Why We Give

Dr. Claire AndreasenGiving With Intent
Dr. Claire Andreasen is a professor and director of One Health in the Iowa State University College of Veterinary Medicine. She eats healthy, raises her own vegetables, exercises regularly and takes good care of herself. More »

 

Larry and Ruth NepplFuture Gift Is a Win-Win
Larry and Ruth Neppl have not lived in the Ames area since graduating from Iowa State University in the mid-1960s. Despite living closer to other health care facilities, they have chosen Mary Greeley Medical Center and McFarland Clinic for their health care for more than 30 years. More »

 

Ruth HarrisExtending a Legacy
Ruth and Eugene Harris lived in Ames, Iowa for more than 60 years where they owned and operated Harris TV and Appliance. When Gene passed away in December of 2014, Ruth began withdrawing $100,000 (nontaxed) from his IRA every year to benefit several nonprofits in the area that were important to them both. More »

 

SamuelsonsSamuelsons Making a Major Impact on Healthcare
Bob and Jan Samuelson, retired, are actively involved in the community and enjoy all the benefits of life after work-travel, grandchildren and freedom from the routine. What appears a run-of-the-mill retirement is anything but. More »

 

BucksYour Support Can Last Forever With an Endowment
In 2003, the J. Ben Buck family established the J. Ben Buck Scholarship in honor of a milestone birthday. "We believe it is important to encourage and support students who want to pursue health-related careers" states Sarah Buck, Ben's wife.  More »

 

How You Can Help

Make a Gift

Thank you for supporting Mary Greeley Medical Center.

Contact Us

Mary Greeley Foundation
1111 Duff Ave.
Ames, IA 50010
515-239-2147
E-mail

A charitable bequest is one or two sentences in your will or living trust that leave to Mary Greeley Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Mary Greeley Foundation, a nonprofit corporation currently located at 1111 Duff Ave., Ames, IA 50010, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Mary Greeley Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Mary Greeley Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Mary Greeley Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Mary Greeley Foundation where you agree to make a gift to Mary Greeley Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

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eBrochure Request Form

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