>back to Foundation |  | The Gift That Keeps on Giving
 Joe and Susan Dewgood have made an annual gift to The Foundation for Knox Community Hospital. They are planning for retirement and formulating some financial plans for the future. They want to provide for the community health care agenda as well as their family's needs long after they are gone. Joe and Susan decide to endow their annual gift.
An endowed gift can be made by:
- An outright gift of cash or stock
- The purchase or assignment of a life insurance policy naming the Foundation as a beneficiary of any IRA or a Will
- The creation of a vehicle such as a charitable gift annuity or a charitable trust
In addition to providing on-going support for the health and well being of our community, charitable gifts may provide the donor with:
- An income tax charitable deduction
- An estate tax charitable deduction and/or
- Capital gains tax avoidance
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