Giving Opportunities

There are a variety of gift options that provide meaningful support to Potomac Ridge Behavioral Health. You can choose from a number of ways to give your gift, including:

• Gifts of Cash:
  Cash gifts, the most common form of giving, are as easy as writing a check. You can deduct 100 percent of the gift amount from your federal income tax, so your net cost is less than the face value of the contribution.
• Credit Card Gift:
  Your gift placed on Visa, Mastercard, or American Express cards benefits the Hospital, and may have added bonus for you if your credit card has an incentive program such as frequent flier miles or purchase rebates. Your gift is 100 percent tax deductible.
• Gifts of Appreciated Securities:
  Giving appreciated stocks and bonds is an excellent way to support the hospital's programs. This type of gift usually qualifies not only for the income tax deduction associated with all charitable gifts, but also eliminates capital gains tax.
• Gifts of Real Estate:
  The tax benefits of appreciated real estate gifts are identical to those of appreciated securities – an income tax charitable deduction for the full fair market value of the property and elimination of capital gains tax on your profit.
• Charitable Gift Annuity:
  In addition to a tax deduction, this type of gift also guarantees you a fixed income for life, partially tax-free. The dollar amount that you will receive is determined by your age and the age of any other beneficiary you name at the time of the gift.
• Charitable Remainder Trust:
  A "CRT" can provide you (and your spouse if appropriate) lifetime income and cash flow, a current income tax deduction, and provide important endowment funds for the future healthcare of the community. At the same time, you avoid all capital gains and future estate taxes.
• Bequests:
  Bequests through Wills enable people to make significant contributions that might not be possible during their lifetime. When you make a bequest to the hospital, your taxable estate is reduced by a 100 percent deduction for the amount of a cash gift, or by fair market value of appreciated assets. For sample language you may use to remember Potomac Ridge Behavioral Health in your will.
• Life Estate:
  Instead of giving cash or securities to fund a gift, you may prefer to give the hospital the ultimate ownership of your home, retaining life use for yourself. You may also want a survivor (perhaps your spouse) to be allowed to enjoy life occupancy, too. By deeding the property to the hospital now, subject to your life possession, you benefit by a sizable current income tax deduction.
• Life Insurance Gifts:
  An often-overlooked asset that can be used to fund a gift is life insurance. You can name the hospital as beneficiary of a policy that is no longer needed for its original purpose or you can transfer actual ownership of the policy or buy a new policy for the hospital's benefit. Your gift will entitle you to an income tax deduction and future premium payments will be tax deductible.

For more information on giving, you can contact the Foundation office at (301) 251-4677 or Email prbhfoundation@adventisthealthcare.com. We're prepared to work with donors and their attorneys or financial consultants to assist with philanthropic interests.