Are You an Incredible Giver?

The Foundation’s growth is related to the stories of the people who give. Those who support PRMC through their giving encourage and motivate others to do the same. It is an honor to be able to tell their stories. The following motivating story comes from a fundraising consulting firm in Chicago.

A consultant was visiting with a high profile donor in Houston. During their conversation, the donor mentioned some of the organizations he supported and the amount he gave. His philanthropy was inspirational.

The consultant mentioned that he was very impressed at the amount he was giving. The donor was modest about his philanthropy, but he told the consultant that he was giving 50% of his annual income.

Fifty percent!!!

The consultant asked if it was a stretch or a hardship to give at that level. The donor told him that it hadn’t changed his style or level of living. He said, as a matter of fact, when he decided to give 50% - his business began to flourish and expand in monumental proportions. He also mentioned several others in Houston who were giving 50% of their income. And their businesses, also, have prospered.

A week later, the consultant visited a donor in Grand Rapids and he told him that he was giving 50% of his income to philanthropy. When he decided to do this, his business exploded. “Now it takes all the time I have to give it away,” he stated.

This is inspiring. We can not guarantee that giving will increase your business and many cannot afford to do this but some can. This group of 50% givers had no reservations - the rewards were greater than the gift. They experienced gratification regardless of the recognition level - a great reward.

I do not know if we have anyone giving at this level. But we have had some generous gifts from great people. If you are a 50% giver, and you are willing to encourage others, let me tell your story.

Year-End Gift Planning Ideas

There are several year-end charitable gift ideas. We will send you a “Year-End Tax Checklist” brochure with the October Torchbearer for your convenience but thought we would offer the following ideas as well.

• Give securities that have grown in value (owned more than one year).
• Give through your IRA if you are over age 70 ½ (call for more information).
• Contribute appreciated real estate.
• Make a gift that retains lifetime income for you and/or others.
• Give surplus life insurance.

PHF Awarded State Tax Credits

The Kansas Department of Commerce announced in July that PRMC has been awarded Community Service Credits or Tax Credits. Anyone who pays Kansas Income Tax can direct their Kansas Tax dollars to PRMC. If you are in the higher tax brackets the 70% Kansas tax credits cost very little. The tax credit money will be used to purchase and install a Patient Lift System and Bariatric beds. Please call the PHF office (672-6411) if you would like your Kansas Income Tax money to be used in south-central Kansas to take care of your friends and family.

A publication of the Pratt Health Foundation (PHF)
203 S. Main * Pratt, Kansas 67124
( PHF and PRMC are 501(c)3 charitable healthcare organizations.)