Your gift is an investment in our future, helping us grow and thrive for years to come.
You have the power to help safeguard the future of Lafayette General Foundation. How? By making an endowed gift. You may establish a special endowed fund, to support a hospital program or department that is meaningful to you, with a minimum gift of $25,000. The Foundation administers the endowed named funds, which are utilized to provide funding for the hospital in perpetuity.
The earnings will support the hospital, department or program you designate annually. You may add to your endowment at any time. The Foundation staff is available to speak with you about your interests and how you can make an important investment in the future of Lafayette General Health. We will also discuss recognition options for you and your family, based on your personal goals and preferences.
Endowed named funds support many programs and areas of the hospital such as; Emergency Room, Cardiology, Oncology, Cancer Research, Neonatal ICU, and Nursing Scholarships just to name a few.
Here is a Scenario
Longtime supporters Pamela and Robert Owens want to make sure Lafayette General Foundation continues to flourish long after they're gone. They also want to memorialize Robert’s parents, Mr. and Mrs. Owens. So they make a $25,000 donation to Lafayette General Foundation, which we invest. Each year, a portion of the income from the invested money will be used to support our mission in honor of the Owens. The rest of the income is reinvested in the fund; that's what allows it to support us indefinitely. Pamela and Robert Owens qualify for a federal income tax charitable deduction on their taxes.
How to Fund It
You can create an endowed gift using the following assets:
- Appreciated Securities
- Tangible Personal Property
- Real Estate
- Seek the advice of your financial or legal advisor.
- Contact Nancy Broadhurst at ((337) 571-0081 or Ndbroadhurst@lgh.org to discuss endowed gifts.
- If you include Lafayette General Foundation in your plans, please use our legal name and Federal Tax ID.
Legal Name: Lafayette General Foundation
Address: 920 West Pinhook Road, Lafayette Louisiana 70503
Federal Tax ID Number: 37-1766778
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results.