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Donations to the Foundation
Gifts to the foundation include:
• Outright gifts or cash over time (pledges);
• Equities,
• Securities,
• Real estate;
• Life insurance;
• Corporate contributions;
• Planned gifts (bequests or trusts); and
• Tangible personal property.
Cash donations may be:
• Restricted – limited by the donor to be spent only
for specific
purposes or programs;
• Unrestricted – available for financing current
operations
–
not limited by the donor; and
• Endowment – invested with the principal held
intact in
perpetuity and with only interest
expended.
Gifts of $250 or more with no benefit received by the
donor must be
acknowledged in writing. The donor is
responsible for determining the
fair
market value of
gifts of goods or services. A third party estimate is
required
for gifts of $5,000 or more.
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