Planned Giving
Gift planning is an excellent way to support the MercyOne Waterloo Foundation. Our staff is available to assist you and your advisors with your overall estate, financial and tax planning goals.
Retirement Assets (ie. 401K, IRA, etc.)
Consider making the Waterloo Foundation a secondary beneficiary of your retirement fund or consider leaving a percentage of your retirement fund to the Foundation. There may be some very attractive tax advantages.
Bequests
Bequests are a significant way to remember Waterloo Medical Center. A bequest in your will, or estate plan, will positively impact health care at our hospital for years to come. The legal language is provided below to assist you and your financial advisor.
Bequest for General purposes
“I give and bequeath to the MercyOne Waterloo Foundation in the sum of $_____,or _____% of my estate to be used for the general support purposes as determined by the Waterloo Foundation Board of Trustees."
Bequest for Specific Purpose
“I give and bequeath to the MercyOne Waterloo Foundation the sum of $_____,or _____% of my estate to be used to support_____________________."
Appreciated Assets
Gifts of appreciated securities, such as stocks, bonds, or real estate are probably the most economical way for donors to make a charitable contribution to the Waterloo Foundation. Gifts of appreciated assets may offer substantial tax advantages.
Life insurance
A nice way to make a substantial contribution, to a nonprofit agency without disturbing other assets, is to choose the Waterloo Foundation as a beneficiary in your life insurance policy. Some tax advantages may be available.
Charitable Remainder Trust
Encouraged as a method of making gifts to the Waterloo Foundation. This option allows you to make a significant gift to the Waterloo Foundation, while increasing or retaining your retirement income.
Charitable Gift Annuity
A gift option that requires a minimum initial contribution of $10,000. This is a wonderful way to support Waterloo Medical Center, while simultaneously receiving a fixed income during the donor’s lifetime.
Endowments
An excellent way to leave a legacy at Waterloo Medical Center. A permanent, designated, and/or named endowment may be established with a minimum gift of $25,000. A portion of the interest is spent each year, while the principal and a portion of the gains are reinvested to continue to build the endowment, so it will be there for years to come.
Gift planning is an excellent way to support Waterloo Medical Center. Our staff is available to assist you and your advisors with your overall estate, financial and tax planning goals. Please contact Joe Surma, Manager; MercyOne Cedar Falls and MercyOne Waterloo Foundations, at 319-272-7677 or Joe.Surma@mercyhealth.com for more details.
