Many donors ask how to decide the best use of their gift, other donors direct how they would like their gifts to be used, such as for endowed scholarships or new or renovated facilities. We will work with you to decide the best use of your donation.
Tax benefits - Remember, gifts to the Northern Alumni Foundation provide a variety of tax benefits. These include federal and state income tax deductions. Gifts of some assets may allow you to forego capital gains taxes.
Matching gifts magnify your gift to Northern. Thousands of employers let their employees decide where to direct their company’s charitable donations by matching their employees’ gifts. Please check with your employer who may double or even triple your gift with a match.
Consider making a recurring gift (an automatic gift through your credit card or checking account is common). Call and we’ll set it up.
Gifts of marketable securities and other assets are increasingly common among donors. These include common or preferred stock, shares in a mutual fund, personal property related to the University’s educational purpose, or real property. These often have valuable tax advantages.
Gift planning can help you and your family realize the greatest benefits from your gifts to the University for many years into the future. This involves choosing the best combination of assets and vehicles to accomplish your charitable, financial and estate planning objectives.
Want to make a gift but not sure which of these is best? We'd be happy to talk with you. Feel free to call our office or fill out the contact information below and we'll get in touch with you on the many ways you can help Northern succeed.
Why I made the decision to give back to my college:
As a kid just graduated from Fort Benton High School, I left on a football scholarship to attend and play at University of Montana Western. However, a previous knee injury and some homesickness brought me back to Northern to play on their football team. I left at the end of the quarter. Back in 1965, however, boys in small towns who weren't enrolled in school were quickly put on the draft list. To outsmart the draft, I joined the Marine Corps instead. After my time in the Marine Corps, Northern called me back and I ended up graduating with two degrees (‘71 and ‘76) and pursuing a career in education. In 2010—one high school and four different universities later—I retired after 36 years in the field.
Why I have made the decision to give back to the universities that gave me so much:
First off, I really enjoyed my time in college (some alumni may remember that about me) and the time I spent serving students at the schools where I was employed. I worked serving students in Admissions, the Registrar’s Office, Financial Aid, Advising, Career Services and Orientation. I was treated very well by all of my employers; with moving around, I was also blessed with a number of pension plans at retirement. Not having children of my own, but several nephews and nieces, I made the decision to share anything I had between them and the colleges where I worked.
Setting up my first living trust:
In 2001, I set up my first living trust. Half of the trust was to go to my family and the other half was designated to the four universities I worked for. I treated each college differently and because I’m a former employee and graduate of Northern, I committed 20% of my estate to it. At each of the colleges I set up an agreement outlining where I wanted those dollars to go, and in most cases I asked for scholarships to be set up for Student Ambassadors. In others instances I asked the funding to be left undesignated so that the Alumni or Foundation staff could use the dollars for daily operations or special projects. Most of the estate dollars will be set up in endowments so that the interest of those dollars will fund the programs into the future.
As an educator, I’m sure when I die it will not be a multi-million-dollar gift, but for an old hick kid from Montana, I will feel that I gave something back to those universities that gave me so much.
MSU - Northern
M: PO Box 1691
Havre, MT 59501
The Montana State University - Northern Alumni Foundation engages alumni and friends of the University, enriches student experiences and provides ethical stewardship while supporting the University's strategic goals.