Wilson Society
THERE IS NO GREATER GIFT
Spring 2018
SMART GIVING UNDER THE NEW TAX LAW With the introduction of the most comprehensive tax changes in more than 30 years, we wanted to share some ways you may be able to give smarter, cheaper, and easier under the new law. AppreciAted SecuritieS Though cash may be the first thing you think of to give, consider the benefits of giving appreciated securities that you have held for more than one year: you do not have to pay capital gains tax, and you may still claim a tax deduction for their full fair market value. The more appreciated the asset, the greater the savings. MAxiMizing tAx SAvingS To enjoy the full benefit of your gifts, your total deductions must be greater than the standard deduction ($12,000 for single filers and $24,000 for joint filers). To boost yourself above the standard deduction, you may want to consider increasing your support to HSS in a particular year–a strategy called “bunching.” Planning this way can help to ensure that you receive the full tax benefit from your charitable and other deductible expenses. nAMe HSS AS A BeneficiAry of your retireMent plAn These assets remain taxable when distributed to a loved one but are taxfree when given to HSS. You simply contact your plan administrator, fill out a beneficiary designation form directing either all or a portion of the asset to HSS, and sign your name. Thanks to your support, HSS is advancing musculoskeletal care and scientific understanding, and is changing lives. We invite you to contact our office to discuss your individual situation and how you can achieve your personal and philanthropic goals.
WE ARE AVAILABLE TO HELP YOU TAKE THE NEXT STEP Return the attached reply card Call us at 212.774.7527 E-Mail us at DelsonS@hss.edu Visit us online at hss.edu/legacy The information contained herein is offered for general informational and educational purposes and is not intended as legal or tax advice. For legal or tax advice, please consult an attorney.
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early on, i learned about the great gift a surgeon can give a growing person, and how exceptional HSS is.” Mary Waldron understands the impact the right medical care can have. Her visits to HSS began at age 15 and started her lifelong relationship with the Hospital. “It’s been a wonderful journey,” says Mary. “My surgeries at HSS were a gift that changed my life.”
From knee surgery to scoliosis treatment and double hip and knee replacements, Mary has repeatedly turned to HSS specialists to keep her healthy, and the Hospital has never let her down. “I’ve always had exciting, exceptional results,” Mary reports.
‘‘I can’t think of a greater gift than someone transforming you.’’
Enormously appreciative of the care that HSS has provided, Mary is an enthusiastic supporter of the Hospital and her physicians. In 2007, Mary approached one of her physicians Dr. Mark P. Figgie, Chief of the Surgical Arthritis Service, about her interest in honoring him with a gift. Her interest sparked the creation of the Allan E. Inglis MD Chair in Surgical Arthritis, held by Dr. Figgie and supported by Mary through a gift in her will.
Mary continues to be impressed not only by the unsurpassed level of patient care provided by HSS, but also by how the institution has maintained its leadership and reputation in the field over the many decades. “That’s part of the magic of this Hospital,” she explains. “There is a confidence at HSS; it exudes an aura of excellence.”
From left to right: Surgeon-in-Chief Emeritus Dr. Thomas P. Sulco, Mary Waldron, Chief of the Surgical Arthritis Service Dr. Mark P. Figgie, and Surgeon-in-Chief Dr. Todd J. Albert celebrating the investiture of Dr. Figgie into the Allan E. Inglis MD Chair in Surgical Arthritis.
IRA CHARITABlE RolloVER If you are 70½ or older, you can make tax-free gifts of up to $100,000 directly to HSS from your traditional or Roth IRA.
Why might this gift be right for you? • Your IRA Charitable Rollover gift can satisfy all or part of your required minimum distribution. • You pay no income taxes on the gift. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. • IRA Charitable Rollovers can be used to satisfy multi-year pledges. • Your gift will be put to use today. to initiate this gift, contact your irA administrator. our office is also available to answer any questions you may have.
Yes, I want to make HSS part of my legacy. Name ___________________________________________________________________________ Address _________________________________________________________________________ City_____________________________________ State________ Zip Code __________________ Telephone_______________________________ Best Time to Reach ______________________ Email Address____________________________________________________________________ n I am already a Wilson Society member. Please provide your contact information so we can thank you for your thoughtful gift and include you in the Wilson Society.
YOUR LEGACY WIlSoN SoCIETY For 20 years, the Wilson Society has recognized and thanked donors during their lifetimes for including the Hospital in their estate plans. Named in honor of the late Surgeon-in-Chief Emeriti Dr. Philip D. Wilson, Jr. and Dr. Philip D. Wilson, Sr., the Society is helping HSS create a better future for those affected by musculoskeletal disease–today and for years to come.
Philip D. Wilson, Jr., MD
PlEASE SEND ME MoRE INFoRMATIoN oN: n Making a gift of appreciated securities
n Making a gift to HSS in my retirement account n IRA Charitable Rollovers
n Making a gift to HSS in my will n The Wilson Society
Mail this to us in our envelope or yours. HSS Development 535 East 70th Street, New York, NY 10021
hss.edu/legacy
If you wish to have your name removed from lists used for fundraising requests to support Hospital for Special Surgery or fundraising communications, please email Development@hss.edu, call +1 844.810.1321 (a toll-free number), or send a request to Hospital for Special Surgery, Development Department, 535 East 70th Street, New York, NY 10021.