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Forever Fund Giving Program

Forever Fund Giving Program:

In 2011, Women in Focus established the WIF Scholarship Endowment Fund at the Madison Community Foundation. This is our permanent Forever Fund. The interest and growth of the assets will be used for WIF scholarships, while the principal will remain invested and continue to generate income for scholarships in perpetuity. The Forever Fund can accept donations of cash/checks, closely-held stock, life insurance, mutual fund shares, publicly traded securities, real estate and retirement plan assets. We are pleased to have the assistance of the staff of the Madison Community Foundation as we grow the Forever Fund. By making a gift to the Forever Fund now, our donors are providing college scholarships for students of color in the future in perpetuity. Your help now is so powerful!

Donations to the Forever Fund: Your check or Paypal contribution in any amount is greatly appreciated. We send a lovely acknowledgement and thank you card to each contributor and we maintain a list of all Contributors. Please make your check payable to Women in Focus, and write Forever Fund on the memo line. Send checks to WIF, PO Box 44013, Madison, WI 53744. Or you may charge your donation by visiting the WIF website Give page and following the prompts. Your donations are fully tax-deductible.

Pledges to the Forever Fund: We will be very pleased if you decide to make a recurring donation. If you want to give $25.00 a month, you can complete a simple form to authorize the Madison Community Foundation to make an electronic funds transfer from your account to the Forever Fund. Please contact Sally Hestad 608.273.1600 about this.

Forever Fund Giving Levels:

$1-$250 Benefit Contributor
$251-$499 Award Contributor
$500-$999 Dream Contributor
$1000-$1999 Destiny Contributor
$2000-$4999 Tribute Contributor
$5,000-$44,999 Trophy Contributor
$45,000 + Legacy Contributor
(The Legacy Contributor amount funds one $2000 scholarship annually, and the scholarship can be presented in honor of the contributor if desired)

Gift Ideas: Put a donation to the WIF Forever Fund on your birthday gift list, your holiday gift list, your anniversary or thank you gift list. This is truly the gift that keeps on giving!

Honoring Gift Program: Contributions at any level can be made to the Forever Fund in honor of an individual, perhaps a parent, sibling, child or friend. You and the person who is being honored will both receive our lovely acknowledgement card, and both your names will be listed in the Forever Fund's List of Contributors.

Gifts of Appreciated Securities or Mutual Fund Shares to the Forever Fund: You may receive very favorable tax savings. You can immediately deduct the entire value of the gift and you are exempt from paying capital gains on the appreciation of the assets that are donated. Please contact MCF’s Ann Casey at 608-232-1763 to discuss these donations to the WIF Forever Fund.

Bequests in Wills to the Forever Fund: It is easy to add a bequest to the WIF Forever Fund to your will. Sample Bequest Language: “I give, devise and bequeath $5000 to the Madison Community Foundation for the Women in Focus Scholarship Endowment (Forever Fund).”

“I give, devise and bequeath 100% of my shares of Facebook stock to the Madison Community Foundation for the Women in Focus Scholarship Endowment (Forever Fund).” Contact your attorney to update your will to benefit the WIF Forever Fund!

Life Insurance/Retirement Plan Beneficiary Designation: List Madison Community Foundation for the Women in Focus Scholarship Endowment (Forever Fund) as your sole beneficiary or as one of several beneficiaries on your life insurance policy or retirement plan. The time to do this is right away!

Charitable Gift Annuity: If you want to receive monthly payments during your lifetime from an asset, and give the remainder to the Women In Focus Forever Fund and receive a tax benefit, a charitable gift annuity is for you! Contact Ann Casey of MCF with any questions at 608.232.1763.

Gift of Real Estate: Gifts of real estate may include a house, apartment building, farm, vacation home, commercial building or land. Real estate can be given outright, or through a bequest in your will. A gift of real estate that you have owned for more than one year entitles you to a tax deduction for the full market value of the property and exempts you from paying capital gains tax. Gifts of real estate typically require procedural steps such as a site visit to the property, a qualified appraisal, a title report and an environmental assessment. Contact Ann Casey of MCF with any questions at 608.232.1763.

We very much want to hear from you to discuss the way you would like to help. Please call Sally Hestad, 608.273.1600 or email hestad@hestadlaw.com.


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