Creating Tomorrow: Planned Giving

Jack and Mary Lou Swantz, whose generosity
led them to purchase a life insurance policy with Memorial
named as the beneficiary.

Every day, we're sure you read about, hear about, and feel the strain of a down economy. Just getting through this time is probably foremost in your mind, without even a second thought of charitable giving.

Nonprofits, including Memorial Hospital of South Bend and Memorial Children's Hospital, are feeling the same strain. Tools do exist to create a win-win for someone who is philanthropically minded and the nonprofits she wants to support. Many of these tools come under the umbrella of Planned Giving.

Perfect for these times, we believe we have some options that can help you, while at the same time helping the doctors, nurses, patients and families at Memorial Hospital and Memorial Children's Hospital.

We want you to know about the financial tools you can use to plan your gift to us so that it can return benefits to you:

  • You can make a gift that costs you nothing during your lifetime.
  • You can make a gift that pays you income for life.
  • You can preserve your estate for your children and deliver years of income to Memorial.
  • You can donate your house, take a tax deduction and continue to live in it rent-free.
  • You can turn surplus life insurance coverage into a gift.

When considering your planned giving options, it's important to first identify your charitable goals. For more information on what types of gifts fit different charitable goals, please see our Guide to Supporting Memorial.

Once we understand how you envision making an impact on our community through an investment in Memorial, we can work with you and your advisors to create a plan. Of course, any plans you make will be held in the strictest confidence.

Planned Giving Options

Tax laws are ever-changing. The information on this site and any documents contained herein is not intended as tax advice and is presented for discussion purposes only. Potential donors should consult with Memorial Health Foundation's Planned Giving staff and their own financial and/or legal advisors before making final decisions on gifts.