Our team will work with you to realize your vision, and we are available to help you with answers to the questions you may have.   There are many options available to you.

For all gift inquiries:
Jennifer Motsenbocker, Development Officer
Northern Arizona Healthcare Foundation
Mail to: jennifer.motsenbocker@nahealth.com
(928) 773-2426

Honor Someone Special

If you would like to make a donation in the name of an individual, we will send a special message to the person or family of the person being honored. In addition to honoring someone special, you can celebrate a special occasion with a gift designated to a specific program or fund.

Appreciated Stock, Securities or Property

If you have property, stocks, bonds, certificates of deposit, or other investment tools that have increased in value since you purchased them, consider making a gift of these items instead of cash. This is a great way to make a significant gift with little or no effect on your current income. In many cases, you can deduct the full, current value of the asset and not simply what you initially paid for it. To transfer gifts of securities or property, call our Flagstaff office: 928-773-2093 or Cottonwood office: 928-639-6100. We'll work with you to develop a clear plan for your property gift, including an appraisal and sale method.

Matching Gifts

Many companies match an employee's gifts to nonprofit organizations. Contact Human Resources at your place of employment to see if your organization participates in a matching gift program.

Corporate or Foundation Gifts

Your company or private foundation can invest in one of our programs or sponsor a special fundraising event. We also offer opportunities for sponsorships and naming recognition options.

Planned Giving

Through planned giving, you can establish your personal financial goals in a well-conceived estate plan that includes a gift to a charitable institution like Flagstaff Medical Center or Verde Valley Medical Center. Because financial situations vary from person to person, no single approach to estate planning applies across the board.  Generally speaking, a planned gift can:

  • Create an estate that provides current and future financial security
  • Protect as much income from federal taxes as is allowed by law
  • Maximize the amount of assets that pass to heirs and beneficiaries
  • Provide continued support to charities that have been important throughout a person's life.

Wills

Regardless of your age or net worth, making or updating a will is one of the smartest steps you can take to plan for your family's future. There are at least six important provisions you should consider in planning a will:

  • Distributions – you determine who receives your assets after you die.
  • Dependents – you can construct the provisions to provide for minors and/or elderly relatives.
  • Personal representative – you can determine who will manage your estate after your death.
  • Charitable gifts – with a charitable trust you can transfer assets to support the work of a favorite charity.
  • Memorials – you can pay special tribute to a loved one by perpetuating his or her personal dedication to a particular charity.

Charitable Trusts

In a charitable trust, you can transfer appreciated real estate or stocks to a tax-exempt trust. The trust can sell the assets at full-market value and receive the reinvested proceeds. You, your spouse or anyone you designate can receive an income for the rest of his or her life, along with significant tax advantages. Upon the death of the beneficiary, assets pass to the nonprofit organization.

There are two types of charitable trusts: a charitable remainder annuity trust and a charitable remainder unitrust. The two trusts differ in how income to the donor is calculated. An annuity trust provides the security of a fixed annual payment; a unitrust provides a variable income payment based on an annual valuation of the trust's underlying assets. With a well-managed unitrust, your assets can build quickly because they grow tax-free, leading to higher income and a good hedge against inflation as the value of the trust rises. In certain cases, it's possible to fund a charitable remainder trust using property that's encumbered by a mortgage. Through careful planning with qualified advisors, we can help you address the special issues in these situations in a satisfactory manner.

Gift Annuities

A charitable gift annuity is a contract between you and a charitable institution. You can transfer cash or other assets, such as securities, bonds or mutual funds, to an institution. In exchange, you would receive regular payments of a guaranteed amount throughout your life.

The payment amount is determined by your age when the annuity is initially funded. The older the donor, the higher the rate, and vice versa. Current rates begin at 6.7% for an annuitant at age 55, and reach a limit of 12% for someone 90 years of age or older. Once the payment is determined, it remains fixed for your lifetime. This makes gift annuities ideal for those who like the security of knowing what their monthly income will be for the rest of their lives. You would also receive an income tax deduction in the year the gift is made, and the portion of each monthly payment that represents the principal would be tax-free.

If you prefer to make a gift now, but receive income at a future point when you're in a lower tax bracket, you can set up a deferred gift annuity. This type of annuity allows you to take an immediate tax deduction for the gift and specify a future date for payments to begin.

You can also provide lifetime payments for a spouse or loved one by setting up a gift annuity in a will. The annuity becomes effective upon the donor's death and fixed payments begin immediately.

Pooled Income Funds

A pooled income fund is a special trust fund that accepts irrevocable gifts from different donors and co-mingles the funds for investment purposes.

Life Insurance

A gift of life insurance is an overlooked, yet beneficial way to make a meaningful contribution. You can choose one of the following options:

  1. Name either the Northern Arizona Healthcare Foundation as the owner of a policy that's outlived its original purpose, such as providing for a college education or insuring a business or mortgage
  2. Purchase a new policy and name the Northern Arizona Healthcare Foundation as the owner and beneficiary – all premiums you pay are deductible as cash contribution
  3. Name the Northern Arizona Healthcare Foundation as a beneficiary on one of your existing policies.

Retirement Assets

For many people, income taxes and estate taxes can severely deplete their retirement savings accounts after their passing. By naming the Northern Arizona Healthcare Foundation as the beneficiary of the remainder of your assets in an IRA or other employee benefit plan, you can avoid this tax burden while making a generous gift. This gift needs to be considered within your overall estate plan and the wishes you have for your heirs.

Retained Life Estate

You can make a significant gift to the Northern Arizona Healthcare Foundation using your home, vacation condominium or farm. However, if you want to continue to live on the property, a retained life estate will provide you with a significant income tax deduction.

Questions about which giving option is right for you? Contact Jennifer Motsenbocker, Development Officer, at (928) 773-2426.

 

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