DIMENSIONS
Giving with Grateful Hearts • Blended Gifts: The Best of Both Worlds • IRA Rollover to Gift Annuity
Giving with Grateful Hearts
Rosemarie and David Kuhn have transformed their health experiences into inspiration to help others.
Rosemarie and David Kuhn have been through it all together. High school sweethearts and married since 1965, they’ve traversed the ups and downs of life with grateful hearts that fostered a spirit to always give back.
David was a land developer specializing in large, planned communities, and Rosemarie was a teacher, a model, a decorator, and an active community volunteer. Together, they are very active in their church. They have a son and daughter who are both educators and make a difference in the lives of young people, a granddaughter, and a community they care about.
They chose to designate their gift to three clinical areas at Hoag. One of them was the Hoag Family Cancer Institute. After Rosemarie was diagnosed with stage 0 breast cancer—the earliest stage of breast cancer—in 2021, she recalls a reassuring phone conversation with a nurse. “This darling nurse says, ‘I’m going to be your navigating nurse,’ and I said, ‘Well, that just sounds lovely to have someone navigate my journey,’” Rosemarie said. “She showed me the steps I needed to go on. That’s wonderful to have when you’re going through something like that.” IN THIS
They’ve also experienced impactful health challenges during their lives. Each health chapter—Rosemarie’s breast cancer, David’s kidney transplant and Parkinson’s disease, and their children’s own health experiences—inspired them to make a generous gift to Hoag through a charitable gift annuity. “We have been very blessed,” Rosemarie said. “We felt this was a wonderful way to acknowledge those who have helped us and hopefully make the world a little bit better for others.”
The opportunity to make a gift came to the Newport Beach couple by way of the sale of an insurance policy, according to David. They learned about different types of annuities, which could give them monthly financial returns. Then, they came to a charitable gift annuity. “We thought we needed to consider where this money could do the most good,” he said. “And we both came up with Hoag. I look at it as a win-win. It’s good for us and really good for the community.”
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Hoag has been so good to us and to the community, and we’d like to leave something that will help future generations.”
- Rosemarie and David Kuhn
Blended Gifts: The Best of Both Worlds
What Are Blended Gifts?
Blended gifts use different types of charitable gifting strategies such as outright gifts, planned gifts, and estate gifts to accomplish your giving desires. Which combination of these strategies to use depends upon your unique personal situation. Taking into consideration your current and future financial, tax, and charitable planning goals, blended gifts can be formulated to help you determine best how to give, what to give, and when to give.
Example of a Blended Gift
Joan is a generous annual donor who owns an IRA from which she must annually take a required minimum distribution (RMD). By making a direct qualified charitable distribution (QCD) to charity, she will not have to recognize this distribution as taxable income, and it will qualify toward her annual RMD.
Since the IRA is highly taxable when left to heirs, she also decides to name charities as the beneficiary of the IRA’s remaining balance at her passing.
IRA Charitable Rollover
You may be looking for a way to make a big difference to help support Hoag. If you are 70½ or older, you may also be interested in a way to lower the income and taxes from your IRA withdrawals.
An IRA charitable rollover is a way you can help continue Hoag’s work and benefit this year
IRA Distribution to Tax-Saving Solution
If you have an IRA, you may be concerned about required minimum distributions. Who wouldn’t be? You have been saving all your life, and now the government is forcing you to take money from it. But did you know you have choices?
How Does the Charitable Gift Annuity Work?
A charitable gift annuity (CGA) is a simple written agreement signed by you and Hoag. Once you contribute cash from your IRA, the CGA begins to make monthly or quarterly payments to you for your lifetime. The payment rate is based on your age to your nearest birthday.
Learn More
Visit hoag.giftlegacy.com to learn all your IRA possibilities. In just a few moments, you’ll discover a way to avoid or reduce paying income tax on your IRA’s required distribution. You’ll also see how to create a new income stream with your IRA. Everything is in easy, understandable language.
There is no cost or obligation, and you can explore options at your own pace. If you do have questions, or want more tax-saving ideas, contact us. We are happy to help.
We look forward to helping you create a plan to address your unique needs and goals at every life stage.
If you would like to get started creating or updating your charitable plan, please give us a call at (949) 764-7206 or email Julie.Heggeness@hoag.org.
Through the couple’s involvement with Circle 1000, a Hoag Hospital Foundation group that raises funds for the Hoag Family Cancer Institute, they knew about how philanthropy supports nurse navigators at Hoag, cancer research, and state-of-the-art technology. Her cancer was found after a mammogram at the Hoag Breast Center. “That’s why early detection is so important. The breast center has great equipment and personal touches during appointments that really show they care,” Rosemarie said. Six weeks after diagnosis and surgery, she walked out of Hoag cancer-free.
Hoag has also supported David throughout his health journey. In 2007, he was diagnosed with amyloidosis, a disease associated with Agent Orange exposure during military service, and he was given six months to a year to live. Hoag’s team coordinated with other physicians in the region on treatment before a kidney donation from his daughter—who was born at Hoag—saved his life. Today, Hoag continues to support David as he lives with Parkinson’s disease. The couple chose to make part of their recent donation to the Pickup Family Neurosciences Institute. “The rehabilitation center at Hoag has been terrific for me for Parkinson’s,” David said. He takes boxing classes and does other activities at the facility at Hoag Health Center Newport Beach. “I’ve made a lot of progress.”
A third part of their gift was made to the Mary & Dick Allen Diabetes Center, inspired by their son’s experience with diabetes.
Each time the Kuhn family has been impacted by a compassionate physician, a helpful nurse, and healing care, their gratitude has grown. “Hoag has been so good to us and to the community, and we’d like to leave something that will help future generations,” David said.
To learn more about the Boldly Hoag campaign to support Hoag’s Sun Family Campus in Irvine, go to boldlyhoag.org.
Office of Gift Planning
Julie Heggeness, JD, CSPG, TEP
Vice President, Legal & Executive Director, Gift Planning
(949) 764-7206
Julie.Heggeness@hoag.org
Hoag Hospital Foundation
Coufos Family Center for Philanthropy
330 Placentia Ave.
Newport Beach, CA 92663
(949) 764-7217
HoagHospitalFoundation.org/GiftPlanning