top of page

Olympic Medical

Center Foundation

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:

  • 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: - (360) 417-7144

bottom of page