Live Oak Society
Members of the Live Oak Society have expressed their deep commitment to Novant Health’s mission through a very special and important form of financial support.
These donors have named one of Novant Health’s foundations as the ultimate beneficiary of a planned gift. Such gifts may include a bequest, charitable income gifts (such as charitable gift annuities or charitable remainder trusts), gifts of life insurance, gifts through retirement plans, or many other vehicles.
Membership in the Live Oak Society is open to any individual who has informed Novant Health of their intent to name our organization as a beneficiary of a planned gift. Gifts may be restricted to a specific healthcare interest or may be unrestricted and intended for the greatest need.
Benefits of membership include:
- Invitations to special Novant Health events in your community
- Invitations to Novant Health Foundation events
- Behind-the-scenes tours of your regional hospital or clinical area of interest
- Listing in donor honor rolls and recognition plaques (options may differ by Novant Health region/facility)
- Opportunity to meet with hospital leadership on current healthcare topics
- Regular updates from your local Novant Health foundation on Novant Health’s work in your community
About the Name: Live oaks are evergreen trees that thrive throughout the southeastern United States, from Virginia through Florida — the geographic footprint of Novant Health. The name “live oak” comes from the fact that evergreen oaks remain green and live throughout winter, when other oaks are dormant and leafless. A live oak tree’s acorns ensure that the tree never truly dies, but continues to replant itself over and over in continual rebirth.
Similarly, planned gifts enable a donor’s philanthropy and community impact to live in perpetuity. Through planned gifts, an individual’s legacy and impact can live forever and remain “evergreen.” And just as one acorn can impact an entire woodland, so can one legacy gift impact countless lives in the future.
“The creation of a thousand forests is in one acorn.”
Ralph Waldo Emerson
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.