A transformational planned gift was recently documented with the Pullman Regional Hospital Foundation to sustain and enrich the Family Medicine Residency program. In partnership with Washington State University’s Elson S. Floyd College of Medicine, the Family Medicine Residency program at Pullman Regional Hospital was created to address the critical need for family medicine physicians in rural areas including eastern Washington.
By naming Pullman Regional Hospital as the beneficiary of a portion of her IRAs, donor Linda Nihoul understands the value of planned gifts to fulfilling the mission of Pullman Regional and the impact that such a gift has on rural medicine – now and well into the future.
When Linda and her husband Tom learned that the medical student for whom they were hosting wouldn’t be doing his residency in the state of Washington, they were speechless. “He said there weren’t enough spots. Plain and simple,” says Linda. She and Tom started thinking, “we can’t change the world, but maybe we can help in some small way. We need to provide residency opportunities so we have a chance of recruiting these doctors to meet our mission of serving rural and underserved areas in the state of Washington.”
“A student told us the blunt, truthful situation,” says Linda. “Then we were able to connect the need with our passion for quality healthcare in rural communities.”
In consultation with financial and/or tax advisors, planned gifts are an excellent way for donors to invest in their charities of choice by naming the organization as a beneficiary in their Will, retirement plan, life insurance policy, or other planned giving instrument. Such a gift satisfies the donor’s philanthropic and financial objectives while greatly enhancing the organization for which the gift is intended.
“It’s great to see Linda lead by example once again, after an accomplished career as a Certified Financial Planner, by giving back to help rural healthcare. Naming this charitable beneficiary in an IRA is one of the most flexible and tax efficient ways to help a great cause while securing significant financial benefits and establishing a great legacy together with PRH!,” says Jeff Feuerstein, LPL Financial Advisor for Pullman-based Values & Vision Financial Advisors, and chair of the Planned Giving Advisory Council for the Pullman Regional Hospital Foundation.
To learn more about establishing a planned gift at Pullman Regional Hospital, contact Linda Infranco, Executive Director, Pullman Regional Hospital Foundation, at linda.infranco@pullmanregional.org or 509-332-2043 or visit Planned Giving | Pullman Regional Hospital.