Ways to Give
When you donate to the Spartanburg Regional Foundation, you have a huge amount of flexibility in determining how your gift may be used.
Unrestricted gifts are among the most valuable, because they allow the Foundation to build its endowment, thereby supporting grant-funded projects in the hospital and the community
Directed gifts allow you to designate your gift to a specific program or project at the hospital. When you make a directed gift, you enjoy the satisfaction of knowing you are supporting a program that is personally meaningful to you.
Cash, Checks or Credit Cards
You may make a donation with cash or check by visiting our offices. Our mailing address is:
Spartanburg Regional Foundation
101 East Wood Street
Spartanburg, SC 29303
You may make your gift by credit card online by visiting our Donate Now page.
Gifts of Stock
If you own stock, it is often more tax-wise to contribute stock than cash. This is because a gift of appreciated stock generally offers two-fold tax savings. First, you avoid paying any capital gains tax on the increase in value of the stock. Second, you receive an income tax deduction for the full fair market value of the stock at the time of the gift.
Always check with your accountant or other tax advisor for the advantages (and possible drawbacks) of making a gift, based upon your particular circumstances.
Gifts of Real Estate
A gift of real estate can also be tax-wise. A residence, vacation home, farm, acreage or vacant lot may have so appreciated in value through the years that its sale would mean a sizeable capital gains tax. By making a gift of this property instead, you would avoid the capital gains tax, and, at the same time, receive a charitable deduction for the full fair market value of the property. It is also possible to make a gift of your home, farm or vacation home so that you and your spouse can continue to use it for your lifetimes – while you receive a current income tax deduction.
Gifts of Life Insurance
A gift of life insurance can provide a significant charitable deduction. You could purchase a new policy or donate a policy that you currently own but no longer need. To receive a deduction, designate us as both the owner and beneficiary of the life insurance policy. Check with your insurance agent for the details.
Affect the future of the Upstate's health care today with the Legacy Society and planned giving options. A planned gift of stocks and securities, or real and personal property, or of trust proceeds offers an invaluable and enduring symbol of your commitment.
The Legacy Society recognizes those who have included the Spartanburg Regional Hospital Foundation in their wills or through other deferred gifts of estate planning. Click here for more information.
Many businesses and corporations match charitable gifts, allowing you to double or even triple your gift to Spartanburg Regional Foundation. Most companies require a special form to be completed, while others have automated programs requiring a phone call. Contact your human resources office for information about your company’s program.