Endowed Gifts

Invest in the Future of Hospice of the Western Reserve

An endowed gift to HWR provides a brighter picture for its future.  When you support HWR’s endowment, you give a gift with both immediate and long-term benefits.
Here’s how it works:  endowment gifts are invested and a portion of the annual income from the investment is used to address the immediate needs at HWR.  The remaining funds are reinvested to ensure indefinite support into the future.  Endowed gifts can be made by individuals, corporations and foundations. 

Why consider an Endowed Gift?
As a non-profit, HWR’s budget cannot compete with the larger medical providers in our local health care community.  Your endowed gift helps to secure the future financial security and sustainability of HWR and the important services it provides to patients and their families.
Your gift ensures:
  • We have well trained and certified doctors and nurses to provide the finest in palliative and end-of life care for our patients
  • We continue to provide services to all patients irrespective of their age – including pediatric care for the youngest of our patients; HWR is the only organization providing these services in Northern Ohio
  • We continue to provide in-patient residential care at our two IPUs – Davis Simpson Hospice House and Ames Family Hospice House
  • We continue to provide bereavement services for the families and loved ones of our patients.
Endowment Opportunities
You can support the mission and programs of HWR with a gift of any amount in support of its endowment.
If you would like to create a named endowment fund to support particular programs and/or activities of HWR, you can do so with minimum gift of $250,000.  For more information on how you can support HWR’s endowment or create a named endowed fund at HWR, please contact Holly A. Selvaggi, at 216-255-9066 or hselvaggi@hospicewr.org.

IRA Qualified Charitable Distribution
You can make a gift today and save on your taxes.  It is possible when you support HWR through your Individual Retirement Account (IRA).
This is a special opportunity for those 70 ½ year old and older.  You can give any amount – up to $100,000 – per year from your IRA directly to HWR without having to pay income taxes on the money.  Gifts of any amount of $100,000 or less are eligible for this benefit and you can feel good knowing that you are making a difference at HWR.  This popular gift is commonly called a Qualified Charitable Distribution or an IRA Charitable Rollover.