Ways to Give
Union Health System’s continued strength is a result of the financial support received by generous donors. Each gift to the Union Hospital Foundation supports vital improvements in health and medical care to benefit those who live in the Wabash Valley.
There are many ways you can make a difference and help us continue to provide the community with the highest quality care. Donors are encouraged to determine the type of gift that will best meet their personal financial objectives. If you have any questions, we are here to assist you with evaluating gift plans and identifying the best gift arrangement for you.
Gifts of cash or in the form of a check are the simplest and most immediate ways people contribute to Union Hospital Foundation. Cash gifts may also be pledged over a number of years. Visa or MasterCard and American Express contributions are also accepted.
Gifts of Real Estate
Making a gift of residential, commercial or undeveloped property is in general fully deductive for its current fair market value, and the gift avoids capital gains tax that would be payable if the property were to be sold. Contact Joel Harbaugh at (812) 238-7534 to discuss your options.
Gifts of Securities
Stock that has increased in value is one of the most popular assets used for charitable giving, once it has been held for a minimum of a year. Making a gift of securities to us offers you the chance to help our organization while realizing many important benefits for yourself. Giving appreciated securities, such as stocks, bonds or mutual funds allows you to avoid capital gains tax on the appreciated portion of the asset
Honor a Loved One
A memorial or tribute gift is a special way to honor someone in your life, celebrate a birth or remember a loved one. Contact Joel Harbaugh at (812) 238-7534 to discuss your options.
Endowed Named Funds
Union Hospital Foundation can establish a special endowment fund in your name, your family’s name or business or in honor of someone. Endowment funds are carefully invested in a diverse portfolio of stocks and bonds to generate monies designated to continuing your good work forever. Contact Joel Harbaugh at (812) 238-7534 to discuss your options.
Make a Gift Online
Giving to Union Hospital Foundation online is easy and is fully deductible for federal income tax purposes (up to 50% of donor’s annual adjusted gross income). Gifts of all sizes enhance patient care, advance technology, educate staff and develop innovative health and wellness programs. Make your online gift today.
Planned Giving Options
A gift to the Foundation in your will or trust enables you to support our mission and make a difference in the lives of future generations. A bequest is easy to arrange, will not alter your current lifestyle in any way and can be easily modified to address your changing needs. If you are considering a planned gift to Union Hospital Foundation, please contact Joel Harbaugh at (812) 238-7534 to discuss your options.
By assigning ownership of your life insurance to Union Hospital Foundation, you can receive a tax deduction for the cash value of the policy and the premiums paid each year.
Charitable Gift Annuity
A donor who establishes a Charitable Gift Annuity (CGA) makes an irrevocable gift of cash, securities or real estate to the Union Hospital Foundation and in return receives payment of a fixed amount per year for the life of one or two people. The CGA may provide a donor with income tax and estate tax savings.
Charitable Remainder Trust
A Charitable Remainder Trust (CRT) enables a donor to establish a trust for the donor's benefit that provides income from the assets placed in the trust. A CRT may provide savings on capital gains taxes, savings on estate taxes and improve the income earned from assets in the trust.
Charitable Lead Trust
The Charitable Lead Trust provides income to the Foundation for a specific period of time and then distributes the remaining assets to the donor or others designated by the donor. There can be significant estate tax savings with this type of gift.
Union Hospital Foundation offers numerous sponsorship opportunities for corporations, organizations and individuals. Your sponsorship of one or more of our events benefits hospital services thereby helping our community. Contact Margaret Douglas at (812) 238-7534 or learn about event sponsorship opportunities.
Friends of Union Hospital Annual Drive
The cumulative effect of annual gifts from the Foundation’s many donors enable us to provide necessary funding to provide new services, medical equipment, an improvement of the environment of care, and continuing education for clinical staff. Specific programs also assist patients whose health would otherwise be compromised by their inability to pay for services. Choose your annual membership level and donate online or download our form and follow the instructions to mail your donation.
Specifying the Foundation in an Obituary Notice
At a time of loss, your family may wish to encourage donations to Union Hospital Foundation.
Give of your time and change your life and the lives of others. Our Service League page offers information about volunteering with Union Health System.