Though often assumed to be complicated, planned giving is actually a very simple way to support N.C. Children’s Hospital. A variety of giving strategies, many summarized here, can be leveraged to accommodate your specific needs and circumstances while building a personal legacy that will benefit the children of North Carolina now and for generations to come.
Though we cannot provide legal and tax advice, we are available to work with you and your financial and legal advisors to establish planned gift arrangements that accomplish your personal and charitable objectives and maximize your N.C. Children’s Hospital legacy. Getting started is as easy as contacting us.
Contact the staff, 919-843-3948
Planned Giving FAQ
What is planned giving?
Planned giving, also known as gift planning and deferred giving, refers to charitable gifts that require some advanced planning before they are made. Some common examples include philanthropic gifts through your retirement assets, will or life insurance. Others include gifts of appreciated stocks and securities, real estate and personal property, among many others.
Why make a planned gift to N.C. Children’s Hospital?
By investing in N.C. Children’s Hospital, you help ensure that no child need leave North Carolina to receive world-class medical care. When making a planned gift, you also secure valuable financial and tax benefits for yourself and your heirs. Planned and deferred gifts can be utilized to:
- Provide gift plans that benefit you and your family.
- Bring immediate and deferred tax advantages to yourself and your heirs.
- Contribute a larger gift than would be otherwise possible from your income.
Individuals who document their planned gift to N.C. Children’s Hospital are welcomed as members of both the W. Reece Berryhill Society of The Medical Foundation and the Gerrard Society of the University of North Carolina at Chapel Hill. These two societies recognize the hundreds of alumni and friends who have remembered Carolina through planned gifts and members are recognized in University publications and occasional special events.
What planned giving options are best for me and my family?
There is no “one size fits all” in gift planning. From bequests to life-income gifts, there are many ways to tailor a planned gift to your specific circumstances. Planned gifts fall into one of three categories:
- A future gift from your estate to fund your legacy at N.C. Children’s Hospital. You make a gift through your estate or a beneficiary designation. Options include bequests, retirement plan beneficiary designations and life insurance.
- A future gift to fund your legacy at N.C. Children’s Hospital and provide income to you now. You make a gift to N.C. Children’s Hospital and receive income for your life, for the lives of the beneficiaries or a term of years. These plans include charitable gift annuities, charitable remainder trusts and pooled income funds.
- A current gift that helps N.C. Children’s Hospital now and your family later. N.C. Children’s Hospital uses the income from your gift for a specified period of time, and then the trust property reverts to you or your heirs. This plan is called a charitable lead trust.