In addition to supporting the mission of Baystate Health Foundation, a planned gift can provide substantial tax advantages, especially on gifts of stocks and real estate. The benefits may include:  

  • an income tax deduction
  • reduced capital gains taxes
  • reduced probate costs and estate taxes
  • income for life

Simply by taking advantage of incentives the IRS provides, you and your advisor can craft a gift that fits your needs, as well as the needs of Baystate Health Foundation. Even with the increased standard deduction in the tax law that became effective in 2018, an immediate income tax charitable deduction resulting from a planned gift may lead to itemizing deductions and greater tax savings. A planned gift makes it possible for you, your loved ones, and Baystate Health Foundation to all benefit.

Gifts of all sizes matter. Your bequest gift will be put to work to help save or enhance lives. Contact us to explore what a planned gift might mean for you.

Kylie Johnson, CAP
413-794-7789
Kylie.Johnson@BaystateHealth.org
Baystate Health Foundation