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Give Through a Donor Advised Fund

A Donor Advised Fund (DAF) functions much like a charitable savings account, giving you the flexibility to recommend grants from your fund as often as you like to the nonprofits you care about.

When you recommend a grant from your DAF to the Sanford Health Foundation, 100% of your gift will make an impact on local patients and families when it matters most.

Our EIN numbers will be helpful as you work with your DAF administrator:

• Bemidji: 41-1389317
• Bismarck: 45-0397196
• Fargo: 45-0398104
• Marshfield: 81-2822823
• Sioux Falls: 36-3297853

See additional contact information.

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Give Stocks, Bonds or Mutual Funds

Gifts of appreciated securities — like stocks, bonds or mutual funds — allow you to make a direct impact on health care in your community while also maximizing distinct tax advantages:

• Receive an immediate charitable deduction for the fair market value of the securities
• Avoid paying capital gains tax (in most cases)

Please contact FoundationGifts@sanfordhealth.org or your gift officer for more information and instructions for the transfer.

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Give Through Your IRA

If you are age 70½ or older, you can give any amount up to $108,000 per tax year from your IRA (Individual Retirement Account) directly to the Sanford Health Foundation.

It’s called a Qualified Charitable Distribution (QCD) and it not only allows you to make a difference for local patients and families, it’s also a chance to realize important tax advantages:

• Lower your taxable income: Since QCDs are excluded from your taxable income, you’ll reduce your risk of entering a higher tax bracket
• Double your impact: If you are married, if you are both age 70½ or older and if you file taxes jointly, your spouse can donate up to $108,000 from their IRA as well
• Fulfill requirements: If you are age 73 or older, a QCD can also satisfy your Required Minimum Distribution (RMD) requirement.

These are a lot of acronyms, but they all spell out one important idea: Giving through your IRA is a chance to put your retirement savings to work to improve health care today, and for generations to come, while also maximizing tax benefits for you and your family.

You can help shape the future of health care in your community while realizing important tax advantages today when you include the Sanford Health Foundation in your will or estate plan. Learn more about these giving models.

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Bequest

Designating the Sanford Health Foundation as the beneficiary of your asset(s) through a will, trust or beneficiary designation form is your chance to impact patient care tomorrow while seeing tax benefits today:

• No cost to you during your lifetime
• Potential estate tax deductions
• You can designate a specific amount, percentage or asset

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Beneficiary Designation Gifts

When you select the Sanford Health Foundation as the beneficiary of a retirement account, life insurance policy or investment or bank account, you’ll join a growing circle of visionary donors who are helping us transform the future of health care. You’ll also enjoy these tax benefits:

• You’ll be able to continue using your account as long as you need to
• Avoid income tax on these assets for heirs
• Receive potential estate tax savings from an estate tax deduction

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Charitable Lead Trust

When you establish a charitable lead trust, you’ll be able to enhance care and services for future patients, enjoy tax benefits and provide financial advantages to your family.

• Your trust will make gifts to the Sanford Health Foundation for a predetermined number of years. Your family will receive the trust remainder at substantial tax savings.
• You’ll receive a gift or estate tax charitable deduction
• You can pass inheritance on to family at a reduced or zero cost