The Washburn Community Education Foundation (WCEF) encourages giving to support education. As a 501(c)(3) nonprofit organization, WCEF is dedicated to ensuring and enhancing educational excellence in the Washburn community. There are many ways to make gifts, large or small, to the Foundation. Donors may add to the endowment or establish a new fund with the following types of gifts:
Cash: A cash gift is the simplest and most convenient means of sharing in the work of WCEF. Cash gifts can be made at any time. Cash gifts qualify as a charitable contribution for federal income tax purposes.Appreciated Securities: Gifts of appreciated securities (stocks and bonds) may also be used to support the work of WCEF. By transferring stocks or bonds to the Foundation, a donor may avoid capital gains tax and achieve other tax benefits.
Bequests: In a will, donors can include gifts to the Foundation in the following forms: a gift of cash, stock or property, whether specific or by percentage; a gift in trust to benefit family members during their lives, with principal conveyed to the Foundation at their passing; or a gift of the remainder of an estate when other specific bequests have been fulfilled.
Trusts or Life Insurance: Check with your investment professional for information on the development of a trust benefiting you and the Foundation, assigning life insurance dividends as a gift or naming the Washburn Community Education Foundation as beneficiary.
IRA Distributions: Generally, when you take a distribution from your IRA, it is treated as taxable income. Under this provision, made permanent in the 2015 federal spending and tax package, those assets are excluded from income if the distribution is made directly to charity.
As with any financial decision, we recommend that you take the advice of a trusted investment advisor, exploring creative ways for your gifts to achieve maximum benefits. Donors may give visibly or anonymously. There is no greater encouragement for others to give than to see what community leaders have given. Grants can be made in a donor’s name and gifts will be publicly acknowledged. Or, if preferred, all activity from the fund may be kept anonymous.
You can send your gifts to:
Washburn Community Education Foundation
P.O. Box 52
Washburn, Wisconsin 54891
Or donate online through PayPal using the button above.