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Ways to give

If you're looking to give back, there are lots of ways to do it. You can give right away or set up a legacy gift, so you can give now and plan for what you want to give in the future. 

Cash gifts

Cash gifts can be currency, checks, money orders or credit cards. 

Tributes & memorials

A gift is a special way to remember a friend, family member or loved one or commemorate a special event. 

Stocks & bonds

Investing in appreciated publicly traded stocks is a great way to give back to the foundation and avoid taxes on the gain. Stock gifts can be sent directly to us through your brokerage account. You will get a charitable income tax credit, which is typically equal to or less than the fair market value, as determined by IRS guidance. We sell the stock right away and use the net proceeds for our mission. 

Bequest by will

Including a charitable bequest in your will is a simple way to make a lasting gift to the causes that you’d like to see sustained for generations to come. You can leave a bequest by adding specific language to an existing will or drafting a new one. Your will can include a specific cash amount or property, assets such as an insurance plan or life insurance, a percentage of your estate, or the remainder after distributions to other beneficiaries. 

IRA charitable rollover

Anyone 70½ years old and older can satisfy the annual “required minimum distribution” and reduce income taxes by transferring up to $100,000 annually from their IRA to a charity. For added benefit, consider designating the Foundation as a beneficiary of your IRA. At death, retirement plan or IRA balances are included when figuring estate and income taxes to your beneficiaries. Funding a charitable bequest with an IRA or retirement plan prevents the bequest from becoming a liability of your estate, and the gift is made with pre-tax dollars. 

Life insurance

Giving through life insurance is a simple way to make a big impact and create your charitable legacy. You can make the Foundation your main or secondary beneficiary for 100% or a percentage of the proceeds from your policy. It's a great way for anyone to give something meaningful. 

Charitable remainder trust

A charitable remainder trust provides a gift without income loss and gives you a current income tax credit for a future donation. The value of your gift is determined by the current market value and does not produce taxable capital gains. It provides income at your desired percentage regardless of your current investment return. 

Where to give

You can designate your gift to an impact area or where it matters most to you. 

A gift of hope and healing

The Memorial Hospital of Boscobel Foundation (dba Boscobel Area Hospital and Clinics Foundation) is a 501(C)3 charitable organization. Contributions are tax exempt where provided by law. The information is not intended as tax, legal or financial advice. Gift results may vary. Consult with your personal financial advisor or attorney for information specific to your situation. 

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1900 South Ave.
La Crosse, WI 54601

(608) 782-7300

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