Types of Gifts We Accept

There are as many types of gifts as there are reasons for giving. Following are types of gifts that Hartford Hospital accepts.

         Cash/Check/Credit Card

         Corporate Matching Gifts

Individual gifts may also be eligible for a matching contribution from a donor’s company. Employees or retirees should check their company’s eligibility guidelines and then submit their matching gift form to the Philanthropy Department.

        Appreciated Securities (Stock Gifts)

Hartford Hospital will accept gifts of readily marketable securities and will incur the costs relative to their disposal. All gifts will be sold immediately upon receipt unless the hospital determines that there is a reason to hold a specific security. The value of the gift of stock is based on the fair market values as determined by the broker on the date the gift is received by the Hartford Hospital account. For account information, click here.

        Gifts of Real Estate

All gifts of real estate will be reviewed on a case-by-case basis before acceptance, taking into consideration matters such as physical condition of the property, likelihood of an immediate sale, current market analysis, and environmental issues. If considered, the donor must provide appropriate documentation that the property is free of hazardous wastes or potentially dangerous materials, including refuse, abandoned structures, used vehicles and chemical materials of any kind. The donor will also be asked to provide appropriate and relevant documents such as deed, current property tax bill, title reports, surveys, appraisal by a qualified and independent appraiser etc, at personal expense.

        Gifts of Personal Property (In-Kind Gifts)

A gift of personal property may be accepted only upon review and approval by the Department of Philanthropy and may take into consideration issues such as, but not limited to marketability; applicability to the Hospital’s purpose; undue restrictions on the use, display or sale; repairs; transportation; storage; and maintenance. Hartford Hospital cannot appraise or place a value on a gift-in-kind contribution for the donor’s income tax purposes.

        Gifts of Life Insurance

Hartford Hospital will accept gifts of life insurance if the policy is paid up and the Hospital is the designated owner and beneficiary of the policy. The Hospital will also accept designation as the primary or contingent beneficiary of a life insurance policy that continues to be owned by the donor.

        Planned Gifts and Life Income Arrangements 

Outside trustees are required for all trust arrangements, and the donor, working with his/her attorney, must select the Trustee. Except for the charitable gift annuity agreement, documentation for all other planned giving arrangements must be prepared by the donor’s attorney. Hartford Hospital encourages the following planned gift options:

  • Charitable Gift Annuities
  • Charitable Remainder Trusts
  • Charitable Lead Trusts
  • Bequests
  • Retained Life Estates
  • Retirement Plan Assets

        Named and Endowed Funds

Hartford Hospital accepts designated named and endowed funds subject to a minimum contribution level as approved by the Department of Philanthropy, based on existing policy.