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Cash
The simplest way to make a gift to the Foundation is with cash.
Invest in the Health of Your Neighborhood
The Davis Health System Foundation is an approved participant in the
WV Neighborhood Investment Program (NIP).
This
program allows contributors to support their communities and receive up
to 50 percent of the contributed amount in tax credits: Corporate Net
Income Tax, Business Franchise Tax,
and Personal Income Tax.
Tax
credit-eligible donations can be made in the form of cash, personal
property, real estate, stock and in-kind professional services.
NIP Donations specifically support:
The Davis House
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Bequests - a gift in your will.
You may designate the Foundation as a beneficiary of your estate to receive
a certain dollar amount or to be the residuary or contingent beneficiary.
Appreciated Securities
Gifts of appreciated securities (stocks & bonds) offer a double tax advantage
to you.
Life Insurance
You may donate an existing, paid-up policy or you may take out a new insurance policy naming the
Foundation as owner and beneficiary.
Other Assets
Gifts of other appreciated assets (real estate, jewelry, coins, etc.) may be
accepted subject to review.
Charitable Remainder Trusts
This option is for individuals who need to maximize their income but would
still like to make a charitable gift with their assets. When you establish a
charitable remainder trust with yourself or a financial institution serving as trustee,
you receive an income tax deduction.
Gifts from Retirement Accounts
If you accumulated significant assets in a retirement account, you may want
to consider designating the foundation as a beneficiary of the account. Your
estate will receive a deduction for estate taxes and the foundation will not
incur taxable income.
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