Endowed Gifts

Your Gift Can Last Forever

An endowment gift to the Foundation for Morristown Medical Center today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.

Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at Morristown Medical Center. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime supporters of the Foundation for Morristown Medical Center, Charlie and Susan have two goals: First, they want to make sure Morristown Medical Center continues to receive support after they are gone. Second, they want to create a lasting legacy for Charlie’s parents.

Charlie and Susan make a $25,000 donation to Morristown Medical Center, which we invest, and each year, a portion of the income from the invested money will be used to support our mission in honor of Charlie’s parents. Plus, Charlie and Susan qualify for a federal income tax charitable deduction on their taxes.

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Next Steps

  1. Contact Cynthia W. O'Donnell, JD, at 973.593.2418 or cynthia.odonnell@atlantichealth.org to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include Morristown Medical Center in your plans, please use our legal name and federal tax ID.

Legal name: Foundation for Morristown Medical Center
Address: 310 South Street, 4th Floor, Morristown, NJ 07960
Federal tax ID number: 22-3392808

Start Paying It Forward

View and download your FREE copy of Endowments: A Never-Ending Legacy.

Personal Estate Planning Kit

Our Top Free Resource

This comprehensive estate planning kit helps you protect your family and establish your legacy. FREE!

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