There are many other ways available to donate to Hospice in which significant tax savings may be experienced by their use. These may include gifts of closely held stock, securities, real estate, life insurance, or personal property (jewelry, antiques, art, coins or stamp collections.) You may also receive a tax deduction by donating your car, truck, boat, trailer, motor home or RV to Hospice. Please call for more information, or click here to request information on-line.

A Charitable Bequest... Gifts That Leave A Lasting Legacy

One of the easiest and most generous ways of making a major gift to Hospice is through a charitable bequest. It has been a method used by many Hospice donors over the years. These gifts have been used to support new and existing Hospice programs and help sustain the care Hospice provides in patients' homes, community hospitals and nursing homes, and at Hospice's Mitchell Campus in Cheektowaga. By making a provision in your will naming Hospice as a beneficiary you can leave an enduring legacy that will ensure that Hospice services will be available in the future for those in need.

Choose How You Want Things Left

Bequests can be made in a variety of ways, including a specific bequest, which designates exactly what and/or how much you wnat to give to Hospice. For instance, a specific bequest can include cash, securities, or real property. Other types of bequests include those that indicate a defined percentage of your estate or a residual bequest which distributes a portion of the balance of your estate after expenses to Hospice. Finally, you can name Hospice as the contingent beneficiary in your will should your primary beneficiary not survive you.

Advantages of leaving a bequest to Hospice include:

• there is no loss of income during your lifetime
• bequests are simple and relatively inexpensive to execute
• bequests that reduce the size of your taxable estate can reduce gift and estate taxes
• bequests can have a major and lasting impact on the future of Hospice care

Hospice recommends thaty you always consult with your attorney when making or amending your will. If you have a will and wish to make a provision including Hospice, you may do so by asking your attorney to add the following language to your new will:

"I bequeath $______ or ______% to the Hospice Foundation of Western New York, Inc., Erie County, New York."

Your Bequest Can Create A Permanent Endowed Memorial Fund

Your bequest to Hospice can be used to establish a permanent endowed memorial fund in memory of your loved one. The principal of your endowed memorial bequests is invested and only the interest is used for the specific purpose for which you intend. For example: "I wish for my bequest to be used for Hospice patient care". In that way, your gift will always be there to help patients and families who are in need of our services when facing end of life.

Should you wish to create a memorial fund and/or to endow your gift for a specific purpose, you should contact the Foundation office for further information.

Other Giving Opportunities

There are many other ways to make charitable gifts to Hospice which may result in significant tax savings. These may include gifts of closely held stock, publicly traded securities, real estate, life insurance, or personal property (jewelry, antiques, art, coins, stamp collections).

For more information, please call The Hospice Foundation at (716) 686-8090.

Back to Hospice Foundation Homepage