Planned Gifts
Our lives take on a deeper meaning when we plant a tree under whose shade we do not expect to sit under.
Mercy Foundation is grateful to serve alongside a community who demonstrates humankindness® by sharing our commitment to make compassionate healthcare and wellness programs available to Douglas County children and families.
One way to care for future generations is through a planned gift.
When you give to the Mercy Foundation, you choose how your gift is used, directing it to a specific fund, project, or future use. Gifts may be made in honor of loved ones and friends.
Designated or not, your gift will help the Foundation make a tangible difference in the health of our community for many years to come. And because Mercy Foundation is a not-for-profit corporation, your gift is tax-deductible.
You can make a lasting impact on the future of health care in our community by including Mercy Foundation in your will or trust (known as a bequest). You will be joining a group of forward thinking individuals dedicated to the mission of Mercy Foundation. Here are some ways to become a part of this important effort.
Name Mercy Foundation in Your Will or Living Trust
• It’s uncomplicated. A simple change to your will or trust by your attorney is all that’s needed to make a lasting gift to Mercy.
• It’s flexible. You keep control of your assets and make a future gift while preserving what you need for your life. If life circumstances change, you can revise your will or trust.
• It supports what’s most important to you. Your gift can designate a specific area or program, or allow Mercy Foundation to use your gift for the greatest need.
Consider this Sample Language
I give to Mercy Foundation, Inc., an Oregon not-for-profit, 501(c)(3) tax-exempt corporation having a principal place of business on2700 NW Stewart Parkway, Roseburg, Oregon 97471, tax identification number 93-6088946, the sum of dollars ($ ) or ( % of my property) or (specific property), to be used for the general purposes of Mercy Foundation, Inc. (or a specific purpose)
Types of Bequests
• Specific Bequest is a specific dollar amount, or a specific piece of property. This is one of the most popular forms of bequests.
• Residuary Bequest - all or a stated percentage of an estate after distribution of specific bequests and payment of debts, taxes and expenses.
• Contingent Bequest - all or part of the estate under certain specified circumstances, such as the passing of a spouse.
Please consult with us prior to establishing your restrictions to ensure that Mercy Foundation is able to carry out your wishes.
Call 541.677.4818 • email info@mercygiving.org
Better known as an advised fund, a Mercy Partner Fund allows a donor who contributes $10,000 or more to enter into long-term, advisory relationships with Mercy Foundation. We will solicit advice on which of our projects you would like to fund. For details about some of our existing Partner Funds please click here.
Call 541.677.4818 • email info@mercygiving.org
You can use assets that you own to support Mercy Foundation today or sometime in the future. Giving other assets you own, rather than just cash, can provide you with additional tax-savings.
Gifts for Today
• Stocks, Bonds and Mutual Funds
o A gift of publicly traded securities could be right for you if you own publicly traded securities that you have owned for at least one year, especially if some of these securities provide you with little or no income.
o If you transfer shares of one or more publicly traded securities to Mercy you can deduct the full fair market value of your shares as of the date of your donation, regardless of the original purchase price. You also avoid capital gains tax on securities that you donate that have increased in value.
o Please consult with your broker for instructions.
• IRA Charitable Qualified Distribution
o If you are at least 70 ½ years of age and want to make a tax-smart gift today, you can use your IRA. For those who are 72 or older, a qualified charitable distribution counts toward satisfying the required minimum distribution from the IRA. You can give up to $100,000 in QCDs each year (a married couple could make a gift totaling $200,000 if they both make gifts of $100,000 from their IRAs).
o Contact your IRA administrator to direct an IRA qualified charitable distribution to Mercy Foundation.
• Donor Advised Funds
o There are two ways you can use your donor-advised fund. You can recommend a grant to support Mercy Foundation. Contact your fund administrator to request a distribution form or download the form from your administrator’s website.
o To continue your support after your lifetime, name Mercy Foundation as a successor of your account. Alternatively, you can designate Mercy to receive a portion of the account value. The remaining balance can be managed by your loved ones to continue your legacy of giving.
Gifts for Tomorrow
• Retirement Plan Assets
o Giving through your retirement account is one of the most tax-wise ways to give. Your retirement assets, an IRA or other retirement accounts such as a SEP IRA, 401(k), 403(b), if left to your family (other than a spouse), will be subject to income tax in addition to any applicable estate tax. If you wish to make a future gift, it is often better to leave other types of assets, such as cash, securities, real estate, to your heirs and give the more heavily taxed retirement asset to Mercy Foundation. These gifts avoid the probate process.
o Contact your retirement plan administrator for a change-of-beneficiary form. The beneficiary designation form can usually be mailed or completed online on the administrators' website.
• Life Insurance Policies
o If you’re still carrying a life insurance policy you or your family no longer needs, please consider donating it. You can transfer ownership of your paid-up insurance policy by naming Mercy Foundation as the owner and beneficiary. You’ll receive an immediate charitable income tax deduction based on the current value of the policy.
• Bank and Brokerage Accounts
o In addition to the assets mentioned here you can use other accounts you own to benefit the Mercy without changing your current finances. Contact your financial institution for a change-of-beneficiary form. The beneficiary designation form can usually be mailed or completed online on the institution’s website. Like retirement accounts, these also avoid the probate process and is an easy gift to make.
• Real Estate
o You may deed your home, vacation house or other property to Mercy Foundation and still be able to live in or enjoy the property for the rest of your life. You’ll receive an immediate income tax deduction for the charitable portion of the gift and avoid capital gains tax. An irrevocable gift of your home will be removed from any estate tax. This allows you to make a greater gift than you might have thought possible and receive immediate tax benefits without changing your living situation.
Call 541.677.4818 • email info@mercygiving.org
We are available to discuss your wishes, priorities, and ways you can give. You can also begin by downloading our Estate Planning Guide.
