Ways To Give
A cash gift, through a personal check or credit card, is the most popular type of charitable gift FoundationONE receives. You can make gifts using a credit card by clicking on GIVE, in the upper right corner.
IRA Required Minimum Distribution
If you are 70 ½ or older and do not currently need your Required Minimum Distribution (RMD) for living expenses, you can make a contribution to FoundationONE of up to $100,000 annually from your IRA and reduce your taxable income. An easy way to fulfill your RMD, reduce your tax liability, and support students at UCA. Here’s what you need to do:
1) Act before December 31 to transfer the RMD funds directly to FoundationONE.
2) Call 208-288-1260 for assistance, or use our sample letter to give your IRA administrator instructions.
Residential, agricultural, commercial or investment real estate can be given to benefit FoundationONE as a current gift. If FoundationONE accepts the real estate transfer, the Foundation will immediately list the asset for sale, and the net sale proceeds will benefit the fund(s) you designate. This is a great way to avoid capital gains taxes on highly appreciated real estate.
Transferring a gift of securities—stocks, bonds or mutual funds—that have been held long term allows you to receive a charitable deduction for the full, fair market value of the securities. Giving securities that have appreciated in value also allows you to avoid capital gains tax.
You can donate a life insurance policy to FoundationONE or simply name FoundationONE as the beneficiary. For the gift of a paid-up policy, you will receive an income tax deduction equal to the lesser of the cash value of the policy or the total premiums paid. To qualify for the federal charitable contribution deduction on a gift of an existing policy, you must name FoundationONE as owner and beneficiary. To make a significant future gift at a relatively low cost, you may do so through a new life insurance policy, designating FoundationONE as the beneficiary.
Many corporations and businesses match their employees' charitable gifts with a contribution of equal or greater value. A matching gift may be initiated by completing your company's matching gift form and sending it with your gift to FoundationONE. Check with your human resources or personnel office to determine if your employer has a matching gift program and if your gift qualifies for a corporate match.
When considering a planned gift, there are many options to choose from. Whether you would like to put your donation to work today or benefit the Foundation after your lifetime, you can find a charitable plan that will help you provide for your family and support FoundationONE.
The optimal gift plan depends on your charitable and personal objectives, your available assets, your income tax bracket, your age, your health, your income needs, etc. To discover the best plan for your particular situation will require a little research. You can do the research yourself by following one of the links in Begin My Giving Journey. Or you can contact Don Klinger at email@example.com or 208-288-1260, and he will do the research for you.
Don Klinger is a Certified Specialist in Planned Giving. For 17 years Don has been helping clients understand the benefits of the various planned giving instruments. He is eager to help you to make the best decisions for yourself, your family, and your favorite charity.
If you include FoundationONE in your plans, please use our legal name and Federal Tax ID.
Legal Name: FoundationONE
Federal Tax ID Number or EIN: 73-1710393
Named Scholarship Funds
FoundationONE is pleased to partner with families or groups who wish to create a permanent legacy in honor of a loved one. The family can determine the scholarship criteria, which often reflects the values of the person being honored. The family
also determines the number and the value of the scholarships distributed.
Typically distributions begin after a scholarship has achieved a minimum of $25,000. Of course, the amount of the distribution will be in proportion to the amount of income generated by the fund.
FoundationONE provides the following services to the family or group establishing a Named Scholarship Fund:
• Create a Named Scholarship Fund Agreement
• Assist with marketing the Named Scholarship Fund
• Provide the fund agent with an annual financial report
• Facilitate the presentation of the awards and involve
family members, if desired.
If you would like to consider establishing a Named Scholarship Fund, contact Linda, (509) 939-1716 or firstname.lastname@example.org.
Regional Board Partners
FoundationONE has supporters living all over the United States—Florida, Tennessee, Colorado, and California. While these close friends may not be able to serve on the board, they are intensely interested in the growth of FoundationONE, so,
we keep them informed. They receive board meeting notices and minutes. And when they are in the area, they join the board, and even vote!
Regional Board Partners try to connect FoundationONE leaders with the UCA alumni and friends living in their community. For example, when we have a get-together in their community, they assist with arrangements and help host the event. Our Regional
Board Partners are really our field reps—they extend our reach—we couldn’t possibly do it all without them!
If you would like to become a Regional Board Partner, contact Linda, (509) 939-1716 or email@example.com.
Social Media Network
FoundationONE is endeavoring to broaden its reach through digital marketing, and Eric Weber, ’10, is leading the charge! We want to connect with EVERYONE who is passionate about UCA and Adventist boarding schools. If that describes you,
please don’t wait to be invited! Like us on Facebook.
FoundationONE is blessed to have several professionals who willingly contribute their expertise to help build up FoundationONE. We have a CPA, an attorney, a Certified Planned Giving Specialist, and investment professionals. If you are a highly
qualified, experienced professional, please consider sharing your expertise with FoundationONE.
Send your curriculum vitae or resume to firstname.lastname@example.org.
Many alumni and friends designate FoundationONE to receive memorial donations, in lieu of flowers. These donations accomplish two things: they help grow the endowment and they help us make new friends. If you choose to designate FoundationONE
to receive memorial donations, we will notify you of every gift received, and of course, we promptly send the donor a tax-deductible receipt and a thank you letter. Thank you for keeping FoundationONE in mind when you lose a loved one.
For personalized memorial donation envelopes, contact Linda, (509) 939-1716 or email@example.com.