Planned Giving
A planned gift can be one of the easiest, most fulfilling ways to make a donation that provides significant benefits to you and future support to East End Hospice. It ensures that we’ll be providing compassionate end-of-life care well into the future.
We’re ready to answer any questions you might have and help you choose the gift that makes sense for you. Please contact Emily K. Madsen, director of planned and major gifts, at emadsen@eeh.org or 631.288.7080 for more information.
PLANNED GIVING OPPORTUNITIES
Bequest – A bequest to East End Hospice through your will or living trust builds financial strength at no cost to you during your lifetime. Bequests offer flexibility and can be structured to fit your circumstances. And because bequests are revocable, you can update your plans to meet your needs and the needs of the people and organizations most important to you. You and your advisors may wish to consider including the following bequest language:
“I hereby give, devise and bequeath to East End Hospice, Post Office Box 1048, Westhampton Beach, NY 11978-7048, federal tax identification number 11-2878502, ____ [a specific dollar amount, percentage of the residue of your estate, or a specific asset such as a bank account, piece of real estate or collection]
Beneficiary Designation – Naming East End Hospice as a beneficiary of your retirement plan or life insurance policy can be as simple as requesting a change of beneficiary form from your retirement plan administrator, insurance company or financial institution. The beneficiary designation form may ask for EEH’s tax identification number. That number is 11-2878502.
Charitable Remainder Trust – A charitable remainder trust is an irrevocable gift that allows you – or another recipient you choose – to receive regular payments for life or a fixed term of years. After the trust term, the remainder will be used by EEH to support end-of-life care, bereavement services or the specific EEH program you select.
Charitable Lead Trust – A charitable lead trust is an irrevocable gift through which EEH receives payments for a set period of time. At the end of the trust’s term, the remainder is passed on as directed to your children, grandchildren or others. A lead trust is designed to create tax savings on the assets that will eventually be transferred to your loved ones.
Gifts of Appreciated Property – Your donation of securities or real estate offers an excellent opportunity to make a charitable gift with tax benefits, including eliminating capital gains tax – if you’ve held the securities for more than one year – and a charitable income tax deduction if you qualify.
Gifts of Artwork – East End Hospice accepts gifts of valuable artwork or other collectibles. Please provide an appraisal at the time of donation. In limited cases, EEH accepts artwork for its inpatient hospice facility, the Kanas Center for Hospice Care. For more information, please contact Emily K. Madsen, at emadsen@eeh.org or 631.288.7080.
The information on this website is not intended as legal or financial advice. Please consult your attorney, tax and/or financial advisor.
