The STW Development Foundation makes it easy and
cost-effective for you to create a fund with the flexibility to address
both immediate and emerging needs in the region. Just as you would
do if you have your own private foundation, you may identify the
community and/or activities you wish to benefit, and grants will be made
in your name or any name you choose. Whether you are an
established philanthropist or new to charitable giving; we can help you
endow a fund that meets your needs, your interests, and your goals for
permanent charitable giving.
Creating a fund at the STW Development Foundation offers the following
~ Permanence ~
A gift given through us is given in perpetuity. As a permanent
memorial in your name or the name of someone you wish to honor, our fund
enables you to carry out your charitable interest now and in the future.
Your gift will never lose its power to fulfill your charitable goals and
will always keep pace with changing times.
~ Tax Advantages ~
When you create a fund with us, you receive an income tax or estate tax
deduction. Because we are a public charity, all donations earn the
maximum available deduction. Funds are also exempt from excise
taxes and the many other restrictions placed on private foundations.
This means that more resources are available to address regional needs.
~ Economics ~
Using us is an economical way to make your contributions work for you.
For most funds we charge only a modest annual administrative fee of 1.5%
of the fund's fair market value. Extraordinary expenses for legal,
consulting, or program services are charged against the appropriate
~ Professional Management ~
All assets are professionally managed according to the investment
policies established by the Board of Directors. Your fund benefits
from being pooled and invested together with our other assets.
~ Charitable Impact ~
We can assist you in targeting your contributions where they will do the
most good for the region. Grants from your fund may be combined
with those from other funds for greater impact.
~ Give Where You Live ~
We provide a vehicle for you to keep your charitable giving assets here
in our region.