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Frequently
Asked Questions |



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- Why give a gift to Northwestern?
One of the most important aspects of Northwestern is that
it has always had a sense of community. So we view part
of our work as efforts to build, and strengthen, that sense
of community. Out of that sense of those things that we
hold in common-our "common unity"-comes the strength
and collaboration to advance the common good.
We give to anyone, or any thing, based on what our values
are: we give of ourselves to friends and family that are
in need, we give of our time to support those causes that
need our direct interaction, and we give of our resources
and assets to advance a cause, improve a community, and
to leave a legacy.
The values we all hold dear determine what, and whom,
we support-and how that support is provided. Values are
not anything you have to defend, they are simply the deep
and personal orientation you bring to life's decisions.
So the first question that is important is this: When
you seek to make gifts or to do estate planning, what
are your values? Additionally, what kind of work, direction,
or cause do you wish to advance or support? Is it research
that seeks to answer questions about the cost-effectiveness
of health care? Is it the comparison of two different
modalities of care? Is it to provide free services to
address community health needs? Is it clothing or food
for the poor?
Northwestern's mission elements of service, education
and research offer three main avenues for improving the
common good. Because of this, your gifts can benefit the
community of health care providers that seeks to have
fundamentally healthy relationships with patients and
clients in ways that improve the quality of peoples' lives.
- What is the address of the Development
Office?
Office of Development
Northwestern Health Sciences University
2501 W. 84th Street
Bloomington, MN 55431
Phone: (952) 888-4777, ext. 237
Fax: (952) 886-7583
E-mail: giving@nwhealth.edu
- What are the different ways I can make
my gift to Northwestern?
- Annual Giving
- President's Circle
Our President's Circle is comprised of individuals
who commit to a level of annual giving and who are
invited on a quarterly basis to meet with the president
of Northwestern for a free-flowing exchange of ideas,
plans, concepts and detailed information about the
operation of the university. Members serve at the
pleasure of the university president and may apply
or be invited. To apply, contact our office or apply
online (coming soon).
- Capital Campaigns
Our Capital Campaigns occur from time to time as we
are required to expand our physical facility to assure
that our students are able to learn in the most effective
environment. To make a gift or establish a pledge,
you can contact our office or set up your account
online.
- Remembrance Fund
Our Remembrance Fund is an opportunity to make gifts
in the name of friends, colleagues and other loved
ones who have left us. It is a nice way to advance
the status of the professions they loved and worked
to enhance. To make a gift you can contact our office
or set up your account online.
- Research Fund
Our Research Fund supports the efforts of Northwestern's
internationally recognized leadership in clinical
research. To make a gift or establish an annual pledge,
you can contact our office or set up your account
online.
- Northwestern Wall of Honor
The Northwestern Wall of Honor is being established
in the fiscal year 2001-2002. Look for it when you
come to our Homecoming and Winter Gathering in February
2002!
- Planned Giving
- Gifts of securities or stocks
- Gifts of retirement plan assets
- Gifts of real estate
- Gifts of life insurance
- Gifts of cash
- Credit Card gifts can be made online
- Checks can be made out to Northwestern Health Sciences
University and mailed to our office.
- What are the tax benefits of making
a gift to Northwestern?
Everyone's personal situation is different, so you need
to consult with your tax advisor. Generally speaking, however,
there are benefits proportional to the value of the gift.
These benefits may be realized immediately, realized over
a period of years, or deferred.
- How much of my donation is tax deductible?
This depends on personal circumstances, and if your donation
is cash, securities, or real property. Check with your tax
advisor.
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Can I direct a gift for a certain
goal?
Any gift made to Northwestern can be directed for use
in scholarship, capital drives, remembrance, research,
or general institutional needs. To direct your gift, simply
attach a letter stating your wishes. Our response to you
confirming your donation will reflect your wish and the
donation's specific application, where appropriate.
- How can I get my gift matched by my
company?
Many companies will match charitable donations employees
make to non-profits and other programs. Check with your
human resources office to see if your company has such a
program.
- How will I be recognized for my gift?
We know that people who wish to see the university advanced
are not looking for special recognition. At the same time,
we believe that the generosity of our friends and alumni
is something that may deserve special note. You may find
that a mention of your gift is made in the Alumni Bulletin
or some other university or college publication. If you
wish to remain anonymous, your wishes will be respected.
Simply indicate to us in a letter along with your donation
that you desire anonymity.
- Will I need a tax advisor to help me
set up a planned gift?
Northwestern works with attorneys and tax specialists to
create charitable remainder trusts and other forms of planned
giving. Wills and bequests are not typically done by the
institution, as they reflect your overall needs and wishes.
It is most important that you consult with your own tax
advisor or counselor before making a donation to Northwestern.
Your advisor will work with Northwestern's advisors to craft
the most appropriate answer to your planned giving interests
and estate planning requirements.
- If I include Northwestern in my will,
whom do I need to tell about it?
Typically, a donor will notify our offices of their intent
to remember the university in their will. A certified copy
of the bequest text is sometimes sent to our office for
our records.
- How do I prove I have made a gift
to NW when I file my taxes?
You will receive a letter from NW identifying the gift,
the amount, and the dateas well as a note from us thanking
you!
If you have any questions about these, or other matters
pertaining to charitable donations to Northwestern please
contact us at 952/800-888-4777, ext. 237 or giving@nwhealth.edu
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Health Sciences University, 2501 W. 84th St., Bloomington,
MN 55431, (952) 888-4777.
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Coordinator.
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