Your Guide to Planned Giving

 

The American Hellenic Educational Progressive Association (AHEPA) Milwaukee Chapter 43 was established on March 17, 1924, less than two years after AHEPA nationally was founded in Atlanta, GA.


In 1959, AHEPA Milwaukee Chapter 43 established a scholarship foundation to support academically gifted high school students and reward those in our Hellenic community who have achieved outstanding success.  Since then, there have been nearly 800 recipients, including seminary and Greek School students, who have received in excess of $750,000 in
awards.


AHEPA Milwaukee Chapter 43 is looking to enhance its scholarship program through contributions made by an expanded donor base.  The addition of new Planned Contributions will allow AHEPA to award more generous scholarships to a greater number of deserving high school graduates.


Planned, or deferred, gifts provide creative and flexible strategies for your estate and charitable planning.  Some planned gifts provide income, and many of them reduce your taxes.

 

Establishing an Endowment

 

To establish an endowed AHEPA Milwaukee Scholarship, donors must contribute a suggested minimum of $25,000, which must be paid at one time or within five years.  Scholarship funds are managed by the AHEPA Milwaukee Scholarship Foundation.


Benefactors are invited to set the qualifications for the endowed scholarship and help select the recipient, provided he/she meets all criteria.  The greatest benefit of establishing a Scholarship Endowment lies in knowing you are supporting the mission of the AHEPA Milwaukee Scholarship Foundation.


We appreciate your consideration.  The AHEPA Milwaukee Scholarship Foundation is organized under Section 501(c)(3) of the Internal Revenue Code, and exempt from federal income tax.

 

Building Blocks

 

Donors who wish to establish an AHEPA Milwaukee Scholarship Endowment but would like to make smaller contributions over a longer period of time can participate in the Building Blocks program.  Building Block participants will establish a donation schedule with the AHEPA Milwaukee Scholarship Foundation and must meet their $25,000 obligation within 10 years of the endowment’s establishment.

 

Gifts During Lifetime

 

You can maximize your impact, receive an immediate tax deduction, and experience the joy of generosity.

 

  • Outright - In addition to cash, you can make an outright gift of real estate, a paid-up life insurance policy or other property of value directly to the AHEPA Milwaukee Scholarship Foundation.
  • Stock - If you currently write checks to support AHEPA Milwaukee Scholarship Foundation, but also have appreciated stocks or mutual funds, you can significantly reduce the cost of your charitable gift while giving more by gifting stock before the sale.
  • Charitable IRA Rollover - If you are over 70 1/2, you can make a tax-free distribution from your IRA directly to the AHEPA Milwaukee Scholarship Foundation.

 

Donor-Advised Fund - Instead of writing checks directly to AHEPA Milwaukee Scholarship Foundation, you can manage ALL of your charitable giving with a Donor-Advised Fund - which works like a charitable checking account. You give assets into the Fund, receive an immediate income tax deduction, and then recommend grants to the AHEPA Milwaukee Scholarship Foundation and other charities over a designated timeframe. This is a great tool for windfalls, inheritances, and year-end business profits.

 

Gifts that Pay Income

 

With careful planning, you can provide yourself or someone else annual income while providing meaningful support to the AHEPA Milwaukee Scholarship Foundation.  You can do this through: Charitable Gift Annuity or Charitable Remainder Trust.

 

Gifts at Death

 

These gifts ensure future generations will benefit from your generosity and legacy.

 

  • Bequests - You can designate a specific dollar amount or a percentage of your estate to AHEPA Milwaukee Scholarship Foundation in your will or trust. If you make annual gifts and wish to continue support after your lifetime, you can arrange an endowed gift through a Donor-Advised Fund or your trust.
  • Life Insurance and/or Other Retirement Assets - You can name AHEPA Scholarship Foundation as the beneficiary of a life insurance policy or retirement account (i.e. IRA, 401k, etc.).
  • Benefits of Gifts at Death - Distribute your assets according to your wishes.  Save on estate taxes with proper planning.

 

AHEPA Milwaukee #43

contactus@ahepa43.org

 

Mailing Address

P.O. Box 11

Hales Corners, WI  53130

 

Lodge Address

10635 West Ridge Road

Hales Corners, WI  53130

No mail to this address please.

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