Giving Matters: Ways to Support Woodie Wheaton Land Trust
There are many different ways for you to help build the future at WWLT. When you make a gift to the Woodie Wheaton Land Trust, you have tremendous flexibility in determining how the funds will be used. Here are a few options for your consideration. Please consult with your tax advisor and contact us with any questions.
Unrestricted Gifts
This type of gift can be the most valuable to WWLT because it allows the Trust to allocate funds wherever the need is greatest, and to take advantage of unique opportunities as they arise. All gifts received will be considered “unrestricted gifts” unless specifically designated otherwise.
Directed Gifts
When you make a directed gift to WWLT, you enjoy the satisfaction of knowing you are supporting a specific program or priority area that is personally meaningful to you. You can also designate your gift for current use or for endowment. Current use gifts provide funds and flexibility over the short term, whereas endowment gifts provide security over the long term by expanding the Trust’s permanent financial base and creating a predictable source of future income for such things as acquisitions or stewardship.
Outright Cash Gifts
can be made through credit/debit card transactions, outright cash, or personal checks. When you make an outright gift to WWLT, your contribution can be put to work immediately–either providing funding for current programs or creating a reliable source of future income by expanding the Trust’s endowment.
Non-cash Giving & Qualified Distributions
The WWLT can also accept non-cash gifts and qualified charitable distributions. Non-cash giving and gifts from retirement accounts may even have positive tax benefits for the donor (e.g. reported income reductions, itemized tax deductions, and lower capital gains taxes). Visit IRS.gov to learn more about charitable contribution deductions and consult with your tax professional to learn more about the benefits of non-cash giving.
Non-cash gifts may include:
- Stocks
- Mutual funds
- Securities
- Life insurance
- Qualified charitable distributions from retirement accounts
Planned Giving
Planned gifts leave a lasting legacy by remembering the Trust in your estate plan. Deferred or planned gifts, including bequests, life-income plans and other options for your estate can potentially increase your income, earn valuable income tax deductions and reduce your estate taxes. Naming WWLT as a beneficiary on a life insurance policy, with the proceeds offsetting an estate tax charitable deduction, and or specifying the Trust as a beneficiary of a 401K or IRA, offer a tax-efficient way to make a lasting contribution. As always, consult with your tax professional to learn more.
Some planned giving options include:
- Life Income Gifts
- Name WWLT as a beneficiary
- Charitable Lead Trust
- Assets
- Charitable Bequest
You can also make a donation online. Or, get involved by volunteering!
Interested in supporting our work? Please consider making a donation to the Woodie Wheaton Land Trust.