Philanthropy has a rich tradition at Griffin Hospital. Over the years, Griffin has grown to meet the demands of the community, the gifts received from our generous donors have been essential to our ability to provide the latest medical technology and Planetree services that our community has come to expect. With an outlook of new initiatives and expansion on the horizon, we hope to continue the legacy of giving to Griffin.
Ways to Make a Gift to Griffin Hospital
Donors may select from a wide variety of methods of tax-deductible contributions to Griffin Hospital among them are:
Cash
Cash is the easiest and most direct way to give. As always your personal check is always accepted. Taxpayers who itemize deductions are able to secure a Charitable Tax deduction. Checks should be made to "Griffin Hospital Development Fund" and mailed to:
Griffin Hospital Development
130 Division Street
Derby, CT 06418
Contributions can also be made online by credit card. Click here to donate now.
Stocks
Gifts of stocks and other securities are welcome. Gifts of appreciated securities may completely avoid capital gains taxes. Donors receive credit based on the fair market value of the securities donated.
Making a gift of stock is easy to make. For small annual gifts or gifts to satisfy a large pledge, stock is often the asset that makes the most sense for donors. If you are considering a gift of stock to Griffin please call the Development Office or email dgaramella@griffinhealth.org.
Corporate Matching Programs
Many companies match employees' gifts to educational institutions. Contact your employer for details and restrictions.
Goods and Property
Gifts of tangible goods and property, including real estate, may be accepted depending on the nature and utility of the items. Donor must provide fair market value based on IRS valuation rules and procedures.
Pledges
Contribution plans over a period of years are welcome and encouraged, especially for the creation of named endowed funds.
You can make your pledge one of three different ways; during a call from one of our development callers; call the Development Office directly; or via the internet. Your pledge will be booked upon receipt and you will receive a quarterly pledge reminder until your gift is paid. Click here to pledge via the internet.
Planned Giving
Planned Giving programs enable many donors to make substantial gifts to Griffin that not only benefit the Hospital but bring financial benefits to the donor as well. The Planned Giving team will provide the most prudent suggestions regarding the most advantageous way to contribute.
Planned gifts can generate lifelong income; convert low-yielding assets into a higher income stream at reduced capital gains cost; obtain significant income tax deductions; and reduce or eliminate estate taxes.
While our office can help donors tailor your giving requests, we recommend that all donors consult their own tax and legal advisors.
Gifts through the estate plans of individuals and families are accepted. Useful vehicles for estate commitments include wills, trusts, life insurance policies, retirement funds, and others. Certain plans also provide attractive tax benefits and life-income provisions for the donor, including charitable remainder trusts, and charitable gift annuities. Click here to learn more on Planned Giving.
Endowment
Endowed funds are essentially savings accounts from which only earnings may be spent for the specified purpose. The principal of the gift is never spent. Donors may create a new endowment with a gift of $10,000 or more and may name the fund.
Restrictions
Donors may restrict gifts to specific purposes or may make unrestricted contributions for the highest priority needs of the Hospital as determined by the board of Griffin Health Services. Restricted gifts must be consistent with the programs and needs of the Hospital.
Contact Development
David Garamella, Director of Development
203-732-7504
203-732-1311 Fax
development@griffinhealth.org