Thomasville Medical Center 
Ways to Give
| There are a variety of ways to give to the Thomasville Medical Center Foundation. We'll make it easy for you to meet your philanthropic goals. |
Cash, Check or Credit Card
If you itemize on your tax return, gifts of cash are deductible for federal income tax purposes up to 50% of your adjusted gross income (AGI).
Appreciated Property
You can avoid capital gains taxes by contributing appreciated property like securities, land or even your home to Presbyterian Hospital Foundation. You receive an immediate income tax deduction for the full market value of your property. You pay no capital gains tax and the value of the property that you give to the Foundation is removed from your taxable estate. The substantial increase in the stock market in recent years makes this an attractive way to make a gift today.
Life Insurance
Often people don't realize that life insurance proceeds are taxable in their estate. Fully paid up policies can prove very attractive as gifts, particularly when a policy has outlived the purpose for which it was originally purchased.
Personal Property
Automobiles, artwork or collections represent excellent opportunities to integrate your philanthropic objectives with your estate planning and tax minimization objectives. There are a variety of strategies that you can adapt to your personal circumstances.
Stock in Closely Held Businesses
You may realize substantial tax benefits for this type of gift. For business owners and their family members with a substantial portion of their estates linked to their business, a gift of closely held stock can provide planning flexibility and tax minimization.
