USD 498 Foundation - Donors
Cultivating Potential
Donors
Becoming a donor to the Foundation entails giving an
-in-kind gift (art, book collections, equipment)
-gift of cash
-securities (appreciated stocks or bonds with income tax benefits of avoidance of capital gains and through the use of the securities' fair market value on the date of the gift for the income tax charitable deduction)
-life insurance
-bequests, annuities, trusts
Path of a Gift
Gifts go into an existing fund or create a new fund that is used to benefit USD 498 in the area designated by the donor. Individual fund accounts are managed by the USD 498 Foundation. Representatives of the district (such as the superintendent, staff, and/or board of directors) recommend specific uses for the fund within the donor's guidelines. Depending on the donor's specifications, a gift may be spent entirely or invested to provide support for USD 498 across generations.
