Planned Giving

As you consider your financial and philanthropic priorities - income, investments, retirement and what you leave behind - you have a number of choices to help you reach your goals.

When you plan a gift to Penn Highlands Healthcare at Home as part of your overall estate and financial plans, you help ensure that we'll be here to carry out our mission for years to come.

Why include Penn Highlands Healthcare at Home in your planned giving?

• Because you care about Penn Highlands Healthcare at Home and the good they do in your community
• Because your family and friends have benefited from Penn Highlands Healthcare at Home services
• Because you want to do something special
• Because you want to use planned giving as an income or estate planning strategy

We have planned giving options that help you tailor your gift of cash or other assets to suit your circumstances so you can make a much greater gift than you ever thought possible. Some of our options will even provide you with guaranteed income.

Types of Planned Gifts

• Bequest - A provision in a will or estate plan that allocates all or part of an individual's estate to a designated charity
• Charitable Remainder Trust - A form of trust that specifies a payment of funds to one or more individuals for a specific time period. The "remaining" balance of the trust goes to a charity of choice. The person who sets up the trust, known as the donor, gets a tax deduction and an income payment annually or semi-annually, and the charity receives the balance after a specified number of years.
• Charitable Lead Trust - Similar to a charitable remainder trust, but the principal reverts to the donor or his/her designated heirs at the end of the trust term. If the principal reverts to the donor, he or she gets a charitable income tax deduction; if an heir, that person gets a charitable gift tax deduction.
• Charitable Gift Annuity - An irrevocable transfer of property (e.g. securities) in exchange for a contract to pay the donor an annuity for life. Because the value of the property exceeds the value of the annuity, it is partially a gift to the institution.
• Life Insurance - An arrangement in which a donor gives a life insurance policy to the charity. The cash value of that gift is tax deductible, as are any future premiums the donor may opt to pay on that policy. Note that only life insurance policies that are paid in full qualify as planned gifts.
• Life Estate - An arrangement in which a donor gives his/her home to the nonprofit while retaining the right to live there for the remainder of his/her life. The donor receives an immediate income tax deduction. The charity may sell the property upon the donor's death.
• Pooled Income Fund - An arrangement, similar to a mutual fund, in which a donor contributes to a fund and receives a share of the proceeds based on the percentage of his contribution. Donors pay no capital gains on the transfer of appreciated property. When the donor dies, his shares transfer to the charity.

Please contact your financial advisor or attorney to learn more about how planned giving can benefit you, your family and the charities you care about.