This season of giving, consider making a gift to Baystate Health Foundation to improve facilities, equipment, services, and programs for a Baystate Health hospital or specialty program, such as Cancer Care or Heart & Vascular. Your gift helps keep lifesaving and life-enhancing healthcare local for you, your neighbors, and your community.
How might you make an impact before 2025 ends? Here are some options:
QUALIFIED CHARITABLE DISTRIBUTION (QCD)
If you are 70½ or older, you can make a tax-free gift of up to $108,000 in 2025 to Baystate from your IRA account. Your gift is not included in taxable income from your IRA. If you are age 73 or older, a QCD gift can satisfy your required minimum distribution (RMD) without increasing your income taxes.
APPRECIATED SECURITIES
Gifts of securities, such as stocks and mutual funds, entitle you to an income tax charitable deduction for their full market value. If you have securities that have appreciated in value, you can gift them and avoid capital gains. Some donors even use the tax-savings to rebuy the same stock, with a lower cost basis.
DONOR-ADVISED FUNDS
Make an outright gift now by recommending a grant to Baystate Health Foundation. Or create a succession plan to recommend that Baystate receive all or a portion of the fund value upon the termination of the fund in the future.
GIFTS THAT PAY YOU BACK
Charitable gift annuities and remainder trusts pay you income for life, offer substantial tax savings, and create a future gift for Baystate Health.
A year-end gift is a tax-savvy and powerful way to keep local healthcare strong. Act now to make the most of your charitable contributions—and to ensure the strength of quality healthcare at Baystate Health.
We are here to help! To learn more about these gifts and other powerful ways to make a difference, reach out to:
Kylie Johnson | Kylie.Johnson@BaystateHealth.org | 413.794.7789