The primary purpose of The REACH Foundation is to secure or "endow" the future of REACH, Inc.  Contributions to The REACH Foundation provide individuals opportunity to make lasting gifts that support their on-going commitment to REACH, Inc.

 

TYPES OF GIFTS INCLUDE, BUT ARE NOT LIMITED TO:

 

GIVING THE GIFT OF CASH:

Cash gifts are a most popular choice.  This is usually given in the form of a check and is the most common form of charitable gift.  Tax benefits are made available for individuals who itemize their deductions on Federal and State income tax returns.

MEMORIAL GIFTS:

Memorial gifts allow individuals to thoughtfully remember family members and friends who have been such a vital part of their lives.  Memorial gifts will always grow in the lives of all individuals served through the agency's programs.  The memorial gifts will be placed in The REACH Foundation unless otherwise specified by the donor.

ASSETS OTHER THAN CASH:

Many individuals have enjoyed significant gains in stocks and other investments in recent years.  If you have property that has increased in value since you have owned it, you may wish to consider using it to fund a charitable gift to REACH this year.

CHARITABLE REMAINDER TRUSTS:

These trusts provide a means to make a gift that will allow you an opportunity to retain income for life or for a period you specify.  Your gift is invested to provide you with either a fixed income (annuity trust) or annually adjusted income (unitrust).  A tax deduction is allowed at the time that an individual creates the Trust.  Upon death, whatever remains in the Trust is distributed to The REACH Foundation.

LIFE INSURANCE:

One of the simplest means to make a significant gift in the future is to name The REACH Foundation as beneficiary to receive all or a portion of proceeds of a policy no longer needed.  Life insurance needs change with time and an existing policy may no longer be needed for the reason it was originally purchased.

 

GIVING THROUGH YOUR WILL...

 

The best way for you to make a charitable bequest through your will depends on a number of factors including your assets, family considerations, and number of charitable interests.  A few of the most commonly used methods are:

Gifting a specific amount - Stating a dollar amount to be given in your will.

Gifting a percentage -  Consider the idea of giving a percentage of the assets passing through your will.

Gifting all or part of "what's left" - if you are not comfortable bequeathing a specific amount or percentage of your assets to charity, you might wish to provide a gift from the "residue" or "what's left" after specifically providing for your loved ones.

Gifting, to The REACH Foundation as final beneficiary, the remaining funds of an IRA or pension fund - which your loved ones do not use.

Since The REACH Foundation and REACH, Inc. are not-for-profit organizations, exempt from taxes under Section 501(c)(3) of the Internal Revenue Code, contributions may be tax deductible to those individuals who itemize their deductions.  There may be tax savings advantages resulting from your gift.  See your attorney and/or tax advisor for specific details.

If you would like more information on The Reach Foundation, please contact Stacy H. Wigfield at (715) 552-2763.

 

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1324 W. Clairemont
Suite One
Eau Claire, WI  54701

Phone: (715) 552-2763

 

Lawrence R. Gansluckner
Principal Financial Group
Board Chair

Raymond K. Hughes
UWEC
Board Secretary

Donald R. Marjala
Weld, Riley, Prenn, & Ricci  Treasurer     

Chris J. DeBruyckere
CD Marketing

William M. Scobie
Mason Companies, Inc.

John Hager            Coca Cola Bottling Midwest

Stacy H. Wigfield
REACH, Inc.