Outright Gifts: These are gifts of cash, stocks and securities, real estate and/or tangible personal property.

Charitable Gift Annuity: Guarantees income for life at a secure and fixed rate of return with immediate and future tax benefits.

Will/Bequests: This legal document dictates how to distribute your property after your death. Without it, the law of your state determines your estate’s outcome.

Living Trust: You control the distribution of your estate (property and assets) that is transferred into the trust. If you are the trustee, a successor trustee is named to distribute the assets upon your death.

Charitable Trust Agreements: These legal agreements designate a trustee to administer the transfer of cash and securities from a person(s) for their benefit prior to, and in some cases, after their death. Trust agreements can provide income to you and your loved ones for the rest of your life and help plan for the future. Types of charitable trust agreements include: Charitable Remainder Trust, Charitable Remainder Annuity Trust, Charitable Remainder UniTrust, and Charitable Lead Trust.

Retained Life Estate: A retained life estate is a gift plan defined by federal tax law that allows you to donate your home, ranch, or any other real estate property to a charitable organization, while retaining the right to live in it for the rest of your life.

Bargain Sale: A bargain sale is an attractive option for individuals who would like to make a gift of property to Mercy Foundation/Mercy Medical Center, but who also need income from the property and an offsetting income tax deduction.

Partner Fund: Better known as an advised fund, a Mercy Partner Fund allows a donor who contributes $10,000 or more to enter long-term, advisory relationships with Mercy Foundation. We will solicit advice on which of our projects you would like to fund.

Pooled Income Fund: This is a special fund that can be contributed to by any number of donors with the understanding that each donor will receive income from the fund during the rest of their lives (or for the lives of the persons they designate to receive the income). When each donor (or their designee) dies, the value of those shares becomes the property of Mercy Foundation for its charitable purposes.

Gifts of Life Insurance: As premium payments are made to your insurance company, they can be deductible by you for federal income tax purposes if Mercy Foundation is both the irrevocable owner and beneficiary of the policy. Premium payments may have a potential federal income tax deduction of up to 50% of your adjusted gross income with a 5-year carry forward of any excess. Favorable gift and estate tax consequences may also result from such a gift.

Contact Us
E-mail us or call (541) 677-4818 and learn more about how you can become a member of the Mercy Legacy Society.