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LET TER OF INTENT 1Gift Commitment3As evidence of my/our desire to provide a legacy of support to Regions Hospital, I/we have made a provision for a gift to Regions Hospital Foundation (RHF) in my/our
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Gather all relevant information about the gift, such as the donor's name, contact information, and details of the gift
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Who needs statement of gift intention?

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Individuals who are gifting or receiving a significant gift
02
Organizations or institutions that require documentation of gifts for legal or tax purposes
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A statement of gift intention is a legal document that outlines a person's intention to gift a monetary sum or a piece of property to another individual or organization.
Anyone who intends to make a gift over a certain threshold amount, as specified by the relevant tax authority, may be required to file a statement of gift intention.
Individuals can typically fill out a statement of gift intention by providing details about the gift, the recipient, and any other relevant information requested on the form provided by the tax authority.
The purpose of a statement of gift intention is to inform the tax authority about large gifts being made in order to ensure proper documentation and potential tax implications are accounted for.
Typically, the statement of gift intention must include details about the gift, the donor, the recipient, and the estimated value of the gift.
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