Other Ways to Support WPFW
We are seeing an increase in donors who are supporting WPFW beyond the pledge drives and we would like to share with all our friends the many ways you can support the station. These methods provide financial benefits for both the donor and WPFW, and if you are unfamiliar with these methods, I encourage you to read on.
Securities – Donating appreciated securities or mutual funds can reduce or even eliminate federal capital gains taxes on the transfer. You also may be entitled to a charitable deduction based on the fair market value of the securities at the time of transfer. Contact us for details about our brokerage account to effect a transfer.
Gift in your will or trust – A charitable bequest is a simple and effective way to make a future gift! One sentence in these documents is usually all that’s needed to complete your future gift to WPFW. You can either give a specific amount, a gift contingent upon certain events or a percentage of your estate. Click here for language.
Beneficiary designation – A simple form provided by your plan administrator is usually all that’s needed to name WPFW as a beneficiary of your retirement plan or life insurance policy. Sometimes the administrator provides an easy on-line method to name a charitable beneficiary.
Donor Advised Fund – these "charitable savings accounts" give you the flexibility to make gifts to charities like WPFW as often as you want. Some fiduciaries have no or low minimums for setting up an account and they can accept cash funding or even appreciated securities. You get an immediate tax deduction when you fund the account and then you recommend which charities to benefit at any time.
Bank accounts – most banks allow you to designate a beneficiary through a “transfer-on-death” designation. Naming WPFW as a beneficiary of your bank or brokerage account is simple and straightforward and can be changed at any time.
Use your IRA – If you are age 70½ or older, you can give gifts from your IRA to a qualified charity like WPFW, without paying income taxes on the distribution.
Savings Bonds – When you name WPFW beneficiary of your savings bonds in your will or trust, you can bypass the tax burden owed when traditionally redeemed, or to the beneficiary who cashes them out upon your death.
Real Estate – Giving real estate to WPFW allows you to make a meaningful gift with potential significant tax benefits. Various ways include giving the appreciated property directly to WPFW, or you can consider a bargain sale or a retained life estate.
Please contact us at This email address is being protected from spambots. You need JavaScript enabled to view it., or call us a 202-588-0999. We have a volunteer on our Local Station Board who is a former charitable gift advisor for many charities around the DMV. Art Hyland will be glad to assist you in these forms of charitable giving. There is no obligation and this is not to be considered legal advice. All discussions are confidential. If you have already completed an estate gift in your plans, please let us know so we can welcome you to the Legacy Listener club!