Planned Giving

What Is a Planned Gift?

A planned gift is a future donation given to a charity. Planned gifts are personal decisions that each benefactor makes by taking into consideration their current financial situation and their interest in leaving an impactful legacy on the charities for whom they share a passion. Many find planned gifts to be a way to offer greater, long-term philanthropic support than would be possible with an outright gift today while also providing sources for supplemental income or tax deductions. Most planned gifts are structured and documented in collaboration with a financial planning professional of the donor’s choice.

There are many types of planned gifts that can be developed in support of the CalvertHealth Foundation.

Charitable Bequests

Including in your will a gift of a specific amount or a percentage of your estate enables you to control your assets during your lifetime while providing an important future gift to the CalvertHealth Foundation. Charitable bequests are wonderful options for all donors, but especially those donors who wish to retain control of their assets during their lifetime. If you wish to support the CalvertHealth Foundation through your will, please contact us for any specific information you may need to document your bequest in your will.

Beneficiary Designations

Naming the CalvertHealth Foundation as a beneficiary of all or a portion of your life insurance or retirement fund is an easy way to make a significant gift to your community hospital and reduce taxes for you and your heirs.

Charitable Trusts

Charitable trusts are plans that can reduce income and capital gains taxes for you and your heirs as well as potentially increase your income. Please discuss your interest in a trust with your financial advisor and estate planning attorney.

Charitable Gift Annuity

A charitable gift annuity (CGA) provides you with predictable tax-advantaged income while making a gift to the CalvertHealth Foundation. A CGA is a contract in which a donor exchanges a gift of cash or approved appreciated property for a guaranteed fixed income each year for the rest of the donor’s life. It may be of particular interest to those discouraged by low earnings on cash investments.

Planned Giving Resources

Financial Wellness Series

Good financial health is important to your overall physical and mental health. The CalvertHealth Foundation provides the Financial Wellness Series, a series of video seminars and chats, on a variety of financial planning, estate planning and gift planning topics. These valuable resources are archived and available for your review at any time.

Planned Giving Guide

Contact the CalvertHealth Foundation at foundation@calverthealthmed.org and request a complimentary copy of our Planned Giving Guide.

Contact Us

For more information, contact the CalvertHealth Foundation at 410.414.4570 at foundation@calverthealthmed.org.