Remembering Community Health Care in your will

Baby at doctor appointmentCommunity Health Care now includes a sentence on all pledge forms that reads: "I have remembered Community Health Care in my will." Next to it is a box to check. By checking this box, you will become a member of the Community Health Care Legacy Society

Why join the Legacy Society?

First, it is a testimony to your confidence in the present and future work of the organization. It is a statement of trust that Community Health Care will continue to meet these needs in the future years. It is an expression of gratitude for the mission that is being undertaken by the staff to provide the highest quality health care with compassionate and accessible service for all.

Second, your declaration encourages others to consider making beyond-life gifts to Community Health Care. It says to potential contributors, "We know the need for quality, affordable health care in Pierce County will continue to be great, and that Community Health Care can manage such gifts and use them to the benefit of patients."

Third, it gives Community Health Care the opportunity to express its gratitude to you as a future estate donor during your lifetime; and even, when appropriate, to explore with you how you want your future gift used. Often, when we know of this intent, it is possible to open more giving possibilities than you had previously considered.

Finally, letting us know your intention says that you recognize the integrity and confidentiality of Community Health Care. We will not ask for information you do not wish to give. We respect your privacy and wishes whether you wish to tell us the amount of your intended gift or just of your intention to support Community Health Care with a future gift.

Please let us know that you are thinking about supporting our work with patients who have the least resources in our community. Just email us with the message,"Yes I intend to put Community Health Care in my will—please send me information on how to do so."

Thank you.

Russ Sondker, CFRE
Marketing and Resource Development
(253) 722-1550

Rick Oldenburg
Major and Planned Giving
(253) 722-1555

A charitable bequest is one or two sentences in your will or living trust that leave to Community Health Care a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Community Health Care, a nonprofit corporation currently located at 1148 Broadway, Suite 100, Tacoma, WA 98402, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Community Health Care or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Community Health Care as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Community Health Care as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Community Health Care where you agree to make a gift to Community Health Care and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.

eBrochure Request Form

Please provide the following information to view the brochure.