Year-End Giving
There are many ways for you and your family to give. Help ensure that Lewiston-Auburn receives the highest levels of medical innovation and patient-centered, compassionate care — today and for generations to come.
Ways to Give
Making your gift online, by phone, or by mail provides charitable deductions on your taxes.
Call us: (207) 777-8836
Mail in a gift: St. Mary’s Health System Foundation, PO Box, 7291, Lewiston ME 04243-7291.
A gift of appreciated stock may offer you the opportunity to provide a more generous gift than an outright gift of cash and is a fantastic way to support patient care. When you donate appreciated stock you have owned for more than one year, you can enjoy greater tax savings from giving such property than if you were to donate an equal amount in cash. To receive such benefits, you must transfer the securities to St. Mary’s Health System rather than selling them and then donating the proceeds.
Donor Advised Funds: Giving through your donor advised fund is easy! The EIN number for St. Mary’s Regional Medical Center is 01-0211551. We’d love to say thank you for your gift, please include your contact information with your gift.
Donors aged 70.5 and older can make a qualified charitable distribution from their IRA. If you are of an age to have an annual required minimum distribution you can make a gift of up to $100,000 to meet your minimum distribution requirements which reduces your income by the amount donated. This form of giving is also another way you may be able to make a greater impact on the lives of those who will benefit from your generosity! Request a IRA-QCD Letter > Read our FAQ >
For the first time in more than six years, the American Council on Gift Annuities has increased its suggested rates. St. Mary’s Health System is now offering these new, higher rates.
Here’s an example of a CGA: 75-year-old couple John and Sue would like to diversify their estate plan, as well as give back to their community. They establish a $100,000 charitable gift annuity to St. Mary’s Health System. At a rate of 5.5%, they are guaranteed a $5,500 payment each year, for the remainder of their lives. After John and Sue both pass away the remaining amount will be used to support St. Mary’s Health System’s vital work.
The typical charitable gift annuity donor:
- Is 65+ years old
- Would like additional income
- Likes the idea of a fixed lifetime payment
- Has assets that generate little income, such as interest or dividends
- Has assets with a low tax cost basis
Contact Deb Anthoine at (207) 777-8828 or danthoine@stmarysmaine.com for more information.