Ways To Give
The Putnam Hospital Center Foundation provides many opportunities for friends in the community to contribute to the hospital. Gifts may be tailored to meet each donor's philanthropic interests and financial interests. By choosing to make a gift and/or participate in its fundraising events, you choose to make a difference. For further information, please contact either PHC Foundation Executive Jeffrey D. Kellogg at (845) 230-4709, or PHC Director of Development and Community Affairs Anita M. Minella at (845) 230-4763.
Outright Gifts of Cash
Cash contributions to the hospital result in tax benefits to donors if they itemize deductions on their tax returns. There are several types including, but not limited to, year-end gifts, "in memory of" gifts, "in honor of" gifts and gifts 'in lieu of flowers."
Restricted and Unrestricted
Gifts of any size may be made to the Foundation. Unrestricted gifts are particularly appreciated because they allow the hospital to respond to new opportunities to expand and develop services.
Donors may enjoy substantial tax savings by transferring gifts of appreciated stock or property. By giving appreciated securities, donors receive a tax deduction for the gifts' full market value while avoiding the capital gains associated with appreciated stocks.
Charitable Remainder Trusts
A charitable remainder trust is designed to pay beneficiaries either a fixed or variable income payment for life or a designated number of years. Usually funded with appreciated securities, charitable remainder trusts allow a donor to receive a charitable deduction while partially avoiding a capital gains tax. Donors interested in creating trusts are encouraged to consult their attorney and to call Putnam Hospital Center Foundation.
Many companies will match their employees' gifts to Putnam Hospital Center, and donors are encouraged to request that their companies match gifts made to the hospital. Matching gift forms may be obtained through your place of employment.
Please CLICK HERE for a printable donation form.