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Charitable Gift Planning In addition to benefiting the Medical Center, these gifts often reduce tax liability and/or increase income for the donor. The amount of a bequest or trust is entirely your choice and will be kept strictly confidential. Members of the Horizon Club are invited to special programs, which offer an inside look at Community Medical Center and the Saint Barnabas Health Care System. They also receive special updates on Community Medical Center and healthcare in general. Horizon Club members’ names are listed, with their permission, in the Annual Gift Report and on the Horizon Club plaque located in the Medical Center. The Foundation staff can be a resource for information regarding all aspects of charitable gift planning. Your gift can help provide new technologies, enhance our ability to provide patient care, and help touch literally thousands of men, women and children who partake in the many programs and services both in the hospital and in the community. We would be delighted to meet with anyone and answer any questions you may have about our programs or the Foundation. WAYS OF GIVING Gifts of Cash – Contributions to Community Medical Center Foundation are deductible for federal income tax purposes. Gifts of Appreciated Securities or Real Estate - A donor of appreciated securities or certain other appreciated property to the Foundation may be able to deduct the fair market value of the property without paying federal income tax on its appreciation in value. Bequests – A bequest by will such as “I give to Community Medical Center Foundation, Toms River, Ocean County, New Jersey, a tax-exempt corporation, the sum of _______________ Dollars ($ ) [or _____ percentage of the residue], for its general purposes” is an easy way to provide for the Foundation’s future. If most or all assets are in a living trust, a benefactor can add a similar provision to the trust instrument. In either situation, an attorney should be consulted. Life Income Gifts There are various methods to (a) provide lifetime income to the donor or another person; (b) generate a present income tax deduction; (c) increase the value of an asset while reducing tax liabilities; and (d) create a generous gift to the Foundation. These include: Charitable Trusts – can provide a fixed or variable rate of return to the donor, or a donor can use a trust to make a charitable gift for a period of years and have the assets return to family members; Charitable Gift Annuities – provide a fixed income for the life of the donor and/or spouse or other loved one (rate of return based on age); for current rates, click here. Pooled Income Fund – a trust fund that allows multiple donors to make gifts and proportionally share the interest earned. Gifts of Life Insurance – An existing policy can be changed or a new policy issued to name Community Medical Center Foundation as owner and beneficiary, providing both a substantial contribution and tax advantages. For more information on: Wills and Bequests; Gifts that provide an insurance; Charitable Gift Annuities ( _________________ Date of Birth); or Gifts of Insurance Please email us at: CMCFoundation@sbhcs.com
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The Horizon Club recognizes the people who believe in quality healthcare today, and in the future. To become a member you only need to inform the Foundation that you have made, or intend to make, a planned gift to Community Medical Center. These gifts may be made through 
