Baptist Hospital Foundation
Saying Thanks by Giving Back
The gifts program at Baptist Hospital East
Many people ask how they can say "thank you" for the care they or a loved one received at Baptist Hospital East. Thank you letters are always welcome, but what better way to honor a special nurse, employee or physician than with a gift in honor and recognition of the care they provided. Or, celebrate the life of a loved one with a gift in their honor or memory.
Through donations to the Baptist Hospital Foundation, Baptist East provides many programs and services that enhance the quality of care given. Gifts from members of the community allow nurses and other staff members to receive additional education and training. Donations provide for community health screenings that help prevent diseases or detect them earlier; they allow the hospital to offer support groups for patients and their families. Private support from community members helps us make a patients hospital stay more comfortable.
The changes in healthcare in the last decade have made it increasingly challenging for Baptist East to rely solely on traditional forms of payment, such as Medicare and managed care, to provide the kind of healing environment our patients want and have come to expect. Despite this, the hospital remains an excellent place to receive care and to work.
To guarantee that this level of excellence continues, Baptist East relies on the generous support of people in the community to provide a margin of excellence.
Memorial & Honorary Gifts | Designating Your Gift | Greatest Need | Ways of Giving |
Gifts of Cash | Gifts of Appreciated Securities | Matching Gifts | Bequests |
Gifts That Provide an Income | Gifts of Real Estate | Baby Blessings |
Memorial and Honorary Gifts
Often family members and friends want to honor the memory of a loved one or express their appreciation for the care received by making a donation. A memorial gift to the Baptist Hospital Foundation provides a meaningful symbol of respect, gratitude and love. Memorial and honorary gifts also may be designated to a particular designated hospital fund such as the Cardiology, Oncology, Palliative Care or Indigent Care Funds.
In the case of a memorial gift, the Foundation will notify the appropriate family member or loved one of your kind thoughts and action. In the case of a gift made in honor of an individual, the Foundation will let them know of your generous display of appreciation for him/her. We will work with you to ensure that we get the acknowledgement to the correct/best person.
Designating Your Gift to a Specific Service/Unit
If you would like to have your gift benefit a particular service area within the hospital, there may be a fund already in place to allow you to do just that. Some services have readily recognizable funds, but if you do not see a fund identified with the service/unit that you wish to honor, please contact the Baptist Hospital Foundation at (502) 896-7495 or e-mail us at foundation-information@bhsi.com.
Greatest Need
As healthcare changes so does the way that Baptist East delivers care to patients. Because of the need for flexibility, the hospital must have the ability to respond to areas with the greatest need. Gifts that are not earmarked for a specific area of the hospital can be quickly directed where they are needed most. In this way, Baptist East can remain on the leading edge of patient care.
Commemorate a New Baby in the Family
Every birth at Baptist Hospital East is cause for a celebration as we honor the love, joy and hope each baby brings.
To recognize this special moment, the Baptist Hospital East Foundation has created a Baby Blessings wall to commemorate the babies born at Baptist East. Located near the nursery on the hospital’s third floor, Baby Blessings displays commemorative tiles inscribed with your baby’s footprint, name and date of birth.
Ways of Giving
The ways of giving are many and varied from the simplicity of writing a check to donating appreciated securities or real estate to making a provision that will benefit Baptist East after your death. Some of the most common methods are discussed below. For more information regarding specific gift arrangements, call the Baptist Hospital Foundation at (502) 896-7495 or e-mail us at foundation-information@bhsi.com.
Gifts of Cash
Cash gifts, usually made by check or credit card, are the most common form of donation. Provided you itemize your deductions, cash gifts are deductible in the year the gift is made to the extent the law allows. The Foundation will provide you with a letter of substantiation for tax purposes.
Gifts of Appreciated Securities
Giving appreciated securities that have been held longer than one year may offer a significant tax advantage. Donors may be able to avoid capital gains tax and receive a charitable tax deduction for the fair market value of the securities. Those wanting to make a gift of appreciated stocks, bonds or mutual fund shares should instruct their broker to contact the Baptist Hospital Foundation office for additional information. If you are personally holding the shares or securities, the Foundation staff can work with you to handle the gift according to your wishes.
Matching Gifts
Many companies provide matching gifts for their employees and other eligible individuals. This allows your gift to be doubled and sometimes tripled. Please include your company’s matching gift form with your gift. To find out if your employer matches donations, contact your company’s Human Resources department or call the Baptist Hospital Foundation.
Bequests
You may name the Baptist Hospital Foundation as a beneficiary in your will. Typically, donors provide either a specific amount or a percentage of the estate for the hospital’s benefit. The hospital can also be a residual beneficiary of your estate, receiving funds after the payment of bequests to others. Please have your legal counsel contact the Foundation Office for specifics that will make the process easier today, and in the future.
Gifts that Provide an Income
There are a number of charitable gift arrangements that provide a gift to the hospital and income to you and/or your spouse for life. Often the amount of income is more than can be realized by other conservative investments. The Foundation staff will be glad to offer insight on these options, and will put you in touch with professional financial/legal advisors if you do not have one currently.
Gifts of Real Estate
Gifts of real estate that have appreciated in value may provide a significant tax advantage. Donors may deduct the fair market value of the gift up to 30 percent of adjusted gross income with a five-year carry over provision. Additionally, donors do not pay capital gains taxes on the appreciated value of the real estate. Furthermore, you may give your residence to the Baptist Hospital Foundation and retain residency for your life, the life of your spouse, or a set number of years.
Donor Counsel
The Baptist Hospital Foundation is pleased to work with donors to determine the best way to make a gift to the hospital, but you are encouraged to consult your own financial advisor before finalizing a gift.
Our Thanks to You
The Baptist East family thanks you for considering making a charitable contribution to the Baptist Hospital East Foundation. For more information, please contact:
Baptist Hospital Foundation
4000 Kresge Way
Louisville, Kentucky 40207
502.896.7495 (office)
502.259.4094 (fax)
e-mail: foundation-information@bhsi.com
The Baptist Hospital Foundation is a not-for-profit, 501(c)3 charitable organization.