Endowed Gifts

Your Gift Can Last Forever

An endowment gift to Memorial Medical Center Foundation today provides a brighter picture for our future. When you make a donation to our 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 our hospitals or foundation. The remaining funds are reinvested to ensure indefinite support.

An Example of How It Works

Couple Smiling Longtime supporters Susan and Charlie have two goals: First, they want to make sure our hospitals or foundation continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.

Susan and Charlie make a $25,000 donation to our hospitals or foundation, 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 the Joneses. Plus, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.

Next Steps

  1. Contact Sharon B. Thornton, JD, LL.M at 562.933.4483 or sthornton@memorialcare.org to discuss endowed gifts.
  2. Seek the advice of your financial or legal advisor.
  3. If you include our hospitals or foundation in your plans, please use our legal name and federal tax ID.

Legal Name: Memorial Medical Center Foundation
Address: 2801 Atlantic Ave., Long Beach, CA 90806
Federal Tax ID Number: #95-6105984