You are invited to join the Seton Legacy Society by choosing a gift plan that is right for you!

Gifts through your will or trust, retirement plans, and life insurance provide you with special benefits and the satisfaction that you are making a difference for the medical center that made a difference for you. You can leave a legacy for St. Joseph's Regional Medical Center Foundation or St. Joseph's Wayne Hospital Foundation that will insure the continuation of the quality healthcare for the community. What an outstanding legacy that will be!

If you wish to make a gift today but cannot afford to lose the income your assets are providing, we can help. St. Joseph's Foundation can address your financial health just as the hospital cares for your physical wellbeing. Charitable gift annuities and charitable trusts offer you income in return for your gift. Contact us to determine if this is right for you.

Our team of gift planning specialists will help you choose the best way for you to make a difference for St. Joseph's. Please contact us at 973.754.4400 as we create your legacy. 

• Bequests - "I want to leave gifts in my will or trust"
• St. Joseph’s Charitable Gift Annuity - "I want to create income for myself and leave a gift to St. Joseph's."
• Retirement Plan Assets - "I want to use my retirement plans to make a difference."
• Appreciated Assets - "I have assets that would benefit St. Joseph's"
• Life Insurance - "I have life insurance plans for St. Joseph's."
• Charitable Trusts - "Is a charitable trust for me?"
  
   

• Lifetime income at attractive, fixed rates,
• Eligibility for a charitable income tax deduction for a portion of the gift,
• Reduction and deferral of capital gains taxes if appreciated securities are used,
• Part of your annuity payments may be tax-free for a number of years,
• Supporting St. Joseph’s Regional Medical Center Membership in the Seton Legacy Society or St. Joseph’s Wayne Hospital.

• You make a one-time donation of at least $5,000 in cash or appreciated securities to St. Joseph’s. In return for this donation, St. Joseph’s pays one or two individuals of your choosing an annuity each year for life. You can choose to take payments immediately or defer until a later age. 
• You are eligible for an immediate income tax deduction for the part of your contribution that is considered a charitable gift. The annuity payments received may be partially tax-free during the annuitant’s life expectancy. And you can reduce and defer capital gains taxes with donations of appreciated securities. 
• At the end of the lifetime of the annuitant(s), St. Joseph’s benefits by retaining funds remaining from your initial donation. This touches many lives and allows St. Joseph’s to restore hope to some and give the gift of life to others.

• Since retirement plan assets may be subject to both income and estate taxes if left to heirs, estate planners often recommend that you designate all or a portion of the charitable organization like St. Joseph’s,
• By leaving such assets to St. Joseph’s, you can pass other assets to your heirs which may lower the tax burden.

• You should request a “change of beneficiary” form from your retirement plan administrator. On this form, you can name St. Joseph’s as sole or partial beneficiary, or you can name us as a contingent beneficiary in case your immediate beneficiary predeceases you.

• By donating an appreciated asset to St. Joseph’s, you may benefit from an income tax charitable deduction at the current market value and not pay capital gains tax on the asset’s appreciation.

• By leaving the proceeds of an insurance policy to St. Joseph’s the proceeds of the insurance policy will not be subject to estate taxes upon your death. Also, if you transfer ownership of the policy to St. Joseph’s during your lifetime, you may qualify for an income tax charitable deduction and you may deduct the cost of future premium payments.

• If the policy already exists, you should request a “change of beneficiary” form from the insurance company. You can name St. Joseph’s as sole or partial beneficiary or you can name us as a contingent beneficiary in case your primary beneficiary predeceases you.