Frequently Asked Questions
- Can I create income with my gift?
Yes! Wentworth-Douglass Hospital Foundation has many plans for gifts that pay you income. You can also provide income for a child, a grandchild, a parent, or a friend. That income can increase cash flow now and/or during retirement, pay for a college education, provide income for aging parents, or perhaps assist a loved one with special needs. You can also provide income to our organization by using a Charitable Lead Trust.
- I am unable to make a current gift, but I'd still like to support Wentworth Douglass Hospital in the future. What are my options?
An easy and low-cost way to make a gift to Wentworth-Douglass Hospital Foundation is to include us in your will or revocable trust. Gifts by Will are a major source of unrestricted support. Each individual legacy contributes to our financial strength and ability to meet the needs of our patients and their families. If you have not already done so, please consider putting Wentworth-Douglass Hospital Foundation in your will or revocable trust. See our Bequest Language page for samples of how to do this. You can also designate our organization the beneficiary of Life Insurance, annuities, or Retirement-Plan Benefits.
- What asset should I use to make my gift?
While cash or a check is a simple way to make a gift, you might want to consider the following:
Gift Type
|
Possible Benefits |
Cash |
- Current income-tax deduction
|
Appreciated securities, such as stocks, bonds, or mutual funds
|
- Elimination or reduction of capital-gain tax
- Current income-tax deduction
- Generate income
|
Transfer of residential, commercial, or undeveloped real estate |
- Elimination or reduction of capital-gain tax
- Income- and estate-tax savings
- Generate income
- Relief from management
|
Donate an interest in closely held or family business stock |
- Reduce the cost of passing the business to heirs
- Income- and estate-tax savings
- Generate income
|
Give us tangible personal property like art, books, or collectibles |
- An income-tax charitable deduction
|
Make our organization the owner and beneficiary of life insurance or annuities |
- Income- and estate-tax savings
|
Please talk to your tax, financial, or legal advisor to make decisions best for your own situation.
- Can I direct how Wentworth-Douglass Hospital Foundation will use my gift?
Most often the answer to this is “yes”!! Many donors direct that their gifts be used to fund programs, support specific departments, or remember a loved one. Please be sure to discuss your wishes with us.
- How will my gift be recognized?
The first step is to notify us with our gift intention form. Your gift will be listed in our Foundation Annual Report in the year you make the gift. If your gift is a bequest commitment or through life insurance, life-income plans or lead trusts, you will become a permanent member of the 1906 Heritage Society. Of course, we will also honor any requests for gifts to be anonymous.
- Why should I consider a gift to Wentworth-Douglass Hospital Foundation?
Philanthropic giving is a highly personal decision. Every gift makes an impact. Make a gift to Wentworth-Douglass to:
- Ensure the lasting presence of high-quality care in the greater Seacoast NH community.
- Express gratitude to a caregiver or honor the memory of a cherished family member.
- Inspire and encourage other philanthropic gifts to Wentworth-Douglass Hospital.
Please contact Susan Chase, CFRE, Development Officer - Leadership Gifts, for more information:
Susan.Chase@wdhospital.org
603-740-2581
*Wentworth-Douglass Hospital Foundation does not provide tax, financial, or legal advice to donors. Please talk to your tax, financial, or legal advisor to make decisions best for your own situation.
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