A gift to Salus is an investment in the future of our region and world. Together, we can affect change, advance care, and put health and wellness within reach for everyone whose lives we touch. Our accomplishments are many, but there is potential that we have not yet tapped.
Enhance our endowment, increase support for student scholarship and faculty and administrative roles Improve educational facilities across campus, guarantee our students a cutting-edge learning environment, Bolster our community service programs, giving individuals and families with limited resources access to high-quality care and support
Charitable gift planning is, and can be, an important part of your plans, whether it is accomplished through outright gifts during your lifetime, a charitable bequest in your will, or establishing a life-income arrangement or other planned gift. We highly recommend that donors consult their tax or legal advisors before making a planned gift. Click here for a side by side comparison.
There are many ways for you, your family or your company to support Salus. Here are just a few opportunities to make a difference.
Gifts by Will and Living Trusts
Through various types of bequests to Salus University, you may secure a charitable estate-tax deduction for the value of the gift. Best of all, you will know that your generosity will support our mission for years to come.
You may prefer to state in your will or trust a sum of money or a percentage of your estate that you wish to give to Salus University.
Whatever form of bequest you choose, it is not subject to federal estate taxes and so significantly reduces the tax burden of an estate. The value of the bequest may be deducted when the taxable estate is determined, and there is no limit to the deduction.
Gifts That Pay You Income
Do you want to support Salus University but worry about having enough income for yourself and your loved ones? Life-income gifts such as gift annuities and charitable remainder trusts can provide donors with an income stream, significant tax savings, and the satisfaction of providing Salus University with vital long-term resources.
Gifts That Protect Your Assets
This type of gift arrangement allows you to direct gifts to Salus University for a specified period of time and, in turn, receive either a charitable deduction now for gifts made in subsequent years or a reduction in gift or estate taxes on property you wish to pass to heirs.
Gifts from Retirement Plans
Your retirement-plan benefits are very likely a significant portion of your net worth. And because of special tax considerations, they could make an excellent choice for funding a charitable gift. Retirement-plan benefits include assets held in individual retirement accounts (IRAs), 401(k) plans, profit-sharing plans, Keogh plans, and 403(b) plans.
Gift from Life Insurance Policy
An important but frequently overlooked role of life insurance is the one it can play in charitable gift planning. Life insurance itself can be the direct funding medium for a gift, permitting the donor to make a substantial gift (face value of policy) for a relatively modest annual outlay (i.e., the premium payment).
Closely Held Business Stock
A business owner who contributes closely held stock to Salus University will be allowed a charitable deduction for the fair-market value of the stock. An additional benefit is that the donor will escape the potential capital-gain tax on any appreciation in the value of the stock.