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 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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.