Fletcher Allen, a Vermont university hospital and medical center, serves all of
Vermont and the northern New York region. Located in Burlington, Fletcher Allen is a regional, academic healthcare center and teaching hospital in alliance with the University of Vermont.
Planned Gifts
Planned gifts and bequests help ensure the future of Fletcher Allen, create a legacy which improves the lives of generations to come—and they can work financial wonders for you and your loved ones.
Planned Giving is a strategy to maximize your philanthropic goals. Through careful planning and the use of alternative ways of giving, you can enjoy significant tax savings, turn appreciated assets into a secure income stream, provide for loved ones, and make a larger gift to the Fletcher Allen Foundation than you ever thought possible.
Your Planned Giving Options
Note: The information below is simplified and provided as a resource. Consult a tax adviser and/or estate planner to determine how these taxwise forms of giving can work best within the context of your philanthropic priorities.
Bequests
Your Goal: Defer a gift until after your life time; Reduce taxable estate at death.
How to Make the Gift: Name us in your will or living trust by designating a specific amount, percentage or share of the estate.
Benefits: Donation exempt from state and federal estate tax and you retain control of your assets for your lifetime
To see an example of language, click here.
Outright Gift of Cash
Your Goal: Make a quick and easy gift and generate a current charitable deduction
How to Make the Gift: Simply write a check or make a cash donation
Benefits: Immediate income tax deduction; Removes property from estate
Learn more about the Outright Gift of Cash, click here.
Outright Gift of Securities
Your Goal: Avoid tax on capital gains and generate a current charitable deduction
How to Make the Gift: Contribute long-term appreciated stock or other securities.
Benefits: Immediate charitable deduction; Avoid capital gains tax
Learn more about the Outright Gift of Securites, click here.
Gift of Retirement Assets
Your Goal: Avoid twofold taxation on IRAs or other employee benefit plans
How to Make the Gift: Name us as the beneficiary of the remainder of the assets after your lifetime
Benefits: Allows you to make the gift from the most highly taxed assets, leaving better assets for family
Learn more about the Gift of Retirement Assets, click here.
Gift of Life Insurance
Your Goal: Make a large gift with little or no cost to you; Reduce taxable estate at death
How to Make the Gift: Change ownership on a life insurance policy that you no longer need
Benefits: Current income tax deduction; Possible future deductions through gifts to pay policy premiums/Reduces taxable estate
Learn more about the Gift of Life Insurance, click here.
Retained Life Estate
Your Goal: Give your personal residence now, but continue to live there; Reduces taxable estate at death
How to Make the Gift: Designate ownership of your home to us, but retain occupancy
Benefits: Valuable charitable income tax deduction/Lifetime use of residence; Reduces taxable estate
Gift of Real Estate
Your Goal: Make a gift of property no longer needed and generate an income tax deduction; Reduces taxable estate at death
How to Make the Gift: Donate the property to us
Benefits: Immediate income tax deduction/Reduction or elimination of capital gains tax; Reduces taxable estate at death
Learn more about the Gift of Real Estate, click here.
Charitable Remainder Trust
Your Goal: Secure a fixed stream of income, or create a hedge against inflation. Give assets now while retaining a stream of income, generate a charitable deduction
How to Make the Gift: Create a trust that pays income annually; principal is retained for charitable organization.
Benefits: Variable or fixed income for life; Immediate income tax charitable deduction; Reduces taxable estate
Learn more about the Charitable Remainder Trust, click here.
Charitable Lead Trust
Your Goal: Reduce gift and estate taxes on assets you pass to children or grand-children
How to Make the Gift: Create a charitable trust that stays fixed and variable income to us for a specific term in years; principal is retained for heirs.
Benefits: Reduces your taxable estate; Property kept by your family, often with reduced gift taxes
Learn more about the Charitable Lead Trust, click here.
Charitable Gift Annuity
Your Goal: Give assets now and supplement income with steady payments that are partially tax free.
How to Make the Gift: Establish a charitable gift annuity contract with us that pays a set amount for life
Benefits: Current and future savings on income taxes; Fixed payments for life for one or two individuals
Learn more about the Charitable Gift Annuity, click here.
