Donating To Fenway Health: Creative Ways To Support Our Work | Fenway Health: Health Care Is A Right, Not A Privilege. Donating To Fenway Health: Creative Ways To Support Our Work – Fenway Health: Health Care Is A Right, Not A Privilege.

Donating To Fenway Health: Creative Ways To Support Our Work

By February 11, 2021 February 25th, 2021 Fenway Health Newsroom

 

Here at Fenway Health, the generous support of our community helps us everyday to fulfill our mission to enhance the well-being of the LGBTQIA+ community and all people in our neighborhoods and beyond through access to the highest quality health care, education, research and advocacy. Beyond traditional donations – which we very much appreciate! – there are many creative ways to financially support Fenway Health. While most of us don’t consider ourselves wealthy enough to have an estate to plan, we do have assets. Did you know that these assets can be turned into donations? Here are a few ways of giving to Fenway Health that you may not be aware of.

In Honor of or Memorial Giving

An “In Honor of” or a memorial gift is a particularly meaningful way to honor or remember, family, friends, or colleagues. Tribute gifts can also be given in someone’s honor for special occasions such as birthdays, anniversaries and holidays. Upon receipt of your gift, an acknowledgment of your gesture of sympathy is immediately issued to the designated recipient. And as with all gifts, we will acknowledge the donor with a thank-you letter containing the appropriate tax language as well.

Securities

When you donate long-term appreciated securities to Fenway Health, you can claim the full value of the gift as a charitable deduction.

Gifts of securities — such as individual stocks, bonds, or mutual fund shares — can benefit both you and Fenway Health. A gift of securities has tax benefits that increase the value of your gift, which may allow you to make a larger gift than if you first sold the securities and then donated the net proceeds. Here is some helpful Stock Transfer information.

QCDs

If you are 70 ½ or older, a Qualified Charitable Distribution (QCD) can satisfy the Required Minimum Distribution (RMD) from your IRA while reducing your taxable income.

Planned Giving

You can make a difference and create your own lasting legacy in many ways. One of the simplest ways is to provide a bequest to Fenway in your will. You can name Fenway Health as the direct beneficiary of assets, a portion or percentage of your estate, or what remains of your estate after your other obligations have been met. Charitable bequests reduce the size of your estate and thereby reduce estate taxation. Your financial support and name will continue to be associated with Fenway, providing a legacy of lasting remembrance.

Gifts-In-Kind

Fenway’s Gift-In-Kind Program secures donations of specific materials that meet the needs of Fenway Health. We work with the entire organization to ensure that your gift is used where it’s needed most.

Fenway reserves the right to decline any gift that does not further its goals or involves special maintenance or other conditions Fenway would be unable to satisfy. The donor is responsible for making arrangements to deliver the gift.

If you have something you would like to donate to Fenway, please contact our Development Department at 617.927.6350 or development@fenwayhealth.org to see if we can match your contribution with a current need.

United Way

You may support Fenway Health through any United Way chapter. You may find your local chapter at unitedway.org

Please note: Although we are highly qualified fundraising professionals we are not tax experts. We strongly advise seeking the advice of your tax accountant or financial advisor.

Fenway Health always honors the wishes of donors who choose to remain anonymous. Kindly call us at 617.927.6350 to remove your name from our website and other acknowledgement materials.

For assistance or questions in making a gift please contact Sharon Glasser at sglasser@fenwayhealth.org or 857.313.6737.

Now more than ever, your generosity is needed and deeply appreciated. Thank you for your support Fenway Health and our community!

Fenway Health: Health Care Is A Right, Not A Privilege.
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