Donations can be made in memory of a loved one or friend at local funeral homes or at the Miramichi Regional Hospital Foundation.

The Miramichi Regional Hospital Foundation ensures that donor funding is allocated as intended by the donor.  The Donor Receipt policy ensures that donors’ wishes are respected and simplifies the local Funeral Homes’ involvement by providing one point of contact within the hospital.  Local Funeral Homes assists with memorial donations by playing an integral role in collecting funds.

The Miramichi Regional Hospital Foundation is the sole recipient of all donor funds for official tax receipt purposes for all departments within the hospital.  Benefits to the donor include an active data base of their cumulative totals and official tax receipts issued in a timely manner, opportunities to have their names and those of their loved ones featured on the Donor Recognition Wall, and the ease of payment methods such as credit cards or online convenience.

Planned Giving

"Leaving Your Legacy"

 Your Gift for Tomorrow - Individual Choices.

Planned gifts can include:

• Bequests

A bequest is a gift made through your will.  You can give a specific piece of property, sum of money, or a percentage of your estate.  Benefit to you - Planned today, a bequest is not paid to the Miramichi Regional Hospital Foundation until after you pass away.  By carefully planning your bequest, you can reduce taxes payable on death.

• Gift of Property

Property can include any possession of value and a tax receipt is issued for the cash value of the property when ownership changes.  Properties can include: securities such as stocks, bonds and mutual fund units, real estate, and personal property such as artworks, collections and any possession of value.  Benefit to you - You will receive a charitable tax receipt for the fair market value of your donation and capital gains are further reduced.

• Charitable Gift Annuity

(Increase your income through giving)  An Annuity is a method of making a significant donation to charity and at the same time, retaining reliable income from the asset during your lifetime without having to do the financial management yourself.  Benefit to you - Gift annuities are one of the benefits of age, the older you are, the higher the annual payment will be.  A significant portion, if not all of the income from a gift annuity can be tax-free.  In some cases, a donation receipt is issued, resulting in further tax savings.

• Life Insurance

Gifts of Life Insurance involve purchasing a policy for the Miramichi Regional Hospital Foundation or assigning ownership of a paid up policy to the Miramichi Regional Hospital Foundation.  Benefit to you - A planned gift of life insurance can either save you tax dollars today, meaning immediate tax relief, or your estate can receive a tax credit for the face value of your property.  You can contribute significantly to the future of health care, while paying small premiums now.

The Importance of making a Will

When a Canadian dies without a will, the courts ultimately decide on the executor or administrator and the estate is distributed according to the laws of the province.  This can result in costly court applications, which will dilute the estate's assets.

Talk to your financial planner and see what is best for you and your family, while securing your future, and making a lasting contribution to the health care of our region.

►  The Miramichi Regional Hospital Foundation depends on donations to assist in the purchase of important and necessary medical equipment.  Your gifts will help ensure that funds will be available to continue to provide growth, excellence and quality local health care for patients at Miramichi Hospital.  The Miramichi Regional Hospital Foundation respects your commitment and your gift is held strictly confidential if you wish to remain anonymous.