TaxSmartGiving
Support our mission by Giving Joyfully, knowing that your generosity carries the Franciscan spirit of service into the future.
Together, we create lasting impact, strengthen communities and ensure the Franciscan mission endures for generations to come.
Tax Smart Giving Options to Consider When Planning Your Charitable Giving
- Qualified Charitable Donations (QCDs): A Qualified Charitable Distribution (QCD) allows individuals age 70½ and older to donate directly from a taxable IRA to a qualified charity, excluding the gift from taxable income while helping satisfy Required Minimum Distributions (RMDs).
- Donor-Advised Funds (DAFs): A Donor-Advised Fund (DAF) acts as a charitable giving account, offering an immediate tax deduction when established, tax-free investment growth and the flexibility to recommend grants to 501(c)(3) nonprofits over time.
- Donating Appreciated Stock: Giving appreciated stock (held for more than one year) to a nonprofit is a tax-efficient way to support your favorite charities, allowing you to avoid capital gains tax and receive a deduction for the stock’s fair market value.
Please consult with your tax or financial advisor for assistance with processing your tax smart gift.
Giving Joyfully through Bequests
Bequests are a powerful and meaningful way to continue the meaningful work of Franciscan Ministries well into the future. By including Franciscan Ministries – or one of our communities or ministries – in your estate or planned giving, you extend your legacy of compassion, care and joyful service.
Gifts can be made through your will or living trust and may designate a specific dollar amount, a percentage or the remainder of your estate when other provisions are met. Another means of making an estate gift is by designating Franciscan Ministries as a beneficiary of a retirement account or life insurance policy. Please consult with your attorney to draft language for your will or living trust. The legal names, addresses and Federal Tax ID Numbers of our entities are listed below.
Franciscan Ministries
11500 Theresa Drive
Lemont, IL 60439
EIN: 36-3579767
Our Senior Living Communities
Addolorata Villa
555 McHenry Road
Wheeling, IL 60090
EIN: 35-1124441
Franciscan Village
1270 Village Drive
Lemont, IL 60439
EIN: 35-1124441
Marian Village
15624 Marian Drive
Homer Glen, IL 60491
EIN: 35-1124441
Mount Alverna Village
6765 State Road
Parma, OH 44134
EIN: 35-1124441
St. Joseph Village of Chicago
4021 W. Belmont Avenue
Chicago, IL 60641
EIN: 35-1124441
The Village at Mercy Creek
1501 Mercy Creek Drive
Normal, IL 61761
EIN: 45-4195490
The Village at Victory Lakes
1075 E. Victory Drive
Lindenhurst, IL 60046
EIN: 35-1124441
University Place
1700 Lindberg Road
West Lafayette, IN 47905
EIN: 35-2058981
Our Ministries
Madonna Foundation
11500 Theresa Drive
Lemont, IL 60439
EIN: 36-4454351
St. Jude House
12490 Marshall Street
Crown Point, IN 46307
EIN: 35-1905782
Franciscan Ministries
11500 Theresa Drive
Lemont, IL 60439
EIN: 36-3579767