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Planned Giving

A planned gift is a contribution that is arranged in the present and allocated at a future date. Commonly donated through a will or trust, planned gifts are most often granted once the donor has passed away.

  • Charitable Gift Annuities:  The Vidant Health Foundation may offer charitable gift annuities (CGAs), subject to the policies approved by the Foundation Board of Trustees. In accordance with such policies, the minimum gift for funding is $10,000. The minimum age for life income beneficiaries of a gift annuity shall be 65 for immediate annuities and 50 for deferred annuities. No more than two life income beneficiaries will be permitted for any gift annuity. The Foundation will accept gift annuities contributions made with property other than cash or publicly traded securities only upon approval from the Board of Trustees. Exceptions to the above may be made only with prior approval of the Board of Trustees and if determined to be in the best interest of the donor and the Foundation. Further procedures and guidelines for the administration of the CGAs, including management of reserve fund assets and conditions for reinsurance or self-insurance, are contained in separate policies.

 

  • Bequests and Beneficiary Designations under Trusts, Life Insurance Policies, Commercial Annuities and Retirement Plans:  Donors are encouraged to make bequests to the Foundation under their wills, and to name the Foundation as the beneficiary under trusts, life insurance policies, commercial annuities and retirement plans.

 

  • Charitable Remainder Trusts: The Foundation will accept designation as a reminder beneficiary of charitable remainder trusts.

 

  • Charitable Lead Trusts: The Foundation will accept designation as an income beneficiary of charitable lead trusts.

 

For more information on planned giving options, please call the Vidant Health Foundation at 252-847-5626.