Giving

 
Create a Meaningful Legacy with a Gift in your
Will, Trust or Retirement Plan

ALL GIFTS, LARGE OR SMALL, NOW OR IN THE FUTURE, MAKE A MEANINGFUL IMPACT
ON THE FUTURE OF HEALTH CARE WITH SCRIPPS HEALTH.

By adding a few simple words in your will or trust, or by designating us as the beneficiary of your retirement plan, life insurance policy or commercial annuity, your gifts will save lives for generations to come by helping us to build state-of-the-art facilities, to purchase the latest technology and equipment so that we can provide the very best compassionate, patient-centered care by our leading health care providers.   It's Easy.  Here's How.

A.  Gifts in Wills or Trusts.

__  Step 1:  Decide on the amount of your gift (specific dollar amount, specific property, or percentage of your total estate)
__  Step 2:  Be sure to use our correct legal name (see below)
__  Step 3:  Contact your legal professional to make a simple change to your will or trust or see instructions below for designating Scripps Health as the beneficiary of your retirement plan, life insurance or commercial annuity. 

Don't have a will or trust?  Call us to find out how to get started.


Corporate Name:  SCRIPPS HEALTH

Type of Corporation:  501(c)(3) California non-profit corporation
Tax ID #:  95-1684089
Address:  P.O. Box 2669, La Jolla, CA  92038-2669

The few simple words:   Suggested Gift Language for your Will or Trust:

  • “I give to Scripps Health the sum of $______________ to be used for its general purposes.” 
  • “I give to Scripps Health  _____% (insert percentage) of the rest, residue and remainder of my estate to be used for its general purposes.”
  • “I give to Scripps Health all of the rest, residue and remainder of my estate to be used for its general purposes.”
  • “I give to Scripps Health the real property known as _________ (insert street address, Assessor's Parcel Number and legal description of real property) to be used for its general purposes.”
  • “I give to Scripps Health my ____________ (provide description of bank account(s), stocks, bonds, mutual funds or specific personal property) to be used for its general purposes.”

       Restricted Gifts.  You may also restrict your gift to a specific Scripps hospital campus, facility or program.  When considering a restricted gift, please keep in mind that healthcare is changing at a fast pace and the program or facility may no longer be in existence or "in need" when the estate gift is received.  Please contact a Gift Planning Officer to discuss the appropriate language so that we can ensure that your gift is implemented according to your wishes when the gift is received.  We’re here to help!

We hope that you will let us know so that we can thank you and invite you to become a member of one of the Heritage Circles. 


BRETIREMENT PLANS - BENEFICIARY DESIGNATIONS:

Retirement plan assets such as Individual Retirement Accounts (IRAs), 401k, 403b accounts, thrift savings accounts etc. are easy-to-give assets that pass completely income tax-free to Scripps Health without probate proceedings and without complex trust or estate administration proceedings.  Scripps Health, a 501c(3) non-profit California corporation, is a qualified tax-exempt charity and does not pay income taxes on distributions from retirement plan assets
If you designate your non-spousal family or friends as beneficiaries, then much of the retirement account or plan will be taxed when the account is distributed (after your passing). 
Choosing Scripps Health as the beneficiary of your retirement plan ensures that your hard earned money goes to a cause you care about instead of the Internal Revenue Service and Franchise Tax Board. 
The example below shows the tax benefits of giving retirement plan assets to Scripps Health and leaving other non-taxed assets to family.

A Typical Example
 
Constance has a $100,000 retirement plan. She would like to support a specific Scripps medical program through her estate, namely cancer care.  She would also like to leave an inheritance to her brother after she passes away.
If Constance designates Scripps as beneficiary: If Constance designates her brother as beneficiary:
  • 100% of her plan’s assets will be distributed to Scripps to be used for cancer care—tax-free.
  • Scripps will receive the full $100,000
  • He will have to pay an estimated 37.3 percent or $37,300 in taxes.*
  • Brother will receive just $62,700, not $100,000.
* Based on single taxpayer brackets for 2016. Tax rates could be higher or lower, depending on other income and deductions attributed to the taxpayer.
Constance could more effectively provide for her brother by leaving non-taxable assets to him (e.g., cash or appreciated stocks, mutual funds or real estate, which assets receive a step-up in tax basis at her death).

       Easy Steps – Making the Gift is as Easy as 1, 2, 3

          The process for choosing Scripps as a beneficiary of your Retirement Plan is simple:
__ Step 1.   Order a Beneficiary Designation Form from your retirement plan administrator.
__ Step 2.   Complete the form and include Scripps Health as beneficiary of part or all of your plan/account.
__ Step 3.   Sign, date and send or deliver the form to your retirement plan administrator for processing.
You will receive confirmation that your plan administrator has accepted the form.  
That’s all there is to it!


We hope that you will let us know so that we can thank you and invite you to become a member of one of our Heritage Circles. 
 
C.  Life Insurance Policies & Commercial Annuities - Beneficiary Designations

Life Insurance Policies and Commercial Annuities pass to the "designated beneficiary" after the death of the "insured" or the "annuitant," as applicable, the same way as retirement plans.

__ Step 1.   Order a Beneficiary Designation Form from your life insurance company or annuity policy administrator.
__ Step 2.   Complete the form and include Scripps Health as beneficiary of part or all of your policy.
__ Step 3.   Sign, date and send or deliver the form to the life insurance company or policy administrator for processing.
You will receive confirmation that your company or administrator has accepted the form.  
That’s all there is to it!


We hope that you will let us know so that we can thank you and invite you to become a member of one of the Heritage Circles. 

D.  Scripps Heritage Circle and Mercy McAuley Heritage Circle

       
All planned giving donors who have notified the Scripps Health Foundation that they have included Scripps Health in their wills, trusts, retirement plans, life insurance and other planned gift arrangements are invited to join the Scripps Heritage Circle or the Mercy McAuley Heritage Circle (for those who include Scripps Mercy in their estates).  As members of  this legacy society, we provide exclusive invitations to special events as we welcome you into the Scripps Health family.  Members enjoy subscriptions to Scripps Health Foundation publications, invitations to medical briefings by noted physicians and guest speakers, an invitation to our annual Heritage Circle recognition luncheon and to other exclusive events.

E.  Processing of Planned Gifts:

       All planned gifts, including bequests, beneficiary designations and trust terminations, are administered through the Office of Gift Planning at Scripps Health Foundation

     The Trustee's Notification or Notice of Petition to Administer Estate should be sent by the Trustee,  Executor, Administrator or other Personal Representative to the Office of Gift Planning to ensure that the gift is recorded accurately, the funds are deposited into the appropriate account and the gift is used according to the intent of the donor.
 

F.  Who we are:


   HOSPITALS AND FACILITIES:
             Scripps Memorial Hospital La Jolla
             Scripps Green Hospital
             Scripps Mercy Hospital (Hillcrest and Chula Vista campuses)
             Scripps Memorial Hospital Encinitas
             Scripps Hospice
             Scripps Home Health Care
             Scripps Clinic
             Scripps Coastal
             Scripps Whittier Diabetes Institute
             Scripps Genomic Medicine
             Scripps Translational Science  Institute

   MEDICAL SPECIALTIES & CARE LINES:
             Oncology and Cancer Care
             Cardiovascular/Heart/Stroke Care
             Hospice and Home Based Care
             Musculoskeletal/Orthopedics
             Diabetes
             Neurology
             Maternal and Infant
             Internal Medicine
             Behavioral Health
             Rheumatology
             Transplant
             Emergency/Trauma services
          Please contact us for more specialties


Questions?  We're Here to Help!

David E. Williams, Esq.
Senior Director of Gift Planning
williams.dave@scrippshealth.org
858-678-6359
 
Janet H. McDonough, Esq
Director of Gift Planning
mcdonough.janet@scrippshealth.org
858-678-6344

Gift Planning Department Phone858-678-7120
(Fabiola Esparza, Gift Planning Coordinator)
email:  giftplanning@scrippshealth.org
website:  http://www.scrippsheritage.org/
Toll Free Number:  (800) 326-3776
Fax:  (858) 678-6336

Mailing Address:
   Scripps Health Foundation
   Office of Gift Planning
   P O Box 2669, CPB 217
   La Jolla, CA 92038-2669

Physical Office Address of the Scripps Health  Foundation:
   Scripps Health Foundation
   Office of Gift Planning
   4275 Campus Point Court, Suite 138
   San Diego, CA 92121

     

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