THE FOUNDATION: Helping Others

One of the greatest rewards in life is the ability to help others. This is the belief of the North Texas Medical Center (NTMC) Foundation. The NTMC Foundation exists to assist NTMC in serving the community's health care needs in the years to come. The foundation, established as the Gainesville Memorial Hospital Endowment Fund, was developed during the 1980s, when hospitals experienced severely reduced reimbursements on both the state and federal levels. It became essential to create an organization to handle donations to assist the hospital with purchases of needed equipment and funding of building and improvement projects, all of which are designed to offer the residents of Cooke County the best possible health care.

As a nonprofit corporation, the foundation is able to plan, direct and manage projects and activities designed to build a greater public understanding and increased philanthropic support of NTMC.

Support for the hospital is actively sought through major gift solicitation, corporate and foundation support, capital campaigns, planned giving, special events, and individual gifts.

WAYS TO GIVE

A memorial or honor gift with options
This can be either (a) invested in endowment and never spent so as to continually produce interest utilized for future medical equipment purchases; or (b) earmarked for specific purchases by the foundation for NTMC.

A memorial gift pays tribute to a loved one. An honor gift is given in tribute of a birthday, anniversary, birth of a child or a holiday, or expresses appreciation to a hospital staff member or a physician. Regardless of the size, all financial gifts are equally appreciated.
 

Planned gifts
These are arranged during a donor's lifetime, but not received by the foundation until a later date. Bequests, life insurance, real estate and appreciated securities are just a few examples of planned giving. This type of giving may offer you immediate tax benefits, as well as lower taxes on your estate. Planned giving guarantees that your interest, concerns and values are met, even after death. It is recommended that donors consult with legal or tax counsel regarding tax regulations in relation to their gift.

The Foundation Board