Investing In Education

Outright Gifts

 

Cash Gifts

A gift of cash is the easiest way of giving. To pay electronically, use the Donate button below.  You will be able to designate where your gift goes, such as educational endowment, Dollars for Scholars, or other areas.  Paypal will assess a processing fee of 2.9% plus 30 cents per transaction.

To pay by check, simply make your check payable to the Redwood Area Education Foundation and mail it to 100 George Ramseth Drive, Redwood Falls, MN 56283. Please include a short note with your check stating the purpose or designation of your gift.

Donate

Gifts of Securities

Common stocks, bonds, mutual funds and other appreciated securities.

Contact Us to discuss gifts of securities.


Gifts of Property

Real estate such as a residence, vacation home, farm, ranch, commercial property or land. Certain tangible personal property may be appropriate gifts

The Foundation will accept gifts of real estate if no restrictions are placed on selling the property or if the property can be of use by the school. Donors can also transfer title of a personal residence or farm to the Foundation and retain the right to live in or use the property for life. After the death of a surviving spouse, the property comes to the Foundation.


Corporate Matching Gifts

Many corporations encourage employees to participate in philanthropic opportunities by matching, doubling, or even tripling each dollar they contribute. Your company’s personnel department can provide details and the matching gift form to include with your gift check.


more ways to give

Deferred Gifts

 

Bequest in a Will or Living Trust

Named beneficiary in wills and living trusts - Bequests may be stated as a percentage of the estate, as the residual of the estate or a specific dollar amount.


Charitable Remainder Annuity Trust

 

The annuity trust pays a fixed dollar amount annually to the beneficiaries based on a percentage of the trust’s initial value.


Charitable Remainder Unitrust

 

Donors transfer cash, real estate or securities to an irrevocable trust that provides yearly, fluctuating income to the donor or other beneficiaries for a specified term or for life. Upon the death of the final beneficiary, the Foundation receives the principal and distributes it according to the donor’s wishes.


Charitable Gift Annuity

The charitable gift annuity is a contract between the Foundation and the donor whereby the Foundation promises to pay a fixed annuity to a maximum of two beneficiaries in exchange for the irrevocable transfer of assets by the donor to the Foundation.


Deferred Gift Annuity

Like a standard gift annuity, a donor makes a gift now and receives an immediate income tax deduction; however, the donor begins receiving the annuity payment at a future, predetermined date.


Retirement Accounts

A donor can name the Redwood Area Education Foundation as primary beneficiary of a retirement account.


Life Insurance

Life Insurance can become a gift more valuable than the actual money expended when the policy is given to the Redwood Area Education Foundation, which is named as the beneficiary.


Charitable Lead Trusts

With a charitable lead trust, the Foundation receives the income from the donor’s assets for a specified time, after which the asset is transferred back to the donor or to the donor’s heirs.


Discuss a Deferred Gift