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Planned GivingYou want your gift to make a difference, but are concerned about your own future financial needs and those of your family. Planned Giving provides a way to support the hospital right now without sacrificing your ability to meet current and future financial obligations. Planned gifts fall into three general categories: 1. Outright Gifts—The Foundation has immediate use of donated assets, such as securities, tangible personal property, and some real estate. 2. Bequests—The donor uses or controls the asset during his or her lifetime and the Foundation receives the asset at the donor’s passing. 3. Life Income Gifts—The donor makes a gift today and receives a stream of income for life. Upon the donor’s passing, the Foundation has use of the remainder of the gift. Planned giving is attractive to donors for many reasons. With a planned gift, donors can often give larger gifts than they thought possible and can:
The benefits of planned giving provide the charity-minded donor with reasons to act sooner rather than later. For more information, please contact Scott Palmer, executive director, Owatonna Hospital Foundation at 507-444-6085. We look forward to assisting you with your gift planning needs.
Your Gift Truly Matters
A common misperception is that you must be wealthy to make a planned gift. In reality, donors of modest means are often able to make planned gifts that benefit both them and the hospital. All donations, no matter the size, support Owatonna Hospital’s commitment to making our community a healthier place to live.
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Scott Palmer, executive director
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