| The Oregon Chapter of the American Public Works Association |
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Foundation Giving Individuals, groups and businesses may contribute to the Foundation by designating gifts to the American Public Works Association Oregon Chapter Scholastic Foundation, Inc. Gifts are added to the permanent endowment of the Foundation and are prudently invested. Until the principal amount reaches $100,000, dividends and/or capital gains will be re-invested to hasten the attainment of this initial goal. Once this goal is reached, the investment earnings will be used to support the distribution of scholarship grants. Foundation Operations Scholastic foundation Trustees are elected during the APWA Oregon Chapter Fall Conference each year. The current Chapter President and the immediate Past President automatically serve as Foundation Trustees during their term of office. Foundation Officers are elected by the Trustees at the first Foundation business meeting of the year.
Gift Categories The American Public Works Association Oregon Chapter Scholastic Foundation is a publicly supported organization registered with the Internal Revenue Service under the provisions of Section 501(c)(3) of the Internal Revenue Code. The taxpayer Identification Number is 93-1163543. All contributions to the Scholastic foundation are tax deductible charitable contributions.
Tribute Gifts For a minimum initial contribution of $1000 or more, the foundation will establish a Tribute Account. When contributions to the Tribute Account reach a minimum threshold value of $10,000, the donor is entitled to name a scholarship to be awarded in perpetuity.
Direct Gifts In addition to the established giving categories, a direct gift, large or small, will make an impact. A gift in the name of a departed friend, family member or associate can be a special way of ensuring that they will be remembered.
Wills & Estates Consider including the Scholastic Foundation as a worthy beneficiary when preparing or revising your will, leaving an exact dollar amount or a percentage of your estate to the Foundation. Another option is naming the Foundation as a residual beneficiary. The Foundation would receive its bequest after all other legacies have been paid. Consult you attorney or financial advisor for specific advice.
Insurance Life insurance provides some unique opportunities for giving. For example, you can name the Scholastic Foundation as beneficiary on an existing policy. Or, you may choose to purchase a new insurance policy designating the Scholastic Foundation as beneficiary. This allows you to declare the annual premiums as charitable tax-deductible contributions. Annuities and the residuary balance of your IRA, KEOGH and Registered Retirement Income Funds are also options for consideration in your giving plan.
American Public Works Association (APWA)
APWA is an international organization dedicated to the advancement of practices related to design, construction, administration, operation and maintenance of public works facilities and services through education and technology transfer. The Foundation The Scholastic Foundation was incorporated on December 2, 1994, by the members of the Oregon Chapter of the American Public Works Association with the goal of establishing a stable revenue source for funding student scholarships. Eligible recipients of the Foundations scholarship grants are students of Oregon colleges or universities who have achieved junior standing, and whose chosen education field is related to Public Works. Individuals working in the Public Works field who are continuing their formal education are also eligible for a scholarship. I WANT TO HELP BUILD A FOUNDATION FOR THE FUTURE. PLEASE SEND ME MORE INFORMATION.
Or to obtain further information, including a Statement of Policy, or to make a contribution, please contact: Oregon Chapter American Public Works Association Scholastic Foundation, Inc. 541- 926-0044 Copyright ©1999 Oregon Chapter of the
American Public Works Association |