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Named Endowment

A named endowment fund at Billings Clinic Foundation is an excellent way to create a permanent legacy that endorses what matters most to you. Endowment donors have a unique opportunity to watch gifts inspire, encourage and create excellence today with the assurance your investment will fortify Billings Clinic and touch countless lives for years to come.

A named endowment is created through providing a gift to Billings Clinic Foundation that is permanently invested to produce annual allocations for projects designated by donors. The principal funds in our endowments are never spent. Only a percentage of the interest and appreciation earned from the endowment is used to support current programs and services, the remainder is reinvested back into the endowment fund. This ensures that the endowment fund lives at Billings Clinic forever, helping us meet the long-term health care needs of our community and region.

These special endowments may be “named” for either the donors themselves, relatives, or other special friends. In a simple written agreement with the Billings Clinic Foundation, the donor(s) may specify where they would like their endowment earnings allocated.

How to establish a Named Endowment

Direct Gifts

Direct gifts of cash or other property with a value of $10,000 or more may be used to create a named endowment at Billings Clinic. Lesser amounts are generally accepted and will be fully endowed, providing the donor intends to attain the $10,000 level within five years. (Examples of property gifts include appreciated stocks, bonds, commercial or residential property and farmland.)

Deferred Giving

Gifts to Billings Clinic may be arranged through a variety of deferred giving opportunities. Even though the gift comes to Billings Clinic in the future, all of the necessary agreements are prepared today. Deferred gifts include will provisions, life estates, charitable life income arrangements, retirement plans and life insurance.

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Billings Clinic Foundation
P.O. Box 31031
2917 10th Avenue North
Billings, Montana 59107-1031

Email us or call 406-657-4670 or 1-844-240-4438