How can you support your community hospital so that vital services are ready and waiting to care for you or a loved one in a time of need? How can you show your appreciation for the care a family member or friend already received at Torrance Memorial Medical Center? Make a donation - large or small - everyone can help!
Although the donations that "make news" are usually large sums, Torrance Memorial also appreciates and depends on the generosity of our neighbors who support us with gifts of any amount. We are grateful for every dollar we receive, as your donation helps Torrance Memorial grow and continue its outstanding service to our community.
The following information can help you make a gift that benefits you and Torrance Memorial Medical Center.
The Torrance Memorial Health Care Foundation has created commemorative naming opportunities to recognize the special interest of generous donors.
Donate Now Make your donation on-line quickly and easily.
(see below) Of course your gift is important to the medical center, but how can making a donation to Torrance Memorial benefit you?
Charitable Gift Annuity A charitable gift annuity provides an income fund for the donor.
Deferred Charitable Gift Annuity Similar to the charitable gift annuity, the deferred charitable gift annuity may be a better choice for younger donors who are planning for supplemental income when they retire.
Bequest One of the most frequent forms of planned giving, the bequest is tax deductible.
Insurance Naming Torrance Memorial as the primary or contingent insurance policy beneficiary is another popular gift.
Charitable Remainder Trust The charitable remainder annuity is irrevocable and provides a fixed income based on the value of the assets at the time the trust is created.
Charitable Remainder Unitrust The charitable remainder unitrust is also an irrevocable trust, but provides fluctuating income based on a fixed percentage of the annual value of the trust.
Charitable Lead Trust The charitable lead trust allows the donor to provide the medical center with income for a specific number of years, which he or she determines (five, 10, 15, 25 years or more).
Do you have another idea? We'd love to discuss it with you. Contact Laura Schenasi at 310-517-4703.
Your gift is important to the medical center, but how can making a donation to Torrance Memorial benefit you?
|If your goal is to:
||Then you can:
||Your benefits include:
|Make a quick and easy gift
||Simply write a check
||An income tax deduction and immediate impact for Torrance Memorial
|Secure a fixed life income while avoiding market risks
||Establish a charitable gift annuity
||Tax benefits and often a boosted rate of return from assets
|Defer a gift until after your death
||Include a bequest in your will (e.g., cash, or property)
||Estate tax deduction and keeps assets in your name during your lifetime
|Maximize inheritance for your heirs while benefiting Torrance Memorial
||Name the medical center as the beneficiary of your retirement plan; leave other assets to family
||Reduce estate and income tax
|Avoid tax on capital gains
||Donate appreciated stock or bonds held longer than one year
||An income tax deduction and avoidance of capital gains tax
|Make a large gift with little cost
||Give an insurance policy you no longer need
||Current and possible future income tax deductions
|Avoid capital gains on the sale of a home or other real estate
||Donate the property to Torrance Memorial
||An income tax deduction plus the elimination of capital gains tax
|Give your personal residence, but retain use for life
||Create a charitable gift while continuing to enjoy your home
||A charitable deduction and a reduction in the value of your estate
|Create a long-term barrier against inflation
||Establish a charitable remainder unitrust
||Variable income for life; tax benefits
|Reduce gift and estate taxes on assets you leave your family
||Create a charitable lead trust that pays income to Torrance Memorial for a specific number of years
||A gift or estate tax deduction, and your family keeps the assets
|Make a revocable gift during your lifetime
||Name Torrance Memorial as the beneficiary of assets in your will or living trust
||Full control of all assets during your lifetime
Additional commemorative opportunities are available. To inquire about commemorative opportunities in confidence and without obligation, please call Laura Schenasi, Executive Vice President, Torrance Memorial Health Care Foundation, at 310-517-4708.