Ways to Give
Basic ways to make your gift to The Backus Foundation
Outright Gifts - While the most common type of outright gift is cash, other forms of outright gifts, which might provide additional tax advantages, should be considered. Examples are:
- Appreciated Securities
- Closely held stock
- Paid-up life insurance policies
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YES! I want to help advance the cause of a healthier community! Please choose one of two ways to give: |
Planned Gifts - are those in which the donor retains an interest, and the charitable gift to Backus Foundation, Inc. is deferred to some future time. These gifts may provide current income tax and or/estate tax advantages to the donor, as well as a source of income. Examples are:
- Bequests
- Naming Backus as beneficiary of a retirement/pension account
- Charitable Gift Annuities
- Charitable Remainder Trusts
Endowed Funds - Perpetuate your annual gift, or support a specific Backus Hospital program through an Endowed Fund. Endowed funds give long lasting support to Backus in that the initial gift is held in perpetuity while the interest from the investment of the funds goes to support the Hospitals greatest needs. There are minimum requirements to establish an endowed fund, please contact the Backus Foundation for more information.
Memorial and Tribute Program - Provides a thoughtful and meaningful way to:
- Remember and Honor loved ones
- Mark an important occasion
- Recognize a compassionate caregiver
We can help you meet your charitable goals, contact us at (860) 823-6325.