Ten
Reasons To Give Through the Wyoming Community Foundation
01.
We build endowment funds that grow and benefit the sate
forever
02. We help donors create an
individual or family legacy
03. We offer donor involvement
in selecting charities
04. We are a state-wide organization
meeting a broad range of changing state and local needs
05. We provide a simple way
to fulfill multiple charitable interests, with low cost
administration
06. We deliver personalized
donor service; we're flexible and responsive to unique needs
07. We accept a wide variety
of assets
08. We offer maximum tax advantage
09. We can preserve donor intent
even when community needs and organizations change
10. We are known for prudent stewardship and investment
practices
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Ways
to Give
The Wyoming Community Foundation offers donors a variety of
ways to give, and many ways to establish funds. The Foundation
can accept cash, securities, real estate, closely held stock,
life insurance, and other personal property. Gifts may be
made during one's lifetime, or through deferred gifts and
bequests. In consultation with your attorney, tax advisor,
or financial planner, the Foundation can assist you in establishing
a Planned Gift. We can help you with a specific bequest in
your will or living trust.
A
Fund In The Foundation
This is an individual account created by the contribution
of a donor or group of donors. Each fund carries a name chose
by the donor or donors. That name and the guidelines established
when the fund is created, become it's distinguishing characteristics
for perpetuity.
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Anyone can create a Foundation fund. Individuals, companies, nonprofit organizations, and other foundations.
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A donor doesn't have to be "wealthy" to establish a "named fund" in the Foundation. A fund may be created with a minimum contribution of $10,000.
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Anyone may add to any fund in the Foundation, in any amount, at any time
Unrestricted Fund (Discretionary Funds) - These funds offer the Community Foundation the most flexibility to respond to changing community needs. Distributions from this fund are made without restrictions at the discretion of WYCF's Board of Directors, ensuring that the gifts will always address current issues.
Geographic Area or Field of Interest Funds - These funds support charitable organizations and activities within a within a specific geographic area or within a particular charitable field such as arts and culture, conservation and natural resources, education, civic enrichment projects and health and human services. The Foundation identifies appropriate grantees with established parameters.
Donor Advised Funds - These funds enable donors to recommend distributions to specific charities. The Community Foundation is pleased to have the opportunity to consider those recommendations when grants are decided upon. By law, the Foundation is required to retain the ultimate authority for fund distributions.
Designated Funds - These funds specifically benefit the charities of the donor's choice. This support may be in a fixed dollar amount or a specific percentage of available income. If the named organization changes significantly or ceases to exist, the Community Foundation board of directors is responsible for selecting an alternative recipient in keeping with the original intent of the donor.
Scholarship Funds - These funds provide for students attending publicly funded or private (not-for-profit) institutions. The donor may specify the schools the students are to come from, or are to attend.
For more information about giving, please contact:
Press Stephens, Development Director
press@wycf.org
307-587-6342