Support Our Legacy
Giving opportunities at Tuff Memorial Home.
Gifts through your will
Your will is more than a legal document; it is a testament to your life’s values and commitments. By including the Tuff Foundation in your will, you extend your support and ensure that our ministry continues to touch lives. You can choose to bequeath:
- A specific dollar amount to further our mission.
- A percentage of your estate to leave a proportional impact.
- A particular asset, such as real estate or securities, to help build our foundation.
For your bequest, we recommend the following wording: “I give and devise to the Tuff Foundation, a Minnesota corporation, the sum of $________, or describe the specific gift, to be used for its charitable purposes.”_
Other Ways To Give
Insurance Policies
You can assign the ownership of your insurance policy to the Tuff Foundation. This act not only grants you a tax deduction for the policy’s cash value but also removes the policy’s proceeds from your taxable estate. Should you opt to continue paying the premiums, they will be tax-deductible as charitable contributions.
Charitable Gift Annuity or Remainder Trust
Secure a life income while making a meaningful gift. These financial vehicles ensure that you or your designated beneficiary receive a fixed income for life, which is partially tax-free. The income you receive is determined by your age and the gift’s size at the time of the donation.
Cash or Real Estate
Make an impactful gift of cash or real estate either during your lifetime or through your will. If you choose to donate real estate, you can still enjoy its use during your lifetime or that of your beneficiary, with the added benefit of an income tax deduction for irrevocable gifts.
Securities
Gifts of long-term appreciated securities (held for more than six months) are not only generous but also financially wise. You can obtain a charitable deduction for their full market value and avoid capital gains taxes. If securities have lost value, consider selling them to realize the loss and then donating the proceeds to benefit from both the loss deduction and a charitable gift deduction.
Thrivent Choice Program
As part of the Thrivent Choice charitable grant program, Thrivent Financial for Lutherans members can direct where Thrivent distributes part of its charitable outreach funds. To learn more about directing Choice Dollars, visit Thrivent.com/thriventchoice or get in touch with the Tuff Memorial Home administration.
Get In Touch
For more information or to discuss your giving intentions, please contact us.
Administrator: Katie Kendall
Phone: (507) 962-3275 EXT. 7
Fax: (507) 962-3277
505 East 4th St
Hills, MN 56138-1017
Your legacy can be a beacon of hope and support for the Tuff Memorial Home community. We are here to help you with the process and answer any questions you may have. Thank you for considering a gift that will continue to give for generations to come.