Through philanthropy, Hoag will continue to invest in the wellness of the communities we serve. Depending on the asset given and the gift arrangement selected, you can generally expect to receive some or all of the following benefits: fulfilling your philanthropic goals, reducing your taxable income through a charitable deduction for the gift, avoiding or deferring capital gains tax on gifts of long-term appreciated property, receiving monetary payments for life, increasing spendable income and reducing estate taxes.