Giving Options

Giving Options

As a not-for-profit institution, HaysMed relies on the generosity of the community to strengthen our funding resources - allowing us to provide quality programs, services, technologies, and education to our patients.

Every gift - no matter how large or small - makes an enormous difference in the lives of those we serve.

You can designate the HaysMed Foundation to receive estate assets in the future, or you can make immediate gifts to us of assets that are “out of sight and out of mind.”  We call these “Gifts Anyone Can Afford because anyone can make them now without impacting their current cash flow, lifestyle, or family security.

You can learn numerous ways to donate to the HaysMed Foundation below. For questions or assistance, call our office at 785-623-2350 or write us at 2220 Canterbury Drive, Hays, KS 67601.

Cash
A gift by a personal check or through a credit card is the most popular way to give to the HaysMed Foundation. You receive a full tax benefit if you itemize deductions. Checks should be made payable to the HaysMed Foundation. A cash gift provides an immediate impact on HaysMed.

Appreciated Stock
Your gift of appreciated marketable stocks or mutual fund shares will provide a significant benefit to HaysMed and may offer you important tax benefits.  Consider transferring them to the HaysMed Foundation. You will not incur sales expenses and you will not generate a taxable capital gain.

If your securities have decreased in value since you acquired them, it may be to your advantage to sell them, report the capital loss deduction, and donate the proceeds.

If you hold highly appreciated but low-yield stocks, consider using them to fund a charitable remainder trust or a charitable gift annuity at the HaysMed Foundation. You can receive a long-term income stream while minimizing your taxable capital gains.

For information on transferring stock or shares of a mutual fund, please contact Ruth Heffel at 785-623-2350 or at ruth.heffel@haysmed.com.

Real Estate
Thinking of selling your home, commercial building, or investment property? Enjoy tax benefits, generate income, and help HaysMed with a gift of real estate.

A concern of real estate owners with property that has significantly appreciated in value is that much of their profit from a sale will be consumed by capital gains taxes. If this describes your situ­ation, you may want to consider making a char­itable gift of your real estate instead of selling it. By giving property to the HaysMed Foundation, you will not have to pay capital gains tax, you may be able to take a substantial income tax deduction, you may choose to receive income for life, and you will have the satisfaction of providing signifi­cant support to HaysMed.

Another good way to take advantage of appreciated value of your home or farm is to enter into a life estate agreement with the Foundation. You continue to use the property throughout your lifetime, receive an immediate tax deduction and avoid taxation on gains in addition to reducing possible estate taxes. HaysMed benefits from the ultimate use or sale of the property.

Personal Property
A gift of personal property is a way to make a difference at HaysMed at little cost. If you donate a work of art, mineral interests or other tangible personal property that can be used or sold by the Foundation, you can take a charitable deduction and reduce future estate taxes.