Three ways to donate to the Adirondack Health Foundation:
You will promptly receive an acknowledgement of your gift for tax purposes, and your gift will be recognized in our annual report. Please let us know how you prefer to be recognized in publications, for example: "Mr. and Mrs. James Smith" or "Sue and Jim Smith" or "Sue Jones and Jim Smith". Some contributors wish to be anonymous. If you inform us of this desire, your name will not appear in our annual report or other publications.
Your gift to the Annual Fund provides funding for state-of-the-art equipment, renovations to departments and buildings, community health and wellness programs, patient care enhancement grants, scholarships for future healthcare providers and more.
Your generosity advances the mission of leading care for the Adirondack region.
Click here to view options for payment. Consider spreading your gift over 12 months by becoming a sustaining member. Please call the Foundation office to make arrangements for monthly installments using your credit or debit card.
Would you like to honor a particular caregiver who really made a difference to you or someone you love?
A gift to the Foundation may be directed to the caregiver's program or department and Foundation staff will inform the honoree of your gift, although we will not specify the amount.
Memorial gifts are a meaningful way to remember a loved one or friend. A charitable contribution in the name of someone who has passed away can have special meaning to both the family and the donor. You may designate your gift to a department or in honor of a special caregiver. Your gift will make an important difference in the lifesaving work at Adirondack Health.
In acknowledgement of your gift, a note is sent to the family of the person you wish to memorialize - informing them of the gift and the identity of the donor. The amount of the gift remains confidential.
Did one particular staff member, physician or department make your stay with us exceptional? If you'd like your gift to benefit a specific department or program, please let us know by making the request on the memo section of your check or noting your wish on the online form. Donor-restricted gifts are temporarily restricted until the department director uses it to enhance patient care. Foundation staff will inform the department director or physician of your gift. You will receive an acknowledgement of your gift for tax purposes, and your gift will be recognized in our annual report.
Permanently restricted, endowed funds may be named with a minimum contribution of $25,000. An endowment gift will be invested, and interest earnings will be used according the to the Foundation’s Investment Spending Policy. Endowed gifts offer the opportunity to continue your generosity in perpetuity and provide a stable future for Adirondack Health. Click here to learn about payment options.
A bequest in your will or a planned gift from your estate provides an opportunity to leave a legacy of your commitment to healthcare for our region. Gifts made as part of your estate plan allow Adirondack Health to improve health and save lives far into the future.
Unless otherwise specified by the donor, a planned gift will be added to Foundation investments and interest earned will be directed to capital expenditures and programmatic support. In this manner, planned gifts continue to grow and support healthcare in the Adirondacks year after year.
If you're interested in learning more, please call the Foundation office at 518-897-2370 to discuss your options. We appreciate the opportunity to meet with you and your financial advisor to answer questions and be certain we understand your intentions.
Bequest: A bequest in your will may be unrestricted (to be used where the need is greatest) or donor restricted (given to a particular program or department). Bequests may be funded through a gift of cash, real estate, securities, an IRA, life insurance or other property.
If you intend to specify a purpose for your bequest, we ask you to speak to the executive director of the Foundation to discuss your wishes. 518-897-2348
Sample language for a bequest: "I hereby give the sum of $________ to the Adirondack Medical Center Foundation d.b.a. Adirondack Health Foundation, P.O. Box 120 Saranac Lake, NY 12983 EIN 16-1528554."
Gifts of stock: A gift of appreciated stock provides you an opportunity to support Adirondack Health while avoiding capital gains tax on appreciated stock. Stock gifts may be transacted by having your investment advisor contact:
JP Morgan Chase Bank, NA
383 Madison Avenue
New York, NY 10017
1-877-200-4410
DTC Participant #0902
FFC: C17804003
For credit to Adirondack Medical Center Foundation, Account #P72500
Account name: Adirondack Medical Center Foundation (DBA Adirondack Health Foundation) - Donations
The Foundation Tax ID number is: 16-1528554
To wire a cash transfer:
JP Morgan Chase Bank, NA
383 Madison Avenue
New York, NY 10017
1-877-200-4410
SWIFT #: CHASEUS33
ABA Routing: 021000021
Account #: 1217804003
Account name: Adirondack Medical Center Foundation (DBA Adirondack Health Foundation) Donations
Please ask your broker to contact the Foundation office by calling 518.897.2348 to alert us of a pending transaction.
Life insurance: A gift of a life insurance policy can be made by naming the Adirondack Medical Center Foundation as the beneficiary of the policy. If you have ongoing premium payments, they will qualify for a charitable deduction.
Real estate: A gift of real estate may relieve your estate of capital gains taxes and the difficulties of selling a property. Proceeds from the sale of the property benefit the Adirondack Medical Center Foundation.
Trusts and annuities: There are a variety of options in the form of trusts or annuities which may provide significant tax advantages to donors as well as an income stream for life.
Redfield Legacy Society: We invite you to become a member of our Redfield Legacy Society so we can thank you personally and honor your anticipated gift in our annual report and lobby display.
If you are considering a gift from your estate, please contact your legal or financial advisor as there are many planned giving options to assist you in maximizing your philanthropic intentions while minimizing your estate taxes.
If you are 70.5 years of age or older, you might consider giving a gift from your individual retirement account (IRA). A direct transfer of up to $100,000 to Adirondack Medical Center will not be counted as taxable income on your federal income tax return, while allowing you to support programs which are important to you. The gift will not be considered tax deductible, but since the gift moves from your IRA to Adirondack Medical Center directly, you avoid the possibility of paying income tax on the amount of the gift. Donors who are 72 years or older who are obligated to take a required minimum distribution may also find this option helpful if they wish to avoid taxable income.
IMPORTANT: The Adirondack Health Foundation is a supporting organization, so a donor planning to use a distribution from an IRA will be asked to make the gift directly to Adirondack Medical Center. Please have the distribution check made out to "Adirondack Medical Center" and mail it to the Foundation at P.O. Box 120, Saranac Lake, NY 12983.
