Gift Planning

Plan today. Fund the future of health and wellness on Nantucket.

Overview

There’s more than one way to support the vision of Nantucket Cottage Hospital. Making a bequest or other planned gift to the hospital is simple and satisfying – and a smart way to make a tax-efficient gift.

Outright gifts (such as gifts of cash or securities) go to work immediately and are essential to the hospital today. But a gift in the future – through a bequest or life income gift – may allow you to give more and ensure the hospital can continue to be a center of health and wellness for future generations. Some gifts can provide income to you now. Click here for details on charitable gift annuities and charitable remainder trust.

There are many ways to make a significant gift to ensure quality patient care in the future. You may wish to establish an annuity that pays you income during your lifetime. Or perhaps you have a life insurance policy or IRA that could benefit the hospital? Planning now may allow you to make a much larger gift than you or your family imagined possible. You might even consider donating your house as a gift of real estate.

Different giving vehicles provide different advantages, based on your personal situation and needs. Some goals and benefits of planned giving can be found here. If you are interested in learning more about a legacy gift, please contact Maryellen Burke at the Foundation Office at (508) 825-1386. As part of our relationship with Mass General Hospital, we have access to planned giving investment expertise and support and can work with you or your financial advisor.

If you would like to learn more about the benefits of a planned gift, please contact the Foundation Office.  We can create a personalized worksheet with income estimates and tax deductions to help guide your decision making.

Have you already provided for Nantucket Cottage Hospital in your estate plan? If so, thank you! Please notify us so we may welcome you as a member of our 1911 Society.

For more information about gift planning, contact Maryellen Burke at (508) 825-1386.