Planned Gifts

MetroHealth relies on partnerships with our generous donors to support the programs that impact our patients, the community and for other priorities such as the expanded campus green space. You can be a part of this amazing work.

Our team of gift officers is here to help you find a meaningful way to make a difference at MetroHealth and in our community. Just give us a call. If you are interested in discussing how you can invest your time, your heart and your resources, please contact us.

Wills and Bequests

The most common way to make a planned gift is through a will or bequest. By naming MetroHealth in your will and making a bequest, you can significantly reduce the tax burden of your estate. View types of bequests and sample language (PDF).

Life Income Plans

Through life income plans you can make a gift to MetroHealth that will return income to you, offering substantial tax benefits and increasing cash flow.

Charitable Gift Annuities

In exchange for a transfer of cash, marketable securities, or in some cases, real estate, MetroHealth contractually agrees to pay a fixed sum to you and/or another beneficiary for life. The payment rate depends on the age of the beneficiary — the older the beneficiary, the higher the payment rate. You can claim a current charitable deduction for the portion of the transfer, which represents the charitable gift. Payments, which can be deferred if income is not needed immediately, are partially tax-free. MetroHealth receives the remaining principal at the death of the income beneficiary.

Charitable Remainder Trusts

Charitable remainder trusts allow financial and estate-planning flexibility. They are similar to other types of trusts, except that MetroHealth, the charitable beneficiary, receives the remainder interest. You entrust the property, specifying how trust income and the remainder interest will be distributed. A trust created during life takes advantage of income, capital gains, and estate-tax savings. A trust effective at the end of the donor's life is especially useful for accepting retirement-fund assets.

Retirement Plans

Retirement plans are often subject to both income and estate taxes upon the death of a participant. By naming MetroHealth as a beneficiary of the balance of qualified retirement plans, your estate can achieve substantial tax savings.

Life Insurance

Many people own some form of life insurance because of its unique ability to meet a variety of needs for financial protection. By naming MetroHealth as a primary or secondary beneficiary of a life insurance policy, your estate will be allowed an estate-tax charitable deduction.

Recognition

The Generations Society honors individuals who have made plans to support MetroHealth beyond their lifetime. Membership signifies that you have named MetroHealth in a bequest or trust, a life income gift (such as a charitable remainder trust or gift annuity), a beneficiary of life insurance, pension plan, or IRA, or other form of deferred gift.
Generations Society Members receive:

A subscription to our bi-annual MetroHealth Giving publication
An invitation for you and a guest to attend the annual Generations Society event
Transformation Campaign updates and briefings
Recognition in our Honor Roll

The material presented and discussed is not offered or intended as legal or tax advice. You are urged to seek the advice of your tax advisor, attorney or financial planner to make sure that the contemplated gift fits well with your overall circumstances and planning.

IRS CIRCULAR 230 DISCLOSURE: In order to ensure compliance with requirements imposed by the U.S. Internal Revenue Service, we inform you that any federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and it cannot be used, by any taxpayer for the purpose of (i) avoiding penalties that may be imposed under the U.S. Internal Revenue Code or (ii) promoting, marketing or recommending to another person, any transaction or other matter addressed herein.