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Make A Gift to LincolnHealth

Every gift helps and every gift is important! Below you will find an outline of the most common types of gifts. In addition to knowing you’ve made a difference in the lives of others, your philanthropic giving can blend with your financial needs and tax planning. While our development professionals are ready to work with you and your family to help you make the best giving decision, you should always consult your own financial advisor or attorney when considering a planned gift. Please contact the Development Office at 207-563-4570 for more information.

Contact Information

LincolnHealth Development Office | 35 Miles Street, Damariscotta, ME 04543
In Boothbay Harbor: 207-633-1938 | In Damariscotta: 207-563-4570

Gift Types

Make a cash donation (paid in cash, by check or by credit card) directly to LincolnHealth to support our Annual Fund or designate your donation to a specific program. 
Make a gift of your appreciated stock, mutual funds, or bonds. LincolnHealth will then sell it and use the proceeds. If the stock is worth more than you paid for it, you will receive a greater tax benefit than if you’d paid cash. 
Designate a portion of your will or trust (cash, property, or a share of the remainder of the estate) to LincolnHealth. This gift costs you nothing now, but still helps LincolnHealth build financial strength. 
Name LincolnHealth as a beneficiary on your paid-up insurance policy or transfer ownership of a policy you no longer need. 
Name LincolnHealth as a beneficiary of all or any portion of your IRA, 401(k), or other qualified plan. 
The IRA Charitable Rollover allows individuals age 70½ and older to make direct transfers totaling up to $100,000 per year to 501(c)(3) charities, without having to count the transfers as income for federal income tax purposes.
You donate property outright. We will use the property or sell it and use the proceeds. You get an immediate tax deduction on the discount from the appraised value of your property and pay no capital gains tax on the donated portion. 

In the case of a Retained Real Estate gift, you give your primary residence, vacation home, or land to LincolnHealth but continue living there until the end of your lifetime when it is then transferred to LincolnHealth. There’s an immediate tax deduction for a portion of the appraised value in the same year you give the donation.
You donate your tangible personal property (art, antiques, collectibles, etc.). LincolnHealth will display it, use it to further a program, or sell it outright. You receive an income tax deduction on the appraised fair market value of your gift and pay no capital gains tax. 
Charitable Remainder Unitrust
Cash, securities, or other appreciated property is transferred into a trust. LincolnHealth pays a percentage of the income, valued annually, to you or your named beneficiaries. The remainder goes to LincolnHealth when the trust terminates. 

Charitable Remainder Annuity Trust
Cash, securities, or other appreciated property is transferred into a trust. LincolnHealth pays a fixed amount annually to you or your named beneficiaries. The remainder goes to LincolnHealth when the trust terminates. 
In exchange for a gift of cash or securities, LincolnHealth pays you (or your designate) fixed income for life. When the contract ends, the balance goes to LincolnHealth.
Contribute securities or other appreciated assets to a charitable lead trust. LincolnHealth will receive an annual payment. When the trust terminates, remaining principal goes to your heirs.

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Memorial Hospital held its 41st Annual Golf Tournament on July 22 at the North Conway Country Club with 132 golfers in attendance.
Annual Health Care Golf Classic Benefits Two Organizations
Franklin Community Health Network’s annual Health Care Golf Classic was held July 12 at the Sugarloaf Golf Club netting approximately $17,500 in proceeds to benefit the Healthy Community Coalition (HCC) of Greater Franklin County and the Martha B. Webber Breast Care Center.
MaineHealth makes significant workforce investment, raising wages for its care team members starting Aug. 8
In addition to a base wage increase for nearly all employees, the minimum pay rate across the health system will rise from $14 to $17 an hour, and market adjustments will be made for hard-to-fill roles.
Ross Isacke, DO, Joins Franklin Community Health Network as New Chief Medical Officer
Franklin Community Health Network (FCHN), a member of MaineHealth, is pleased to announce that Ross Isacke, DO, will join the organization as chief medical officer (CMO), beginning September 7.