• Donate
  • About Us
  • Our Work/Our Impact
  • Events and News
  • Kadlec Foundation’s pooled income fund

    Make a contribution and receive interest income for life with significant tax benefits.

    Kadlec’s new pooled income fund K-LIFE (Kadlec Life Income Fund) is an opportunity that takes advantage of tax laws intended to encourage and reward philanthropy. With K-LIFE, contributions are pooled into income producing real estate. Kadlec is one of several healthcare institutions across the country to secure an IRS Private Letter Ruling to begin this program. K-LIFE benefits both the participants and Kadlec Regional Medical Center.

    Through K-LIFE, contributors receive personal financial benefits while also supporting the important work of Kadlec; the excellent medical care offered to this community and region well into the future.

    How K-LIFE Benefits Contributors

    • Provides a lifetime income at an increasing rate, starting at 6 percent
    • Avoid capital gains and possibly reduce estate tax
    • Receive highly advantageous tax deduction
    • For more information, see our Donor Benefits Summary

    Example

    Single contributor
    of $10,000:
    2014 Tax Deduction:

    Age 60

    $7,482

    Age 65

    $7,870

    Age 75

    $8,604

    Who can participate?

    • Individuals and couples 60 years of age or older
    • Minimum gift of $10,000

    For more information

    Simply call Glenn Welch, Vice President Resource Development at (509) 942-2661 or email Glenn.Welch@kadlec.org