How Can You Help?

Cash and most other types of assets can be used to start or add to a fund.

Securities. A gift of long term appreciated securities can be deducted at full fair market value while avoiding capital gains tax.

Real Estate. Gifts of real estate can include homes, undeveloped land, farmland, and rental property. Any gift of highly appreciated real estate can provide substantial tax benefits. Certain standards must be met before the Foundation can accept real estate gifts.

Charitable Remainder Trust. Assets are placed in trust allowing you and your spouse to receive income for life. The asset eventually passes to the Foundation. This allows you to receive a charitable deduction, avoid capital gains tax, and remove the asset from your taxable estate.

Bequests. . Remembering our community in your will is easy. You may leave a percentage share of your estate, specify a dollar amount, or make the Foundation a contingent beneficiary.

Through a bequest, you can establish a permanent named fund or add to an existing fund.

Appropriate Bequest Language:

"I give and bequeath (describe gift) to the Wyoming Foundation, Warsaw, New York, to establish a permanent endowment fund known as the " _____________________" Fund. I direct that the income be used for (specify charitable purpose)."

How Can You Help?

Copyright © 2001-2005 Wyoming Foundation Inc.