Skip to Content

The Giving Heart of Mary Lue Hicks

donor-mary-lue-hicks.jpg

Mary Lue Hicks has given Methodist Hospital Foundation a gift through her estate that keeps on giving.

Mary Lue has dedicated much of her life to serving Nebraska Methodist Hospital. She earned her nursing diploma at the Methodist Hospital School of Nursing in 1949. Following time in California and New York, Mary Lue returned to Nebraska in 1962 and served Methodist Hospital for 20 years as Assistant Director, Director and Vice President of Nursing Services. These years were very special to Mary Lue. "I learned a lot through my years at Methodist. Methodist wouldn't maintain the reputation it has in the community without a competent and caring nursing staff. I hope I contributed to that," she says.

After her retirement Mary Lue continued to serve Methodist as part of Volunteers in Partnership. She began volunteering in the Methodist Hospital Gift Shop, where she continues to work today. Mary Lue has volunteered nearly 4,000 hours of service! If you ask Mary Lue, she wouldn't have it any other way. "It makes you feel good. You get a personal feeling of satisfaction when you help meet someone's needs." Mary Lue says, "You're doing something, you're helping, and it reflects well on Methodist that they have people who want to volunteer there."

In addition to volunteering, Mary Lue wanted to give back to Nebraska Methodist College. She decided to set up a charitable gift annuity through Nebraska Methodist Hospital Foundation. Not only was her gift benefiting Nebraska Methodist College, but she was securing additional income for herself. "It's nice to have a wonderful way to give to a good cause and benefit from it at the same time," says Mary Lue. With the charitable gift annuity, Mary Lue was able to contribute to the Charlotte Schultz Student Center, a place for past and future alumni to celebrate through activities and gatherings. Mary Lue states, "College life is enhanced when there is a place for people to get together on a personal as well as professional basis. Those are the memories you carry with you, and I wanted to contribute to that."

For more information on how to establish a charitable gift annuity, please contact Elizabeth Borisow at (402) 354-4825.

eBrochure Request Form

Please provide the following information to view the brochure.

A charitable bequest is one or two sentences in your will or living trust that leave to Methodist Hospital Foundation a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Methodist Hospital Foundation, a nonprofit corporation currently located at 8401 West Dodge Road, Suite 225, Omaha, NE 68114-3447 , or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to Methodist Hospital Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to Methodist Hospital Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to Methodist Hospital Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and Methodist Hospital Foundation where you agree to make a gift to Methodist Hospital Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.