowledging your generosity.
Gifts Through a Will or Estate Plan: Deciding how to divide your assets or your life's work among family, friends and charity is a matter of the heart and are the ultimate thoughtful gift to an organization, like Columbus Regional Health. Bequests may be made as a specific dollar amount or item of personal property; a specific percentage of estate assets; a specific percentage of the residual of an estate after other bequests have been made; or, a contingent bequest of a set amount or a percentage should the original beneficiary conditions fail to materialize.
Gifts Through a Beneficiary Designation: Individuals hold assets in many ways and beneficiary designations of life insurance or retirement plans offer an easy vehicle for supporting the Foundation. IRA, Keogh, 401k or 403b accounts among other retirement plans each have beneficiary designation change forms available at no cost to the donor. Simply complete the form stating the Columbus Regional Health Foundation as a beneficiary (primary, contingent or percentage.)
Life Income Arrangements: Life income arrangements allow donors to give and also receive payments for life. These “planned” gifts can benefit all the people and organizations that are important to a person including a spouse, their children and Columbus Regional Health. For more information on how you can establish a life income gift, please consult your financial advisor. The following are just a few of the more popular measures:
- A Charitable Gift Annuity is a contract between the donor and the Foundation which provides fixed guaranteed lifetime payments to the donor and/or another beneficiary in an amount greater than most certificates or deposit.
- Charitable Remainder Trusts are arrangements which pay a fixed or variable income to the donor and/or other beneficiaries. A trust may be managed by the Foundation or a bank, trust or investment company chosen by the donor.
- Charitable Lead Trusts are used by individuals when they wish to support a charity with payments over a specified period of time but have the principal of the trust revert back to the donor or to the donor's family.