We are in the midst of the largest transfer of wealth in Montana history. A study done in 2011 estimated that by 2020, $12 billion will pass from one generation to the next in Montana. The study showed $91 million will transfer in Dawson County. The question is whether any of that wealth will stay behind in the communities that helped build it. http://www.mtcf.org/transfer.html
Learn about tools that can help you or your clients take care of themselves, their families and the causes they care about while taking advantage of the maximum tax benefits.
Amy Sullivan will presenting in eastern Montana on Gifts That Give Twice: Planned Giving 101. It is beneficial for all audiences. "Many donor referrals are coming from professional advisors soI would love to meet with local professionals to see what Montana Community Foundation can do to help them in their work to ultimately help all charities in Montana," Amy said.
|October 28||Noon||Prairie County Courthouse|
|October 29||4:30pm||Wibaux County Courthouse|
|October 29||7:30pm||Dawson County Courthouse|
|October 30||10:00am||Yellowstone River Inn — Geared for Financial Professionals|
|October 30||Noon||Yellowstone River Inn — $10 lunch|
|RSVP: 365-5805 or email@example.com|
Amy Sullivan, Director of the Montana Office of Gift Planning
- Leads the Montana Office of Gift Planning as convener, educator, development officer and gift planning expert in support of Montana philanthropy
- Served as President and Chief Executive Officer of the Montana History Foundation for 10 years
- Ran her own association management and government affairs business while simultaneously managing a multimillion dollar federal voting rights project
- Started her career in journalism in Chicago and Great Falls, before spending eight years working for publicly elected officials including two governors, a congressman and a United States senator
- Master’s and bachelor’s degrees from Northwestern University’s Medill School of Journalism
Plan to come to one of the sessions or refer others. Amy will bring a software program that she can work with you on plugging in different scenarios to maximize your tax benefit. Any questions or to reserve a spot, call 365-5805 or one of the Greater Glendive board members.
Here for Good—the Greater Glendive Community Foundation will be taking grant requests for projects that better Dawson County after our year ends June 30.
There is still time and opportunity to make a difference in our community by contributing to our foundation. Most of Montana’s community foundations are like Glendive's, less than ten years old, have no paid staff and have limited resources to expand. With accelerating state and federal budget cuts, it is increasingly important that communities operate collaboratively and efficiently. Community foundations can effectively support this culture and help foster civic engagement and local philanthropy. Our funds, like 500 other non-profits, are expertly managed by the Montana Community Foundation professionals and their financial investors. Their records speak for themselves.
Through the MT Endowment Tax Credit, the MT legislature provides a great opportunity to leave a legacy of $5000 or more to local approved endowments and earn up to a 40% Montana tax credit for planned gifts, like annuities transferring stock to the Greater Glendive Community Foundation. Businesses or corporations can simply write a check to earn a 20% tax credit of whatever they give, up to a $10,000 tax credit. You can be rest assured your gift will be used to make Dawson County a better place to live, work and play, and will continue to grow and give back to the community many times over long into the future.
Greater Glendive Community Foundation. Here for good. Forever.
To learn more, visit the Community Foundations of Montana website.
We make a living by what we get,
we make a life by what we give.
—Sir Winston Churchill
Studies done in 2011 show that Dawson County residents will transfer $93 million dollars from one generation to the next in the next 10 years. If just 5% of that money could go to local projects, imagine what a difference it could make in the long term viability of Glendive and Dawson County. Assuming 5% interest, we'd have $280,000 to give back to community projects annually.
Imagine what a difference it could make in the long term viability of Glendive and Dawson County!
Tax deductible donations give back to the community as donations are invested, and your legacy lives on. Your financial gifts or assets allow the Greater Glendive Community Foundation Board to select areas of need and community projects from applications across Dawson County.
Giving locally comes back — to make Dawson County a great place to live, work and raise a family.
When you give to the foundation, your gift continues to grow and we can give out more annually. A gift of $10,000 to an organization is a wonderful one-time gift; a gift of $10,000 to the foundation will grow to $60,000 over 50 years, and keep giving back to the community for projects of need at that time.
Thank you for making our community better!
Greater Glendive Community Foundation
Box 1122, Glendive MT 59330
Building a sustainable future
for Dawson County
Funds are professionally managed by the Montana Community Foundation, a statewide charitable organization that holds more than 600 endowed funds valued at over $50 million.
MTCF, Box 1145, Helena, MT 59624. www.mtcf.org