If you are considering a gift to St. Luke's Hospital, you may want to review your long-range estate and financial plans. Remember that your will, life insurance, retirement plans and other planning vehicles may offer exceptional opportunities for leaving a lasting legacy for others.
Gifts are designated to the hospital's endowment and will be used to keep
St. Luke's financially strong for generations to come. For additional information on all of the following planned giving opportunities contact the Office of Development at
314-576-2345.
Charlie Allen, Planned Giving Chair
"Taking time to make human connections that prove so vital in everything they do is the hallmark of what makes St. Luke's the preferred choice in medical care. As a patient, having confidence in the quality of the hospital and its staff is extremely important."
Allen is a retired lawyer who joined Lewis, Rice & Fingersh, L.C. in 1960. He was managing partner from 1970 to 1975. Allen has served on numerous civic and charitable organizations, including Director of the Edward Mallinckrodt, Jr. Foundation, Member of St. Luke's Hospital Board of Directors and several charitable organizations related to the Episcopal church.
Bequest
St. Luke's Hospital has long honored the far-sighted planning of friends and patients who want to ensure that superior and compassionate health care is always available for future generations. One of the most popular ways of giving is to leave a gift through a bequest.
Life Insurance
If you have a life insurance policy that has outlived its original purpose, you might consider amending it so that St. Luke's Hospital is the beneficiary. You may also transfer a policy on which you have paid some of the premiums and claim an income tax deduction on the present value of the policy.
Real Estate
There are several options in for gifting real estate. An outright gift of a home, farm, vacation property or land avoids capital gains taxes and permits the donor to take a tax deduction for the full value of the gift. Another option is to gift the property while retaining the use of it for the donor's lifetime. This is known as a retained life estate and is usually more suitable for an older donor.
Life Income Gifts
If you are considering a gift to St. Luke's Hospital that will produce an annual income, a charitable remainder trust or a charitable gift annuity may be an excellent investment. Trusts and annuities can provide you and/or a loved one with a guaranteed income for life as well as a charitable tax deduction - while making a meaningful contribution to
St. Luke's Hospital and its vital work.
For more information about planned giving, contact Sue A. Adams, Executive Director,
St. Luke's Office of Development, 314-205-6230.
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