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FDIC-Insured – Backed by the full faith and credit of the U.S. Government
For Immediate Release:
July 18, 2023
Media Contact:
Bryce McCuin, Marketing Manager
[email protected]
GREENSBORO, GA – BankSouth recently contributed $100,000 to St. Mary’s Good Samaritan Hospital through the Georgia HEART Hospital Program.
The Georgia HEART Hospital Program administers the Georgia Rural Hospital Tax Credit, enabling individuals and businesses to redirect their Georgia income tax liability to help support qualifying hospitals.
“We are grateful for community partners like BankSouth, whose generous financial support will allow Good Samaritan Hospital to provide excellent healthcare to its patients both now and in the future,” said Bria Brown, manager of Good Samaritan Hospital Support Services.
Good Samaritan Hospital will use HEART funds provided by BankSouth for general operations and to address specific needs. For example, Good Samaritan Hospital has used past contributions to expand access to important services such as telemedicine, which allows more patients to receive care locally.
“Our company is proud to be able to participate in the Georgia HEART program and to see how our donation directly impacts our neighbors at St. Mary’s Good Samaritan Hospital,” said Harold Reynolds, CEO of BankSouth. “This is a tremendous opportunity for businesses to play a part in enhancing the access to quality care for Georgians who live in rural communities.”
Through HEART, Georgia taxpayers can make contributions in exchange for a 100% state income tax credit, up to specified limits, to qualified rural hospitals of their choice. C Corporations and pass-through business owners who participate may also qualify for an additional federal business expense deduction. To learn more about this unique philanthropic tax credit program, visit www.georgiaheart.org.
Georgia HEART is accepting applications for the 2023 tax credit opportunity at www.georgiaheart.org. If you have questions not addressed by the website, please contact Bria Brown at [email protected] or call her at 706-453-5167.
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About BankSouth
Today, BankSouth is a leading community bank headquartered at Lake Oconee in Greensboro, Georgia, and is recognized as a top-performing bank nationwide. With over $1 billion in assets, BankSouth serves customers with branches in Atlanta, Greensboro, Savannah, Watkinsville, and beyond with a full suite of consumer, commercial and digital banking and lending products. Currently, BankSouth Mortgage originates over $2.0 billion in home loans with more than 60 experienced loan officers across their twelve locations. For BankSouth locations and more information, please visit banksouth.com.
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