If you are interested in giving a gift of stock or making a wired gift to BBBS of Big Sky Country, please contact our CEO, Lander Bachert at lander@bbbs-bigskycountry.org for more information.
Thank you for your interest in learning about creative ways to support Big Brothers Big Sisters of Big Sky Country. Planned gifts are a great way to leave assets to our organization that provide current and future benefits for both BBBS of Big Sky Country and you.
Charitable Bequests
You can support BBBS of Big Sky Country’s mission far into the future by adding a bequest to your will or living trust. This type of gift will not alter your current lifestyle, and is fully deductible for estate tax
Following is an example of language you can use:
“To Big Brothers Big Sisters of Big Sky Country, a not-for-profit, tax-exempt organization incorporated in the state of Montana in 1973, having as its principal address 15 S. 8th Avenue Bozeman, MT 59715, and tax identification number EIN: 81-0359636, I, [name], of [city, state ZIP] hereby give and bequeath the sum of $______ or _____percent of my estate to be used as determined by BBBS of Big Sky Country for the general purposes of BBBS of Big Sky Country.”
Your entire retirement account
A set dollar amount
A percentage of your total retirement funds
An amount contingent on other conditions being met, such as having a loved one predecease you.
Consult your financial advisor or your employer’s human resource department to get the simple form to designate the BBBS of Big Sky Country
(tax identification number EIN: 81-0359636) as a beneficiary of your retirement account.
Other Types of Planned Giving
There are a variety of other types of planned gifts that are of great help to BBBS of Big Sky Country that can also help you create wealth and leave a lasting charitable legacy. These include Charitable Gift Annuities, Deferred Payment Gift Annuities, Charitable Remainder Trusts, IRA Rollover Gifts and others. Please contact us or your financial planner to see if these types of gifts are right for you. In the right situation, planned gifts can help you save on your taxes, avoid capital gains tax on the sale of appreciated assets, and plan and save for the future.
Let Us Know Your Plans
If you have included BBBS of Big Sky Country in your estate plans, please let us know by calling or emailing us. Thank you for your generous commitment to BBBS of Big Sky Country.
If you’re 72 or older and have an IRA, you likely know that you are required to transfer a percentage of your IRA each year (the “Required Minimum Distribution” or RMD). Did you know that you can turn your RMD into a charitable gift by transferring it directly to BBBS of Big Sky Country? That way, it will not be taxed and will qualify toward your required minimum distribution. This is a win for you as well as for the arts in our community. Simply contact your IRA administrator to request that a charitable distribution be transferred to BBBS of Big Sky Country.
[Tax ID is 81-0359636, and our mailing address is 15 S.8th Ave Bozeman, MT 59715 or 111 S. 2nd Street Livingston, MT 59047]
Benefits
Avoid federal and, in many cases, state income taxes.
Satisfy your required minimum distribution.
Provide critical support to BBBS of Big Sky Country.
Designate your gift to support the program or department that is most meaningful to you.
Guidelines for charitable IRA rollover gifts
You must be at least 70 ½ years of age or older when the gift is made.
Transfers from traditional IRAs are ideal for charitable giving.
Transfers must be made directly by the IRA administrator to BBBS of Big Sky Country
A maximum of $100,000 per taxpayer, per year qualifies for the tax-free status.
IRA rollover gifts can be used to pay a pledge.
Contributions for life income gifts, such as charitable gift annuities or charitable remainder trusts, do not qualify.
Transfers must be made by December 31 to qualify for the current tax year.
Steps to make a Charitable IRA Rollover gift to BBBS of Big Sky Country to help us continue to strengthen community through participation in the arts
Contact your IRA administrator to request that a charitable distribution be transferred to BBBS of Big Sky Country.
To ensure your gift is properly recognized, instruct your IRA administrator to indicate the donor’s name on the check and specify the gift is a charitable IRA distribution.
Inform us of the designation of your gift by contacting: Lander Bachert, CEO
406-587-1216 or lander@bbbs-bigskycountry.org
We are grateful for your support of our important work!
