Gifts That Reduce Your Taxes

One of the most common ways to make a gift to Spectrum Health Foundation is to write a check, make a gift using a credit card, or donate online.

This is one of the easiest gifts to give and one of the most useful in accomplishing your philanthropic goals. The next time you visit your bank, you can name Spectrum Health Foundation (Tax ID: 38-2752328) as the beneficiary of a checking or savings bank account, a certificate of deposit (CD), or a brokerage account. When you do, you’ll take a powerful step toward improving the future of health care in West Michigan.

A gift of your retirement assets, such as an employee retirement plan, IRA, or tax-sheltered annuity, is an excellent way to make a gift. A gift of these assets can shield you or your heirs from taxes while funding Spectrum Health Foundation.

Life insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members.

A gift of artwork, coins, antiques, or other personal property can be an excellent way to support Spectrum Health Foundation.