McLaren Northern Michigan Foundation
Ways to Give

Ways to Give

Every donation is extremely important because it provides resources that make an immediate impact on the care you receive in your community. The significance of each gift goes beyond a simple dollar value - it improves the lives of your neighbors, friends and family by ensuring that the care they need is available when they need it most. Every dollar you give to the McLaren Northern Michigan Foundation stays right here in northern Michigan and is used as directed by you.

Your gift to McLaren Northern Michigan Foundation impacts the lives of our patients and their families and improves the health of our community. Thank you for your support.

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What's on this page

CLICK HERE to learn about all the ways you can support McLaren Northern Michigan.

Give by mail

Please make your check payable to McLaren Northern Michigan Foundation and mail to:

McLaren Northern Michigan Foundation
360 Connable Ave.
Petoskey, MI 49770

Give by phone

Please call the foundation office at 231-487-3500 and a representative will be happy to help you make your gift over the phone. Please have your credit, debit or electronic funds transfer information ready.

Gifts of Stock

Gifts of securities may offer you significant tax benefits. Contributions of appreciated securities held for more than one year are generally tax-deductible at market value, regardless of what you paid for the securities. This may provide you with capital gains savings, as well as a charitable income tax deduction.It is important to transfer the stock to the McLaren Northern Michigan Foundation to take advantage of the tax incentives associated with making this type of gift.

The transfer of securities from your brokerage account to McLaren Northern Michigan Foundation is accomplished via the Depository Trust Company (DTC). Executing a gift of stock is simple. Notify your broker of the securities to be gifted and provide the following information.

McLaren Northern Michigan Foundation is a recognized 501 (c) 3 non-profit organization, EIN # 38-2445611, with accounts held by:

Edward Jones Investments
115 East Third Street, PO Box 482
Harbor Springs, MI 49740
Phone: 231-526-5366
Fax: 855-379-2937
Account #: 48722640-1-7
DTC #: 0057

Raymond James and Associates, Inc.
422 East Mitchell St., #3, PO Box 246
Petoskey, MI 49770
Phone: 231-347-3961
Fax: 231-347-3969
Account #: 35406908
DTC#: 0725

Instruct your broker to provide the following transfer details, including:

  • Your name, address and telephone number
  • A description of the securities including the symbol
  • Number of Shares
  • Expected transfer date

Contact your financial advisor with specific questions about your tax situation. If you have any questions, please call the Foundation office at 231-487-3500.

IRA Charitable Rollover or Qualified Charitable Distribution (QCD)

The IRA Charitable Rollover is a great way to make a tax-free gift to McLaren Northern Michigan using your IRA. This gift may also satisfy your required minimum distribution (RMD). IRA funds must be directly transferred to McLaren Northern Michigan.

News: The Secure Act and Giving From Your IRA

The Setting Every Community Up for Retirement Enhancement (SECURE) Act was enacted in December 2019 and brought with it the most significant changes to retirement plans since 2006. While some changes impact you, others will impact the people you name as a beneficiary to your retirement assets.

Changes to Know
  1. You can contribute to your IRA longer. Previously, you could not contribute to your IRA after reaching the age of 70½. However, more and more people are working past that age. The SECURE Act repeals this age limitation, allowing you more time to save.
  2. The required minimum distribution (RMD) age changed. The SECURE Act changed the age at which you must start taking RMDs from your retirement account from 70½ to 72 for those who were born July 1, 1949, or later. This change allows you additional time to grow the funds in your account before you have to start withdrawing from it.
  3. IRA beneficiary rules have changed. Prior to the SECURE Act, beneficiaries could take distributions throughout their lives. This offered tax savings for the beneficiary. The SECURE Act preserved this option for beneficiaries who are spouses, but repeals it for non-spousal IRA beneficiaries. They will now have 10 years to withdraw the entire amount.
What Stayed the Same

If you’re 70½ or older, you can still make a tax-free gift to a qualified charitable organization. You can transfer any amount up to $100,000 per year directly to a qualified charitable organization without paying income tax on the distribution. The transfer generates neither taxable income nor a tax deduction, so you benefit even if you do not itemize your deductions. Your gift will also be put to use today, allowing you to see the difference you’re making. Please contact our office at 231-487-3500 to discuss your benefits.

Donor Advised Fund

Do you have a Donor Advised Fund?

Donor Advised Funds are the fastest-growing giving method and tax-efficient way to manage charitable donations. Donor Advised Funds allow donors to make a charitable contribution, receive an immediate tax deduction, and then recommend grants from the fund over time. Clients of Fidelity Charitable, Schwab Charitable, and BNY Mellon can easily make a designation for McLaren Northern Michigan Foundation through the DAF Direct widget on this page.

Recommending a gift from a DAF held elsewhere is also a simple process.

Each organization will have the appropriate forms to complete these donations, which you can usually access through an online portal or working with your fund adviser. Your sponsoring organization can then complete the transaction to distribute funds to the McLaren Northern Michigan Foundation. Please provide:

  • Legal Name: McLaren Northern Michigan Foundation
  • Federal Tax ID#: 38-2445611
  • Mailing Address: 360 Connable, Petoskey, MI 49770
  • Amount of gift
  • The purpose or fund that you would like to support with your gift, or, if you wish to provide the most flexibility for the use of your gift, “the area of greatest need”

Multiyear Pledges

Pledges enable a donor to plan a personal giving program that is both convenient and tax-wise. A pledge may enable a donor to consider a more significant gift than would have otherwise been possible. Contact the Foundation office at 231-487-3500 to find out more about how you can structure a pledge, creating ongoing support for a program or service that you care about.

Planned Giving

Long term gift planning can provide financial and tax advantages for our donors while also making an impact on our patients and our communities. Many of our donors accomplish their charitable goals with gifts from their estate plans. Naming McLaren Northern Michigan as a beneficiary in your estate plan can make a big impact on our future without impacting your finances today.

If you have questions, please email us at foundation@northernhealth.org or call (231) 487-3500. Thank you for supporting the McLaren Northern Michigan Foundation and our organization’s commitment to provide care as we expect for our own family!