Have you ever thought of making a contribution to St. Mary’s General Hospital of $10,000, $25,000, $100,000 or more? Most of us can only dream of such generosity. But is such a gift impossible? Perhaps not.
Life insurance options:
A contribution of this size is possible through a gift of life insurance. By paying a relatively small premium each year, it may be possible for you to make a major gift to St. Mary’s upon your death. You could receive a tax receipt now for premiums you pay, or on your final tax return which can mean considerable savings. You may even have an existing policy which you would like to donate. No matter how you do it, you can assist in a substantial way to an organization important to our community. Your dream can become a reality.
When Denise retired after nearly 40 years as a Registered Nurse and Nurse Manager at St. Mary’s, it was with mixed emotions and a desire to see the Hospital continue to flourish. “I’ve seen many changes over the years, yet through it all, there has always been a caring attitude at St. Mary’s, no matter what occurred. I am happy that my gift will contribute in a small way to seeing that care continues.”
I wanted to give back something significant to St. Mary’s beyond my regular annual contribution,” she says. “Life insurance enabled me to do this easily. For me, the knowledge that I am helping an institution I believe in is most important.
Recently Denise chose to make a long-term commitment to St. Mary’s by naming its Foundation as the owner and beneficiary of a life insurance policy. “I wanted to give back something significant to St. Mary’s beyond my regular annual contribution,” she says. “Life insurance enabled me to do this easily. For me, the knowledge that I am helping an institution I believe in is most important.”
Denise receives a tax receipt for each premium she pays and, upon her death; St. Mary’s receives the value of her policy.
If you would like more information about gifts of insurance or any other legacy gifts, please contact:
(519) 749-6578 ext. 1514