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Ways of Giving

A decision that comes with every gift is what form (or mechanism for making the gift) your gift will take. Below are some of the most popular options. Our executive director is happy to meet with you about any of the following options and can be reached at 509.682.6410 or slockhart@wvc.edu.

To download a WVC Foundation Will-Bequest Form, please click here (the form is a Word document).

Cash

A simple donation of cash, which includes checks and credit card payments. These types of gifts may be made online (in progress and coming soon to WVC ) or in person.

Stock

A gift of shares of common stock that you own. The stock will be sold by the WVC Foundation and the net proceeds used for the purpose you have specified for your gift.

Bequest

A simple bequest in which you write a will which passes some of your estate to the WVC Foundation upon your death to be placed into a designated fund, or a fund that your gift creates.

Charitable Remainder Trust

A Charitable Remainder Trust in which you would provide a gift of cash, stock or real property to the WVC Foundation. The money (or proceeds from the sale of your gift) would be invested by the Foundation and a certain percentage would be sent to you each year as an annuity payment. The payments would continue until you (and your spouse, if desired) pass away at which point the amount remaining in the trust would be used for the purpose you have specified for your gift.

Revocable Living Trust

A revocable living trust in which you establish a trust which will benefit the WVC Foundation. Into that trust you place a portion of your assets. Upon your death, the assets in the trust would pass to the Foundation and used for the purpose you have specified or placed into the fund or funds you have identified.

Life Estate Agreement

A life estate agreement in which you donate your home to the WVC Foundation who in turn grants you the right to live in the home until you die. At that point the home is sold by the Foundation and the proceeds would be used for the purpose you have specified or placed into the fund or funds you have identified.

Life Insurance

A life insurance policy in which you would buy a policy and donate it to the WVC Foundation. The WVC Foundation would hold the policy until your death at which point it would be cashed in and the proceeds would be used for the purpose you have specified or placed into the fund or funds you have identified. Alternatively you could simply name the Foundation as the beneficiary of an existing policy. Upon your death, the same thing would occur.

Real Estate or Tangible Personal Property

A donation of real estate or other tangible gift such as silverware, art, etc. Once in the hands of the Foundation such a gift would be sold and the proceeds would be used for the purpose you have specified or placed into the fund or funds you have identified.

*Please consult your financial advisor to determine which may make the most sense for you and will bring you the maximum tax benefits.


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