How to Give

Annual Gifts

Giving through appeals for support provides a steady stream of funding to support each of the Foundation's programs. Gifts can be accepted via check, credit card and QR Code giving.

Sustainers Circle

The Sustainer's Circle is a special group of donors who provide a continual stream of support for Foundation programs through their regularly scheduled monthly contributions.

Honorarium

Want to recognize the accomplishments of a family, friend, or colleague? Every year the Foundation honors PAMED's outgoing president, our way of saying "thank you" to the leader of PAMED for his or her support of our core programs. Through the Foundation's Honorarium Gifts, you can honor individuals that have made a difference in your life or the lives of others.

Memorial Gifts

Creating a lasting remembrance of someone who has been a valuable contributor to the medical community can be both an acknowledgement of their career, and what their memory means to you personally. Through memorial gifts, the Foundation will be able to pay it forward in their honor.

The IRA Gift (QCD)

If you are age 70½ or older, you can make a meaningful impact through a Qualified Charitable Distribution (QCD), also known as an IRA charitable rollover. A QCD allows you to transfer funds directly from your traditional IRA to The Foundation of the Pennsylvania Medical Society— supporting the causes you care about while potentially reducing your taxable income.

Benefits of an IRA Gift

Satisfy all or part of your Required Minimum Distribution (RMD)
Reduce taxable income, even if you do not itemize deductions
Make an immediate difference through charitable giving
Support the mission of the Foundation of the Pennsylvania Medical Society in a tax-efficient way and direct your gift to a program or area of your choice.

How It Works

A Qualified Charitable Distribution allows eligible individuals to transfer up to the annual IRS limit directly from an IRA to qualified charities. Because the funds go directly to the Foundation, the distribution may not be counted as taxable income.

To qualify:

You must be age 70½ or older
Gifts must come directly from your IRA custodian to the Foundation of the Pennsylvania Medical Society.
Distributions from employer-sponsored retirement plans such as 401(k)s do not qualify

Making Your Gift

To make an IRA charitable gift, contact your IRA administrator and request a direct Qualified Charitable Distribution to our Foundation.

Information that you may need for the QCD is provided at the bottom of the page.

Stocks and Bonds

Donating appreciated stocks, bonds, or mutual funds can be a powerful way to support our mission while potentially providing tax benefits to you.

Why Give Securities?

When you donate long-term appreciated securities directly to our organization, you may be able to:

Avoid capital gains taxes
Receive a charitable income tax deduction for the full fair market value
Make a larger impact without affecting your cash flow

What Can Be Donated?

We can accept many types of publicly traded securities, including:

Stocks
Bonds
Mutual funds

How to Make a Gift

Electronic transfer is the easiest and most secure way to donate securities. To begin the process:

Contact your broker or financial advisor
Request a transfer of securities to our brokerage account

Retirement Assets

A gift of retirement assets is one of the most tax-wise ways to support our mission while creating a lasting legacy.

By naming The Foundation of the Pennsylvania Medical Society as a beneficiary of your IRA, 401(k), 403(b), pension, or tax-sheltered annuity, you can make a meaningful future gift while potentially reducing taxes for your loved ones.

Beneficiary designations are easy to arrange and can generally be updated at any time. You may choose to leave a specific amount, a percentage, or the remainder of your retirement account to support The Foundations’ work. By naming The Foundation of the Pennsylvania Medical Society as a beneficiary, your gift may help reduce taxes on your estate while making a meaningful future impact.

Benefits of Giving Retirement Assets

Continue using your retirement funds during your lifetime
Maintain flexibility — beneficiary designations can usually be changed at any time
Potentially reduce income and estate taxes for your heirs
Create a lasting charitable legacy with a simple planning tool

How to Make a Gift of Retirement Assets

To make this type of gift, simply request a beneficiary designation form from your retirement plan administrator and name The Foundation of the Pennsylvania Medical Society as a beneficiary of your plan and name the percentage of your remaining assets that you want us to receive.

Life Insurance

Life Insurance is a valuable asset for making a charitable gift. You can make a gift of a life insurance policy without diminishing other investments or assets earmarked for family members. A gift of a life insurance policy, that you no longer need, can be an easy way to provide generous support to The Foundation of the Pennsylvania Medical Society.

Real Estate

A gift of real estate allows you to preserve your cash assets, receive tax and income advantages, and make a significant charitable gift to The Foundation.

There are many options for donating your home, second home, commercial building, vacant land, farm, or other real estate to The Foundation of the Pennsylvania Medical Society. There may be a gift plan available that will help you achieve your charitable and financial goals.

We would be happy to discuss with you which option best fits your goals.

Personal Property

A gift of artwork, coins, antiques, or other personal property can be an excellent way to support The Foundation.

Donor Advised Fund (DAF)

A donor-advised fund (DAF) is a simple, tax-efficient way to support the causes you care about. If you already have a DAF, you can recommend a grant to support our mission in just a few steps. Creating a Donor Advised Fund can provide you with immediate tax benefits while making your charitable giving easier for years to come.

Why Donors Choose Donor-Advised Funds

Simple and convenient charitable giving
Immediate potential tax benefit
Ability to support multiple nonprofits over time
Centralized recordkeeping for donations
Opportunity for long-term philanthropic planning

How Donor-Advised Fund Works

1. Open a Donor-Advised Fund Account.

Establish a DAF through a sponsoring organization or contact your donor-advised fund administrator.

2. Contribute to Your Fund

Donate cash, appreciated securities, or other eligible assets to your DAF. Contributions are generally tax-deductible to the extent allowed by law.

3. Growing Your Charitable Giving

Assets in your DAF can be invested for potential tax-free growth, increasing your charitable impact over time.

4. Recommend Grants

Recommend grants from your DAF to qualified nonprofit organizations whenever you are ready.

5. Create a Lasting Legacy

You can involve family members in your charitable giving and continue supporting causes important to you for generations.

The Foundation of the Pennsylvania Medical Society is grateful for grants that come from Donor-Advised Funds. If you are considering establishing a Donor-Advised Fund, we can suggest several sponsors for your review. You should also consult your professional advisor for guidance.

If you include The Foundation of the Pennsylvania Medical Society in your plans, please be sure to use our legal name and federal tax ID.

Legal Name: The Foundation of the Pennsylvania Medical Society

Address: 400 Winding Creek Blvd., Mechanicsburg, PA 17050-1885

Federal Tax ID Number: 37-1732501

For more information, contact our Manager of Philanthropy and Hospital Relations Lori Storm, (717) 558-7813 or lstorm@pamedsoc.org