Special Gift Ideas
Please contact one of the Board of Trustees or the WREA Office to discuss these possibilities.
- Outright Gift—a donation of cash, securities or personal property.
- Living Trust—a trust you establish to take effect during your lifetime.
- Bequest in a Will—a gift you make in naming the WREA Foundation in your will.
- Life Insurance Gift—a gift of an old or new policy with the WREA Foundation named as beneficiary or owner.
- Legacy Fund—a new gift of $5,000, which allows you to establish a fund in your name. The Board determines its use with your interests in mind.
- Retirement Gift Plan—a gift made by naming the WREA Foundation as a beneficiary after your death. Gifts from retirement plans are called remainder gifts.
- Real Estate Gift—a donation to the WREA Foundation of real property.
- Charitable Remainder Annuity Trust—a trust that pays a set income to you or those you name before the WREA Foundation receives the remainder of the trust.
- Charitable Remainder Unitrust—a trust that pays variable income to you or those you name before the WREA Foundation receives the remainder.
- Charitable Gift Annuity—a contract in which the WREA Foundation agrees to pay you back a percentage of your gift annually for your lifetime.
WREA Attorney Denis R. Vogel has prepared the following language for individuals wishing to leave a bequest to the WREA Foundation:
WORDING FOR A WILL
I give to the WREA Foundation, Inc. a nonprofit corporation located in Middleton, Wisconsin, the sum of $________ (and or the securities or other property described herein namely __________) to be used as directed by the Board of Trustees of the WREA Foundation, Inc.
WORDING FOR A REVOCABLE TRUST
___________ percent of the residuary assets of the trust shall be distributed to the WREA Foundation, Inc. a Wisconsin non-profit corporation located in Middleton, Wisconsin to be uses as directed by the Board of Trustees of the WREA Foundation, Inc.
Do You Know?
You can make a donation to the WREA Foundation using appreciated securities, including publicly traded or privately held stock and mutual funds? This method of giving allows donors to take a charitable deduction on their tax returns for the full current value of appreciated securities held longer than one year.
Because the WREA Foundation is a 501(c)(3) organization, donors do not have to pay the capital gains tax that would be due if these securities were sold under normal circumstances.