Growing Good: Making a Planned Gift to The Wallace Centers of Iowa
More than 80% of Americans contribute to non-profits during their lifetimes, but only 8% continue this legacy of giving through a planned gift. A planned gift can continue the generosity that you've demonstrated throughout your life.
Members of the Growing Good Society pledge to enhance the programs and projects of The Wallace Centers of Iowa by making an estate or deferred gift commitment. Your support will expand the visibility and reach of The Wallace Centers of Iowa from its two Iowa locations: Uncle Henry Wallace's home in Des Moines and Henry A. Wallace's birthplace farm near Orient.
Ways to Give
The Wallace Centers of Iowa accepts unrestricted gifts and gifts for specific programs and purposes. Accepted gifts include cash, securities, real estate, bequests, life insurance beneficiary designations, and several other kinds.
Leverage Your Gift
The Wallace Centers of Iowa holds two endowment funds at the Community Foundation of Greater Des Moines that accept planned gifts and annual contributions:
The Wallace Centers of Iowa Endow Iowa Fund (eligible for a 25% Iowa tax credit)
The Wallace Centers of Iowa Endowment Fund.
Both funds are professionally managed and distribute a percentage for annual operations which includes community-building educational programs, facility improvements, and staff support.
Stewardship of Gifts
The Wallace Centers of Iowa strives to follow the Donors Bill of Rights when soliciting, thanking, and recognizing donors:
"Philanthropy is based on voluntary action for the common good. It is a tradition of giving and sharing that is primary to the quality of life. To ensure than philanthropy merits the respect and trust of the general public, and that donors and prospective donors can have full confidence in the nonprofit organizations and causes they are asked to support, we declare that donors have these rights:
To be informed of WCI's mission, of the way WCI intends to use donated resources, and of its capacity to use donations effectively for their intended purposes.
To be informed of the identity of those serving on WCI's governing board, and to expect the board to exercise prudent judgment in its stewardship responsibilities.
To have access to WCI's most recent financial statements.
To be assured their gifts will be used for the purposes for which they are given.
To receive appropriate acknowledgement and recognition.
To be assured that information about their donation is handled with respect and with confidentiality to the extent provided by law.
To expect that all relationships with individuals representing WCI will be professional in nature. To be informed whether those seeking donations are volunteers, employees of WCI or hired solicitors.
To have the opportunity for their names to be deleted from mailing lists that WCI intends to share.
To feel free to ask questions when making a donation and to receive prompt, truthful and forthright answers."
How It Works
One of the easiest ways to make a planned gift is through your will or trust. Called a charitable bequest, this type of gift offers these benefits:
Simplicity. Just a few sentences are all that is needed. Share the official bequest language below with your estate planning attorney.
Flexibility. Because you are not actually making a gift until after your lifetime, you can change your mind at any time.
Versatility. You can structure the bequest to leave a specific items or amount of money, make the gift contingent upon a certain event, or leave a percentage of your estate.
Tax Relief. If your estate is subject to estate tax, your gift is entitled to an estate tax charitable deduction for the gift's full value.
Official Bequest Language for Your Attorney
"I, [name], of [city, state, zip], give, devise and bequeath to The Wallace Centers of Iowa [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."
Our Legal Name & Tax ID
The Wallace Centers of Iowa
756 16th Street
Des Moines, IA 50314
Federal Tax ID: 42-1322071
If you have already included The Wallace Centers of Iowa in your estate plan or would like to discuss planned giving, please contact Ann Taylor, Vice President, Marketing and Resource Development at 515-243-7063 or email@example.com.
All inquiries are confidential and without any obligation. You should also consult your trusted professionals for legal, financial, insurance, or estate planning advice. WCI staff are not engaged in rendering legal, accounting, or other professional advice.