Gift Planning

Gift planning helps provide ways for you to manage your assets while providing lasting financial support to ensure that St. Vincent Healthcare will continue to provide some of Billing’s best healthcare. The following are descriptions and the benefits of ten simple ways to give.

Please note, some of these gifting possibilities may require consultation with an estate or financial planning professional. The St. Vincent Healthcare Foundation does not provide financial planning or tax advising services. However, we can meet with you and your advisors to work out the best giving option for you and your family. For more information, contact Joan Hendricks at 406-237-3639.

Gifting Securities

For many people, investments in securities represent a significant portion of their assets. Stocks, bonds, mutual funds, and other securities that you have owned for more than one year not only make convenient gifts, but can provide you with welcome tax benefits as well.

Learn more about Gifting Securities.

How to Make a Bequest

Your assets remain with you during your lifetime. Once you have provided for the needs of your loved ones, you can make a revocable bequest that either leaves a specific percentage of your estate to the Foundation, a dollar amount or specific property. There is no upper limit on the estate tax deductions that can be taken for charitable bequests.

Learn more about How to Make a Bequest.

Charitable Gift Annuities

A Charitable Gift Annuity is a simple contract between you and St. Vincent Healthcare Foundation. In exchange for your irrevocable gift of cash, securities, or other assets, St. Vincent Healthcare agrees to pay one or two annuitants, that you name, a fixed sum each year for life. The payments are guaranteed by the general resources of St. Vincent Healthcare Foundation and the Sisters of Charity of Leavenworth.

Learn more about Charitable Gift Annuities.

Beneficiary Designations

A Beneficiary Designation is a revocable and easy way to make a lasting gift to the healing ministry of St. Vincent Healthcare Foundation. Many individuals have accumulated a significant amount of capacity in various wealth management accounts. While the intention in establishing these accounts is to save for retirement, these accounts have become an important and tax-wise way to fulfill charitable ambitions.

Learn more about Beneficiary Designations.

Gifting Life Insurance

Gifting a paid-up life insurance policy is a simple way to make a meaningful gift to benefit the healing ministry of St. Vincent Healthcare Foundation and receive substantial federal and state tax advantages.

Learn more about Gifting Life Insurance.

Funding a Gift Annuity with an IRA

You can fund a charitable gift annuity with your IRA. The federal charitable deduction and 40% Montana Tax Credit for endowed philanthropy that you receive when the charitable gift annuity is created, significantly counters the income tax you will pay on your distribution from you IRA.

Learn more about Funding a Gift Annuity with an IRA.

Charitable Beneficiary Deed

A Beneficiary Deed, sometimes called a transfer-on-death deed, can be an effective charitable estate planning tool that allows residential or commercial real estate to pass to St. Vincent Healthcare Foundation without need of probate. You keep all rights of use, ownership and sale during your life.

Learn more about a Charitable Beneficiary Deed.

Charitable Bargain Sale

With a Charitable Bargain Sale, you sell real estate or other marketable property to St. Vincent Healthcare Foundation at less than the appraised value. The transaction gives you cash that you can use, plus a charitable income tax deduction for the discount you took from the appraised value.

Learn more about a Charitable Bargain Sale.

Life Estate Agreement

A Life Estate Agreement is an excellent way to invest in a charity through the gift of your home, farm, or vacation home while retaining the full use and rights to the property during your lifetime. With a Life Estate Agreement, you retain a “life estate” and the St. Vincent Healthcare Foundation receives the “remainder interest.”

Learn more about a Life Estate Agreement.

Donate Real Estate

Real Estate donations can provide you with highly beneficial tax results and allow you to achieve significant and important charitable goals that benefit those in need. A donation of real estate to St. Vincent Healthcare Foundation can reduce your tax burden and provide you with the benefit of savings that comes from relief of the maintenance of your property.

Learn more about Donating Real Estate.