Gift Preferences

There are various ways you can facilitate the continuance of health care resources for our region with a gift to the NORTHSTAR Health System Foundation. Your gift ensures quality of care for present and future needs.

Cash Gifts
Gifts of cash can have an immediate effect in addressing our most essential healthcare priorities. You may also gift by mail, in person, or over the phone.

By Mail:
NORTHSTAR Health System Foundation
1400 W. Ice Lake Road
Iron River, MI 49935

By Phone:
Please call (906) 265-6121 x 507 providing Visa, MasterCard, American Express, or Discover

In Person:
Please call ahead to make an appointment or to ensure someone will be in the office. Call (906) 265-6121 x 507.

In-Kind Gifts
The foundation welcomes non-cash contributions of items that directly benefit patients, as long as the department receiving the gift deems it acceptable and appropriate. The donor maintains responsibility of indicating the value of the gift.

Stock Gifting
Appreciated stock is frequently used for charitable gifting. This type of donation offers advantages to both the donor and the Foundation. The donor may qualify for a tax deduction at the stock's appreciated rate. The Foundation can sell the stock and use the revenue for desired equipment and/or program development.

Real Estate Gifting
Real estate, whether personal or commercial property, is an opportunity for a donor to safeguard cash assets and realize tax and income benefits.

Planned or Deferred Gifting
This method of giving offers the Foundation stability, providing a reserve for its future. These gifts offer advantages specific to immediate tax deductions, the elimination of capital gains tax, potential to increase spendable income and reduce estate and gift taxes. Common planned giving options include:

Life Insurance - In naming NORTHSTAR as the beneficiary of a life insurance policy, you increase your potential to make a significant gift.

Annuities - This opportunity allows you to make a charitable gift, receive income for life, avoid capital gains and possibly earn an immediate charitable tax deduction.

Bequests - A considerate gesture to name NORTHSTAR Foundation as a beneficiary in your will.

Life Estate Gifts - This option provides the donor an opportunity to gift their property to the Foundation, while continuing to reside at the property for the remainder of their life. The donor avoids capital gains taxes and in fact receives considerable tax benefits. You may consider gifting the entire property or a portion thereof.

You may contact your personal financial representative for assistance or call our office directly at (906) 265-6121 x 507 so that we may refer you to our brokerage firm.