All of us, regardless of age, wealth, or affiliation have the ability to leave a legacy. Your legacy gift of any size can be customized and structured to fit your dreams, lifestyle, family and financial needs. Many do not require an outright gift, and may offer tax savings to your heirs. By making Deborah part of your long term financial and gift planning, your support will benefit Deborah and its patients tomorrow and beyond, just as you intend it to. We offer a variety of meaningful ways for you create your legacy. When you create a personal legacy, we welcome you to Deborah’s Heritage Circle Society, and add your name to our Donor Wall in the Gallery of Donors prominently located at the main entrance of Deborah.

• Gift in Will or Living Trust
• Beneficiary Designation and Payable Upon Death
• Charitable Gift Annuities
• Codicil to a Will
• Trusts
• Become a Heritage Circle Society Member
• For Financial Planners and Estate Attorneys
• IRA Required Minimum Distribution 

Beneficiary Designation

Not everyone wants to commit to making a gift in their wills or estates. Some prefer the increased flexibility that a beneficiary designation provides by using:

• IRAs and retirement plans
• Life insurance policies
• Donor advised funds
• Commercial annuities

It is very simple to name Deborah Hospital Foundation as a beneficiary. Start by requesting a change-of-beneficiary form from your policy administrator or download the form from your provider’s website.

Make your desired changes and mail the form to establish your gift to:

Ellen Krivchenia
212 Trenton Rd
Browns Mills, NJ 08015

Alternatively, you can e-mail the form to ekrivchenia@deborahfoundation.org.

Payable and Transfer on Death

Designating Deborah Hospital Foundation as beneficiary of your bank accounts, certificates of deposit or brokerage accounts is a simple and straightforward way to support our work. There are two options you can use to make this gift to Deborah Hospital Foundation:

Payable on death (POD): By placing a POD designation on your bank account or certificate of deposit, you can name one or more persons and/or Deborah Hospital Foundation as the beneficiary (ies) of all funds once you, the account owner, pass away. The beneficiary (ies) you name has no rights to the funds until after your lifetime. Until that time, you remain in control and are free to use the money in the bank account, to change the beneficiary or to close the account.

By setting up your bank account or certificate of deposit in this way, the estate planning and administration process is simplified. The executor or administrator of your estate will not have to take any action to ensure that your account transfers to whomever you designated. Simply ask your bank representative about the one or two easy steps you need to take in order to place a POD designation on your bank account or certificate of deposit.

Transfer on death (TOD): By placing a TOD designation on your brokerage or investment account, that account will be paid over to one or more persons or charities after your lifetime. It is not necessary for the TOD designation to transfer all of the account solely to charity—you can designate a certain percentage of the account. Like a POD account, with a TOD account the beneficiary you name has no rights to the funds until after your lifetime. Until that time, you are free to use the money in the brokerage account, to change the beneficiary or to close the account.

A TOD designation also simplifies the estate planning and administration process. The executor or administrator of your estate will not have to take any action to ensure that your securities transfer to whomever you designated. To set up the TOD endorsement, simply contact your investment advisor and provide instructions regarding the change.

If you have an existing, updated will, and wish to add Deborah Hospital Foundation as a beneficiary, a Codicil may be right for you.

When you support Deborah Hospital Foundation through a planned gift, we welcome you to our distinguished Heritage Circle Society. Heritage Circle members are honored at an annual Foundation luncheon and are listed in a special section of our Donor of Distinction Wall, prominently located at the front entrance of Deborah Heart and Lung Center.

Click here to let us know that you made a provision for Deborah Hospital Foundation in your Will or Estate Plans, or contact Ellen Krivchenia at 609-893-0100 or ekrivchenia@deborahfoundation.org.

If you are seventy and a half or older, you can make a gift to Deborah Hospital Foundation from your individual retirement account (IRA) or Roth IRA while enjoying a federal tax benefit.

When you make a gift to Deborah from your IRA, you do not recognize the transfer as income. Funds gifted from your IRA will NOT subject your Social Security income to higher tax levels and will count toward your annual minimum required distribution (MRD). As such, no additional charitable deduction is given for your rollover.

The law allows up to $100,000 per IRA owner or beneficiary. (A husband and wife with separate IRAs could give up to $200,000 per year.)

Checks must be made payable directly by your IRA administrator to Deborah Hospital Foundation. Please click here for a Request for Charitable Distribution of Cash Letter to send to your administrator. Please click here for a Request for Charitable Distribution of Stock Letter to send to your administrator.

Please call Tom Drotar or Ellen Krivchenia at 609-893-0100. You can also email Tom at tdrotar@deborahfoundation.org or Ellen at ekrivchenia@deborahfoundation.org with any questions.