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Olympic Medical Center Foundation believes in community support, generosity, and a commitment to providing quality health care on the Peninsula.

Planned Giving

Making charitable contributions is an art — a creative process that adapts to the changing needs and wishes of the donor. Planned giving enables a donor to arrange charitable contributions in ways that maximize his or her personal objectives while minimizing the after-tax cost.

Depending on the asset given and the gift arrangement selected, a donor can generally expect to obtain some of all of the following benefits:

  • Fulfill philanthropic goals
  • Reduce income tax through a deduction for the gift
  • Avoid capital-gain tax on gifts of long-term appreciated property
  • Retain life income for the donor and other beneficiaries
  • Increase spendable income
  • Eliminate federal estate tax on property passing to charity upon the donor's death
  • Reduce costs and time in estate settlement

The following are suggestions of planned charitable gifts. You should consult with your own tax and legal advisors for a full discussion of the tax implications of particular gift plans.

Outright Gifts

  • Cash
  • Securities and Real Estate
  • Tangible Personal Property

Deferred Gifts

  • Life-Income Plans
  • Charitable Remainder Trust
  • Charitable Remainder Annuity Trust
  • Pooled Income Fund

Gifts by will or bequest

  • specific bequest
  • general bequest
  • residual bequest
  • contingent bequest

Life Insurance

Gifts to fund the future

For more information on how you can help fund your local hospital please contact us.

Olympic Medical Center Foundation
1015 Georgiana Street  |  Port Angeles, WA 98362  |  360-417-7144
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