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An endowment gift to Torrance Memorial Medical Center today provides a brighter picture for our future. When you make a donation to an 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 Torrance Memorial. The remaining funds are reinvested to ensure indefinite support.
Longtime Torrance Memorial Medical Center supporters Susan and Charlie have two goals: First, they want to make sure Torrance Memorial 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 Torrance Memorial, 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.
Legal name: Torrance Memorial Medical Center Health Care Foundation
Address: 3330 Lomita Blvd., Torrance, CA 90505
Federal tax ID number: 95-3528452
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