The Gift That Keeps on Giving

Steve Littleson, president of Jersey Shore University Medical Center, presents Mrs. Patricia M. Boyd with a plaque gratefully acknowledging her charitable gift annuity in support of the future of the medical center.

Mrs. Patricia Boyd has quite a history with Jersey Shore University Medical Center. She was born at Ann May Memorial Homeopathic Hospital, the predecessor to Jersey Shore. In the 1930s, the hospital — then known as Raleigh Fitkin– Paul Morgan Memorial Hospital — carried the name of her father, Paul Morgan. She was even a founding member of the Fitkin-Morgan Auxiliary.

You might not be surprised to hear that Mrs. Boyd has established a charitable gift annuity to benefit Jersey Shore. What may surprise you, though, is that a charitable gift annuity can benefit you too!

“I wasn’t looking for a way to be philanthropic, I’ll be honest with you,” states Mrs. Boyd. “But when I saw the numbers, I knew this was a good deal!” A charitable gift annuity to the Medical Center provides:

• guaranteed income for life at attractive rates
• tax savings that include a charitable deduction the first year
• a partially tax-free payment in most cases, increasing each payment’s after-tax value
• possible benefits from reduced probate costs and estate taxes.

that their gift helps to provide for the future of an important community resource. “Jersey Shore has such a rich history, and it has grown in many ways over the years,” says Mrs. Boyd. “Now I know that future generations of doctors and patients will continue to benefit from what Jersey Shore offers.”

For more information about charitable gift annuities that support your community medical center, or to learn more about planned giving, please call Michael McGarry, director of Planned Giving, at 732-751-5118.