It demonstrates your depth of concern and it benefits others by continuing the mission of your hospital. When your Tribute or Memorial Gift is received, a letter is sent to the person or family in whose honor the gift is made. The amount of your gift is kept confidential and you, as the benefactor, will receive separate acknowledgement for your records. Endowments - The future as well as the present success of O'Bleness Memorial Hospital may be insured by donors who establish an endowment. This is a fund for a specific purpose, as stated by the donor, one that is established in perpetuity allowing only the income to be used.
Endowments represent an extremely desirable and rewarding gift opportunity.
They offer you the satisfaction of knowing that your gift will continue working for generations to come. In addition, an endowment presents the opportunity to memorialize one's own affection for the hospital, or to honor a family member or other individual who has made a significant contribution. If They are Carefully Timed The making of any substantial charitable gift requires both a specific desire on your part to contribute and the personal financial ability to do so. But careful timing is important too. Income tax benefits and other financial advantages of wise gift timing can, as we have shown here, make your personal philanthropy more affordable.