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Frequently Asked Questions
How do I make a donation?
Any individual, corporation, foundation or other organization may make a gift payable to the Palisades Medical Center Foundation. To make a donation, to learn more or to get involved, please contact the Foundation office.
Is my gift to the Palisades Medical Center Foundation tax deductible?
Palisades Medical Center Foundation is a registered 501(c)3 organization with the IRS. Your deduction is tax deductible to the fullest extent of the law. We suggest that you contact your personal financial or tax advisor.
Where will my gift be used?
Gifts to the Foundation are used to benefit and meet the mission of the Medical Center. The Foundation is establishing an endowment fund to ensure ongoing financial support. Additionally, there are many equipment and programmatic needs. A list of these is available upon request.
Will my name be made public?
The Foundation will periodically publish the names of donors in the Foundation newsletter and on the website. If you wish to remain anonymous, please indicate this on the donation/pledge form.
Will you accept gifts over a period of time?
Yes. The Foundation recognizes that in many cases, the ability to spread the payments of a gift out over a period of time allows for donors to increase their overall commitment to the Foundation.
Can I recognize a person through a memorial or honor gift?
Yes. Ask for “Naming Opportunities” for suggestions about tribute gifts. If there is another area not on the list to which you wish to direct your gift, please let us know.
What is planned giving and do you have a planned giving program?
Many people refer to planned giving as a gift of marketable securities such as stocks or bonds. Planned giving includes financial vehicles that benefit the donors in many ways, including income production, tax benefits now and for your estate, as well as income for other family members after you are gone. Palisades Medical Center Foundation offers quarterly seminars on how planned giving may benefit you now and your heirs later. Ask for our “Ways of Giving” document that includes a brief description of some of the vehicles available.