Without planned giving, Brigham and Women's Hospital (BWH) probably wouldn't exist.
After all, two of our forerunners—the Peter Bent Brigham Hospital and the Robert Breck Brigham Hospital—were created through the bequests of people with the vision and foresight to support innovations that have advanced medical care around the world. Fittingly, Brigham and Women's Faulkner Hospital (BWFH) is also the result of a bequest.
Of course, few have the resources to bequeath an entire hospital. Yet philanthropy is a critical element in fueling medical progress across every aspect of our hospitals. Charitable options such as gift annuities, pooled income funds, life insurance, or gifts from a will or trust are all ways to magnify the bequests of those who came before, while making a lasting impact on healthcare today and supporting future innovations that will benefit generations to come.
In return for your contribution, BWH/BWFH will provide you with lifetime annuity payments. The older you are, the higher the annuity payment rate. This is one of the most popular planned gifts for people living on fixed incomes.
Pooled income funds
These funds combine gifts of cash or securities from multiple donors and, on a quarterly basis, pay the participants their proportional shares of the net income.
Make an extraordinary gift by donating your policy, taking a charitable deduction, and deducting any future premium payments. Because life insurance typically costs "pennies per dollar" of coverage, you can make a sizable gift at a modest cost.
Gifts from a will or trust
Also known as bequests, these are the principal gifts that put our hospitals on the map. All it takes is a simple designation in your will or trust. Your cash flow will not be affected in your lifetime, and it's easy to revoke if your situation changes.
Designate BWH/BWFH as a beneficiary of a life insurance policy, IRA, or other retirement account. It's simple to do on your own. Just edit your beneficiary form to include BWH or BWFH at the amount or percentage of your choice.
The power of giving is often immeasurable. For a confidential illustration of how a planned gift—tailored specifically for your circumstances—can support a cause that's meaningful to you, contact Kathleen Duffy, Senior Director, Planned Giving, at 617-424-4326 or email@example.com.