How to Give
If you are considering a planned gift to Summa Health, please read this exciting announcement about the future of the health system.
Giving to Summa Health can be done either directly or through a gift model that has the potential to provide tax benefits and even income. Click on the examples below to learn more.
-
IRA RolloverCongress recently enacted a permanent extension of the IRA Charitable Rollover. As a result, you can make an IRA rollover gift in 2016 and beyond.
More -
Beneficiary Designation GiftsDesignate Summa Health as a beneficiary of a retirement, investment or bank account or your life insurance policy.
More -
Charitable Gift AnnuityTransfer cash or appreciated property to our organization in exchange for fixed payments (with rates based on your age) for the rest of your life.
More -
Charitable Remainder UnitrustTransfer cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property tax-free and provides you with income for life or for a term of years. Summa Health receives the remainder funds in the trust.
More -
Charitable Remainder Annuity TrustTransfer your cash or appreciated property to fund a charitable remainder annuity trust. The trust sells your property tax-free and provides you with fixed income for life or a term of years. Summa Health receives the remainder funds in the trust.
More -
Charitable Lead TrustFund a trust that makes gifts to Summa Health for a number of years. You or your family receives the remainder funds in the trust at substantial tax savings.
More -
Sale and UnitrustGive a portion of your property to Summa Health to fund a charitable remainder trust. The cash from the sale is used to create a trust that provides you with income for life. Summa Health receives the remainder funds in the trust.
More -
Bargain SaleSumma Health purchases your property for less than fair market value. You receive cash from the sale that you can use as you see fit. You receive a charitable tax deduction for the difference between the purchase price and fair market value of the property.
More -
Give It Twice TrustProvide your children with a stream of income while also making a gift to Summa Health.
More -
Life Estate ReservedGive your property to our organization but retain the right to use the property during your lifetime.
More -
Donor Advised FundsYou fund a DAF and make charitable gift recommendations during your lifetime. When you pass away, your children can carry on your legacy of giving.
More