Leave the Legacy of Good Health

Sierra Nevada Memorial Hospital Foundation - Tax ID 68-0005939

Long-time Auxiliary member Helen Conrey loved Sierra Nevada Memorial Hospital. She was a devoted member of the Auxiliary for over 27 years volunteering throughout the Hospital. She treasured working in the emergency department on Monday mornings. She often recounted a touching story of a patient’s passing just as an ambulance arrived with a new mother giving birth and how it made her feel the full impact of how our Hospital cares for our community.

Helen gave of her time with a smile and upon her passing she gave back with her heart to the little hospital on the hill that she loved so much. She understood how meaningful her legacy giving could be. She left her estate gift undirected knowing SNMH Foundation would work with the Hospital to direct it where it was needed most. She would be honored to know her gesture of generosity inspired others to give as well. Helen’s kindness and compassion was felt by everyone in the emergency department. And though she is gone, we are quite certain every Monday morning she is smiling down on the Hospital wishing she were there. 


There are many tax-savvy ways to leave a legacy!


Marketable Securities

These securities are often individual stocks, but may be bonds or shares of mutual funds.  Outright gifts of securities are a tax savvy way to give, can be made quickly and easily, and can enable you to do more with your gift because of the tax benefits. Avoid capital gains taxes and receive a tax deduction while making an impact locally. Click here for our stock donation form.

The IRA Charitable Rollover

To avoid paying tax on your required minimum distribution and being pushed into a higher tax bracket, many IRA owners choose to take advantage of the IRA Charitable Rollover.

If you are 70½ years old or older, you can take advantage of a savvy way to give to SNMH Foundation and receive tax benefits in return.

You can give up to $100,000 from your IRA directly to SNMH Foundation without having to pay income taxes on the donation.

Note that, because the transfer is not included in taxable income, there is no charitable income tax deduction. However, it still carries the same economic impact. Consult directly with your IRA administrator and call (530) 477-9700.


The appropriate wording for making a gift depends on the type of gift, state law and your own unique circumstances. Please consult with your tax and legal advisors.

The following language is included for reference:

I give to Sierra Nevada Memorial Hospital Foundation (a specific sum, a specific asset, or a percentage of the estate) for (specify its general purposes or a specific hospital program). Tax ID number 68-0005939.

Charitable Remainder Trusts

This special kind of trust enables a donor to make a future gift to SNMH Foundation after providing for themselves and their family and/or heirs after death.  The donor establishes a trust to provide income to beneficiaries with the provision that the principal remaining in the trust is to go to the designated charity after the death of the last beneficiary.

Retirement Funds

For those who may have significant retirement assets, potential estate and income taxes on any part of those assets that might still be in one’s estate at death may be avoided by making SNMH Foundation the beneficiary of any unused plan assets.

Life Insurance

When the added protection of an insurance policy is no longer needed, transferring the policy’s ownership to SNMH Foundation can result in tax benefits for you and a generous gift to support local healthcare. You can also include SNMHF as a beneficiary, contingency beneficiary or owner of a new or existing policy.

This information is not intended to be legal or tax advice. Always consult with a professional advisor first.  For a list of local professionals please visit the Gold Country Estate Planning Council website at http://estateplanningcouncil.net/