Planned Giving

The Circle of Light Society— recognizes individuals who have included Montgomery Hospice in their estate plans or established a gift through a planned giving instrument. Long-term support for Montgomery Hospice's work makes it possible for us to offer a consistent level of important services to our community. There are many ways to join the Circle of Light Society and show appreciation for our work, while also addressing your financial goals. We encourage you to discuss options with your financial advisor.

Charitable Bequest—You may choose to name Montgomery Hospice as a beneficiary in your will or estate. You may choose to give a percentage of your estate or a specific dollar amount or personal property, such as real estate. To include Montgomery Hospice as a beneficiary in your will or estate, identify us as:
Montgomery Hospice, Inc.
1355 Piccard Drive, Suite 100
Rockville, MD 20850

Stocks and Securities—Donors of appreciated stocks and securities generally receive a tax-deduction on the original cost and on any "paper gain" from the gift. You may also be entitled to capital gains relief. For more information on making a gift of stock, click here. If you own investments that are worth less than they cost, consider selling them and making a charitable gift of the cash proceeds. This creates a loss you may be able to deduct from other taxable income along with the amount of the cash contribution.

Charitable Gift Annuities—With a charitable gift annuity, you make a gift to Montgomery Hospice and, in return, receive a guaranteed fixed amount of income per year for life. The amount you receive, called the payout, is based on your age when you establish the annuity, and whether it includes payments just for you or a spouse as well. Gift annuities offer significant benefits, and they are easy to establish. There is no need to change your will or establish a trust.

Real Estate—Donations of property that has been paid off can offer substantial tax advantages. You can deduct the fair market value of the property, avoid capital gains taxes and also remove the property as an asset from a taxable estate.

IRA Donations—Retirement plan assets can be a practical source from which to make gifts. Unlike other types of investments, amounts withdrawn from retirement accounts are taxable to you and eventually to your heirs, if left to them. If you are 70 1/2 or older and have an IRA, you may want to consider making a charitable gift directly from these funds. Amounts given for charitable purposes are not taxed as income to you and represent a way to make completely tax-free gifts.

Life Insurance—If you own life insurance policies with accumulated cash value that are no longer needed for their original purpose, the value of such policies may be used to make a gift that can provide income tax savings today and can also result in significant estate tax savings in the future.

As you can see, you can make meaningful and cost-effective charitable gifts by carefully planning the timing and the property used to fund them. We would be pleased to provide more information to you or to your advisors. Please contact:

Jane DiGirolamo
Vice President of Development
Montgomery Hospice Foundation
Phone: (301) 921-4400