Stocks and IRAs

Gifts of Stock

A gift of stock is a simple and tax-effective way to make a gift to support Beacon’s patient-centered mission.

Before you make a gift of stock, please contact us to inform us which stock you plan to transfer, how many shares, and to which department you would like the proceeds transferred.

We can accept both stock and mutual fund gifts through a DTC transfer. Please give the following instructions to your bank or broker:

  • Broker: Merrill Lynch
  • Account Name: Beacon Health Foundation
  • Account No.: 620-04A14
  • DTC Code: 8862
  • Contact Person: Candy Raven at (574) 282-3611

Please include your name and address to ensure accuracy in recognizing you for your gift. If you or your bank have questions about how to complete the transaction, please contact us.

IRA Charitable Rollover

If you are 70½  or older, you can make a gift of assets to Beacon directly from your IRA. Such a gift does not result in a taxable distribution to you, and helps to satisfy the required minimum annual distribution from your IRA. Please note that gifts from a 401(k) or 403(b) plan do not qualify for this benefit.

Interested in giving a tax-free gift from your IRA? Beacon Health has a new tool that makes it easy to calculate how much you must take out of your IRA, and how much you can give directly to Beacon Health Foundation! 

Get started now. 

Gifts of Retirement Plan Assets

Gifts of retirement plan assets to Beacon, both during your lifetime and through your estate, can help to advance the quality of health care in our community, while at the same time providing you and your heirs with substantial tax benefits.

For questions or additional information regarding your stocks and/or IRA gifts, please contact the Foundation Office at: 

574-647-6613 or Give@beaconhealthsystem.org