Hope. Empowerment. Comfort. Cure.

Your generosity today will help Countless others of tomorrow heal.

 

Join the group of dedicated individuals who believe in investing in the health of our community. People are often surprised to learn how easy it is to make a difference. Many choose to give assets, including IRAs, securities, real estate, insurance benefits and cash. Let us help you choose the right gift for your desired impact.

 

Leaving a Legacy....   

Choosing a planned gift allows you, the donor, to perpetuate your interest and influence into the future. Including Sparrow in your will or estate plans is easy. Please read below for an outline of options and goals to consider when deciding whether to make a current or future gift to Sparrow.


For further details or to schedule a meeting with the Sparrow Foundation, please contact us at Foundation@Sparrow.org or by phone at 517.364.3619. You can also download a Statement of Intent form here; simply complete and return to use at Foudation@Sparrow.org to document your desire to make a lasting impact.

 

 

If your goal is To:

Then you can:

your benefits will be:

Make a quick and easy gift.. Simply write a check or use a
credit card to make a gift now.

 A possible income tax deduction
and an immediate impact on the
care that Sparrow provides
each and every day.

Avoid tax on capital gains. Give appreciated stock or certain
bonds that you own.

 A possible income tax deduction for the fair market value of the stock/bonds, while avoiding the federal capital gains tax as well as the state income
tax on the appreciation.

Defer a gift until after your lifetime. Include a charitable bequest in your will.
In addition to cash, a beneficiary
designation, specific property, or a
percentage of your estate, there are many more ways this can be accomplished. Keep reading for additional gift vehicles.
Potential estate tax savings and the ability to retain assets for your benefit during your lifetime.
Make a large gift with little cost.               Give Sparrow a life insurance
policy you no longer need.
   Current and possible future income
tax savings, (if ongoing support
 offsets premiums).
Maximize your heirs' inheritence while benefiting Sparrow. Name Sparrow as the beneficiary of
your retirement account; leave
other assets to family.
A potential reduction of estate and income tax for your heirs.
Avoid capital gains tax on the sale of a home or other real estate. Give all or a fractional interest
in the property to Sparrow.
A possible income tax deduction
plus the elimination of all or
some capital gains tax.
Create a charitable gift while continuing to enjoy your home. Give your personal residence or farm to Sparrow while retaining use for life. An immediate charitable deduction
and a reduction in estate
taxes - if applicable.
Secure a fixed income while reducing market risks. Establish a Charitable Gift Annuity or a Charitable Remainder Annuity. Tax benefits and often a higher
rate of return than from
exisiting fixed income investments.
Create a hedge against inflation over the long term and diversify your portfolio, deferring and potentially reducing capital gains. Establish a Charitable Remainder Unitrust. An immediate charitable
deduction and a variable
income stream for life.
Reduce gift and estate taxes on assets you pass to your heirs. Create a Charitable Lead Trust
that pays income to Sparrow for
a specific number of years.
A gift or estate tax deduction,
tax shelter protection for
appreciated assets and retained ownership of those assets
 
If one or more of these strategies interest you, we invite you to contact the Sparrow Foundation, or talk with your financial, tax, or legal advisor for more details.  
PLEASE NOTE: A charitable IRA distribution makes it easier to use IRA assets during your lifetime to make charitable gifts.

»» The Charitable IRA Rollover, or qualified charitable distribution (QCD), is a special provision allowing certain donors to exclude from taxable income — and count toward their required minimum distribution — certain transfers of Individual Retirement Account (IRA) assets that are made directly to public charities, including the Sparrow Foundation. Since it was first made available, many Sparrow donors age 70 1/2 or older have used this popular option to support the areas of their choice with tax-wise gifts ranging from $1,000 to $100,000 (the maximum contribution allowed in any one year).

»» While this is a great option, other types of gifts may provide donors with more tax benefits. As with any gift planning question, donors should consult their tax professionals for specific advice.
Tax information provided herein is not intended as tax or legal advice and cannot be relied upon to avoid statutory penalties. Always check with your tax and financial advisers before implementing any gift plan.