Ways of Giving
You Can Make a Difference!
Whether you are an individual, business, organization or family, your gifts of time and/or money make a significant difference in the level of care we provide at Adirondack Medical Center . Your philanthropic gifts are directed toward the development, advancement and preservation of a variety of health care programs, and your gift of time provides that special touch that sets Adirondack Medical Center apart.
Gifts of Cash
Gifts of cash make an immediate impact on programs and services. It is the most common gift and the one you probably think of first. All cash donations are deductible if you itemize in the year of contribution and up to a limit of 50 percent of your adjusted gross income less any required reductions based on your income. Any excess contributions can be carried forward for the next five years. We accept gifts in the form of cash, check or credit card (Visa, MasterCard, American Express and Discover).
Give by Credit Card
To make giving easier, AMC Foundation accepts American Express, MasterCard and VISA.
Click here for details.
Gifts of Appreciated Assets
Gifts of appreciated assets often offer valuable tax advantages. You may receive a charitable income tax deduction for the full value of the gift. You may also save on capital gains and state taxes. Call the Foundation Office at 897-2348 for information to transfer appreciated assets to Adirondack Medical Center. Memorial & Honor Gifts
You can make a gift in memory of a friend or loved one. This can be done at the time of death or on the anniversry of a significant date, such as a birthday or a holiday.
A donation can be made in honor of anyone you choose on the occasion of his or her birthday, graduation, anniversary or other opportunities. It is the perfect gift for thanking or recognizing someone special or a gift for someone who has everything.
Life Insurance Gifts Do you have life insurance policies that are no longer needed? You may either donate the life insurance policy to Adirondack Medical Center Foundation, or simply name us as the beneficiary of a life insurance policy. For the gift of a paid-up policy, you will be entitled to an income tax deduction equal to the lesser of the cash value of the policy or the total premiums paid. To qualify for the federal charitable contribution deduction on a gift of an existing policy you must name the charity owner and beneficiary. Even if you are still paying premiums on your policy you can give it away, and future gifts to us to pay the premiums will be tax deductible. Of course, the easiest way to use life insurance for charitable giving is to simply name Adirondack Medical Center Foundation as the beneficiary of a policy. There are no current tax benefits to this arrangement because it is not irrevocable, and it is only partial interest in the policy; however, it provides a very generous gift with attractive tax benefits upon your death.
Gifts of Property
AN OUTRIGHT GIFT - If you own property that is fully paid off, has appreciated in value and that you no longer need or use, such as a second home or vacation property, an outright gift may be the simplest solution. You can deduct the fair market value of your gift and avoid all capital gains taxes. Plus, you no longer have to worry about the carrying costs of continued ownership, and you have removed that asset from your taxable estate.
A RETAINED LIFE ESTATE - Did you know you can transfer the deed of your personal residence or farm to Adirondack Medical Center Foundation now and keep the right to use the property for your lifetime and that of your spouse? You will receive a current charitable deduction in an amount that is based upon your life expectancy and the value of the property.
TANGIBLE PERSONAL PROPERTY - Many items of tangible personal property make suitable charitable gifts. The available tax deduction depends on whether or not the charity will use the property in a way that is related to its tax-exempt purpose.
Estate & Planned Gifts
PLANNED GIFTS - Through planned giving, you can make provisions for Adirondack Medical Center to receive a gift at some time in the future, usually after your death. There are a variety of planned giving options that provide significant tax advantages, both to you and your heirs.
SPECIFIC BEQUESTS - Many who are concerned about preserving current income, but still want to make a special gift to Adirondack Medical Center decide to remember us in their wills. Bequests are the most popular type of planned gifts. Anything you leave to charity will reduce the size of your taxable estate while helping a good cause. Made through a will, specific bequests direct a designated amount or specific estate assets to Adirondack Medical Center.
BANK ACCOUNTS & CDs - Are you aware that you can name Adirondack Medical Center as the "payable-on-death beneficiary" of your bank accounts (savings or checking) or on any certificates of deposit? You own the assets for your lifetime and have them available for your use. Upon your death, the assets pass directly to us without going through probate. Simply visit your bank and request to name a beneficiary on your accounts or CDs. You will be asked to fill out a form and you can change your beneficiary designation anytime you wish.
RESIDUAL BEQUESTS - Made through a will, residual bequests consist of all or part of the estate that is left after specific bequests are honored.
CONTINGENT BEQUESTS - Made through a will, contingent bequests designate assets to Adirondack Medical Center in the event of a death of another beneficiary.
TRUST REMAINDER BEQUESTS - Created by a will or lifetime trust agreement that provides an income stream to a loved one, trust remainder bequests consist of all or part of the remaining trust principal after the death of the beneficiary.
CHARITABLE REMAINDER TRUSTS - Separately invested trusts created by a gift of cash or appreciated property. The trust pays the donor or designated beneficiaries an income stream for life or a specified period of time. At the termination of the trust, the assets are transferred to Adirondack Medical Center Foundation.
CHARITABLE LEAD TRUSTS - The charitable lead trust operates in the reverse of a trust, generating current annual income from the trust to Adirondack Medical Center Foundation over a period of years. When the trust expires, the remainder is distributed to the donor or other beneficiaries.
Major Gifts and Campaigns
Individuals, corporations and foundations are invited to consider major gifts of $25,000 or more to hospital programs and capital projects of importance to the donor. During periods when major capital needs are present at the hospital, the entire family of Adirondack Medical Center 's staff, volunteers, and donors join together in a major gifts capital campaign.
Call 897-2348 or 2370 for further information.
Share the Spirit & Volunteer
There are many reasons people volunteer at Adirondack Medical Center. Some have extra time they want to share, while some have an interest in health care as a career and want to see if they enjoy the environment. Still others need credit for class or community service hours for a scholarship or resume. Some may have had a career in health care and volunteering is an exciting way to re-enter that world. Or, perhaps a family member or friend was hospitalized and volunteering is a way to "give back".
Whatever reason brings you to think about giving your time and talents to Adirondack Medical Center, we appreciate your interest.
By becoming a volunteer at Adirondack Medical Center, you will make a difference in the lives of our patients and their families. You will also support the work of the medical center's staff and contribute to our healing environment.
Our volunteers assist in many, many ways--some interact directly with patients and families and some do not. We have positions that involve a lot of walking and some where you remain in one place for your shift. We try to accommodate your interests and talents while keeping in mind the needs of our hospital.
We ask that you come to Adirondack Medical Center with a positive attitude about service, an ability to learn and follow direction, and the desire to commit to a volunteer position. We do require that volunteers be at least 14 years old and are able to communicate clearly.
What you can expect from us is the opportunity to utilize your talents, to hone new skills and to learn from colleagues who value you as a partner in caring.
Become a Volunteer
The next step is up to you! If you are interested in the various volunteer opportunities at Adirondack Medical Center or becoming a member of the Auxiliary, please call Linda Skiff, the Volunteer Coordinator, at 897-2230, or e-mail her at lskiff@amcCares.org.
||AMC is accredited by the Joint Commission. Click here to view the Joint Commission Public Notice.
||AMC is accredited by the Healthcare Facilities Accreditation Program.
||Adirondack Medical Center's Bariatric Program and Dr. Michael Hill have been designated as a Center of Excellence by the American Society for Bariatric Surgery.