For more than thirty years Family Health Care has provided free and low cost health and supportive services for people in need in Wyandotte County. Our established goal has been to provide services to people who are otherwise unable to access care due to lack of resources. Over the years Family Health Care has worked to develop as a comprehensive primary care provider for the poor. We have earned designation as a Federally Qualified Health Center, which provides the organization a sturdy source of federal funds for services going forward. During the past several years, FHC has worked put in place our succession plan and added to FHC’s management team – Dr. Erica Findley, our Associate Director and Dr. John Mandeville, an experienced Medical Director, are positioning to take the leadership. We also added providers in medical, dental and mental health. In 2019 we are on-track to provide about 35% more services (additional visits) than the more than 18,000 visits in 2018.

 

We want to re-introduce our Family Health Care Legacy Society to those of you who support and wish to continue to contribute to FHC with a lasting gift for the future. The legacy Society enables supporters to easily leave contributions to sustain Family Health Care’s work of providing care for those who cannot afford services. This includes gifts of appreciated stocks and securities, bequests, life insurance policies, retirement plan assets, real estate property, appreciated securities, trusts, IRAs, and other life income agreements,

 

By making a planned gift now, you will help ensure that Family Health Care will continue to offer quality health care and supportive services to individuals and families in our community for years to come. Thank you for your support of the Family Health Care mission to help our neighbors to better health throughout the past thirty years and into the future.

 

 

This year as for the past thirty years, Family Health Care has relied on many people and organizations in our community to support our work providing low cost health care to vulnerable populations. We are most appreciative of the trust you place in us to steward your investments and thank you deeply for your contributions.

 

Warmest regards,


 

Family Health Care’s Legacy Society has a Community Foundation fund. Help us grow the fund by donating today for the future.

If you are over 70.5 years old, you are required to begin to take distributions from your IRA’s. These distributions may be paid directly from your IRA to Family Health Care’s charitable fund at the Kansas City Community Foundation and the amount will not be counted in your taxable income for the year, which may result in tax savings for you.

You don’t have to be 70 to consider donations from retirement plans, securities, annuities, life insurance or through an addition to your will. LAPA Fundraising Corporation notes the following considerations: 

 

Charitable Gift Annuities

A charitable gift annuity (CGA) provides you (and/or another beneficiary) with a payment stream for life, and Family Health Care will receive the remainder of the gift upon your death(s). The payout rate for your income payments is based upon the age of the beneficiary at the time the payments begin, and you’ll qualify for a charitable deduction based on the contribution portion of the purchase of the CGA.

 

 

Your Will

Consider reviewing your will or estate plan- A charitable bequest to Family Health Care, as an amount, a percentage or the remainder after you have provided for your loved ones, will also allow you to create a philanthropic legacy while providing estate tax relief.

 

 

Life Insurance

If you have a life insurance policy that you no longer need (since the kids have grown, or other life changes), donating it to Family Health Care may allow you to take advantage of a charitable tax deduction. For a paid-up policy, you’ll benefit from an income tax deduction equal to the replacement value of the policy or the tax basis (premiums paid on the policy up until the date of the gift), whichever is less. If premiums remain to be paid, future annual premiums (paid to Family Health Care) will qualify as tax-deductible charitable gifts. 

 

 

 

Retirement Plans/IRA’s

IRAs, 401(K), 403(B) and other retirement accounts grow tax-deferred, often becoming quite large over the years. Unlike many other types of investments, funds withdrawn from retirement accounts can be taxable to you or your heirs.

Designating Family Health Care as the beneficiary of your retirement account may be a very tax-savvy thing to do. This removes the amount from your taxable estate and avoids taxes for your heirs.

 

Securities

Gifts of stocks and mutual funds are an extremely tax-efficient gifting option. A gift to Family Health Care of highly-appreciated securities (if you have owned the stocks for a minimum of 12 months) offers you two-fold tax savings by – 1) avoiding the capital gains taxes and 2)  earning the income tax deduction (up to 30% of your adjusted gross income) for the full fair market value of the gift, regardless of cost to you. how much you paid for the shares when you bought them. (Stock should be owned for more than one year to qualify for the tax advantages.)