Giving Opportunities
CoxHealth Foundation
The CoxHealth Foundation gratefully receives the following kinds
of donations:
Gifts of Assets: A cash gift to the CoxHealth Foundation
can be made in the form of cash or check. Cash gifts are the most common
 contributions
and result in a tax deduction on your itemized tax return for the full
amount given. Other types of assets may also be donated including:
- Securities: Stocks and bonds
- Property (real estate and personal property such as vehicles)
Planned Giving: Planned giving is smart giving. It offers
increased tax benefits to the donor while providing long-term support
to the CoxHealth Foundation. Planned giving vehicles include charitable
gift annuities, charitable remainder trusts, wills and more.
Charitable Gift Annuity: A donor makes a gift to the
CoxHealth Foundation and in exchange receives a fixed annual dollar amount
for life. The principal remaining at the donor’s death passes on
to the Foundation.
Charitable Remainder Trust: A donor creates a trust
and income from the trust is paid to beneficiaries designated by the donor.
Beneficiaries receive income for life or for a specified number of years.
At the end of the trust term the assets pass on to the Foundation. There
are two types of trusts called Charitable Remainder Unitrust and Charitable
Remainder Annuity. The Unitrust option means assets can be added to the
trust and the payout amount may fluctuate. The Annuity is similar except
that the beneficiaries receive a fixed annual income and assets cannot
be added once the trust is established.
Charitable Bequests: Estate planning is very important,
regardless of the size of your estate. Your will is your most important
legal document and should be the cornerstone of your estate plan. Your
will directs your desires and ensures that your wishes are fulfilled.
If you or your family is grateful for the care they have received at CoxHealth,
a gift in your will is a wonderful expression of gratitude.
Memorials or Honorariums: If you would like to pay tribute
to someone in life or after, a gift to the CoxHealth Foundation can
be a lasting legacy to that person’s contribution to our community.
Life Insurance: The CoxHealth Foundation can receive
your donation as the beneficiary of your life insurance policy. Income
and estate tax benefits may result from this kind of gift.
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