It’s always an excellent time to evaluate your estate plan and consider ways you can make a gift to support the Block Island Medical Center, strengthening the foundation of health care for all on Block Island.

Give from your IRA

Benefits of making a Qualified Charitable Distribution (QCD) gift directly to BIHS from your IRA:

• At age 70 ½ or older at the time of your gift, you may make gifts (up to $100,000) tax-free

• At age 73 or older and must take a Required Minimum Distribution (RMD), you may give a QCD to BIHS without increasing your income taxes

• Gifts go directly from your IRA to BIHS

• Consider setting up an annual gift to BIHS from your IRA

Contact your IRA administrator to request a Qualified Charitable Distribution to BIHS from your IRA.

How to name BIHS as the recipient of charitable donation:

Block Island Health Services, Inc, PO Box 919, Block Island, RI 02807, a Rhode Island nonprofit corporation, or its successor, Federal Tax Identification Number 22-2570482

Leave a gift to BIHS in your will

Create a legacy of support for Block Island’s health care by adding BIHS to your will:

• Give a particular amount of money

• Give a specific item or items, for example, a certain number of shares of stock

• Give a remainder of your estate (a residuary bequest) after all other bequests, debts, and taxes have been paid

Be sure BIHS is accurately named in your estate plan or will:

Legal name:  Block Island Health Services

Mailing address:  PO Box 919  Block Island, RI 02807

Federal tax ID number: 22-2570482

—

Please consult your tax and investment advisor(s) for individual advice and instructions.

Block Island Health Services, Inc. is a tax-exempt non-profit organization under section 501(c)3 of the Internal Revenue Code

You will receive a tax receipt for your records after your donation is processed.