What are legacy gifts?
Legacy gifts can be present or deferred gifts. They are lasting contributions that allow for meaningful work to occur in perpetuity. Many times gifts are created during an estate planning process and payment is deferred until the time the estate plan is enacted. The most common deferred gift is a bequest. Planned gifts made in the present include transfers of appreciated stocks, IRA disbursements, and cash gifts.
How do planned gifts support the Foundation's work?
Planned gifts provide the Washington Apple Education Foundation with on-going support for vital educational assistance provided to outstanding young people in tree fruit districts. This support ensures the industry can continue to send its young people to college and prepare them for important, future leadership roles in the industry and its communities.
How do I make a bequest gift to the Foundation?
The Washington Apple Education Foundation can be named in your will in a variety of ways. Below is some sample wording for you to consider with your advisors:
"I give to the Washington Apple Education Foundation located in Wenatchee, Washington, or any successor organization thereto, the sum of $100,000."
"I give to the Washington Apple Education Foundation, located in Wenatchee, Washington, or any successor organization thereto, 100 shares of WWW stock."
"I give to the Washington Apple Education Foundation, located in Wenatchee, Washington, or any successor organization thereto, 50% of the rest, residue and remainder of my estate."
You might also consider naming the Washington Apple Education Foundation as the beneficiary of your life insurance policy.
How are planned gifts used by the Foundation?
Gifts to the Washington Apple Education Foundation are utilized in perpetuity through the Foundation's general endowment, unless otherwise instructed by the donor. Please consider personally contacting the Foundation with your bequest wishes. Discussion will be held in strictest confidence.
Who do I contact for information or a confidential discussion?
Please contact the Foundation's Executive Director, Jennifer Witherbee, at (509) 663-7713 or email@example.com