Donors to Keewaydin may choose from a variety of vehicles for making gifts to Keewaydin. Right now, the greatest need is for help with COVID-19 related losses.
The COVID-19 virus forced the closures of all of Keewaydin’s programs in 2020 and left us with a single source of revenue: hoped-for donations of $525,000. Each year we rely on the generosity of our community to support this fund. Today it is more important than ever!
At the same time, the fixed-costs associated with operating the Foundation and maintaining the three campuses are significant. While we have been successful in obtaining grants and forgivable loans from both the U.S. and Canada we still face a financial gap of $1.8M. Please consider a gift today over and above your Annual Fund donation by supporting our Bridge the Gap Fund.
GIFTS FOR TODAY:
Gifts made by personal check or credit card are the easiest and most immediate way to support Keewaydin. Checks should be made payable to “Keewaydin Foundation” and are tax deductible to the full extent of the law. Keewaydin is a registered charity in both the United States and Canada.
Gifting appreciated assets such as stocks, bonds, or mutual funds can be a double win for you. You will receive a charitable deduction for the donation, and you will also avoid capital gains taxes. You will receive credit for the full fair market value of the stock, but the cost to you is its original purchase price. Gifts from your brokerage account can be made electronically.
MULTI YEAR PLEDGE
A multi year pledge is a great vehicle that allows you to make a larger gift and to affirm your ongoing commitment to Keewaydin. Payments can be made over a period of up to five years, and can be automatically set up from your checking or credit card account, on a schedule that works for you.
LIFE INSURANCE POLICY
You may transfer ownership of an existing cash value life insurance policy to Keewaydin and receive a charitable income tax deduction once you surrender the policy. Keewaydin will use the proceeds for its highest priorities, as established by its Board of Directors.
GIFTS FOR TOMORROW:
JOIN THE SILVER PADDLE SOCIETY
Naming the Keewaydin Foundation as the beneficiary of your will or trust is a simple way to leave a lasting legacy to your beloved camp. You may gift a specific dollar amount or a percentage of your estate. We would like to recognize you for your generosity during your lifetime, so please notify Mary Welz of your intention via [email protected].
Naming Keewaydin as the full or partial beneficiary of your life insurance policy or retirement accounts 4is a simple way to ensure support for Keewaydin into the future. This approach also relieves your heirs of any income and estate tax due on retirement accounts.
CHARITABLE GIFT ANNUITY – Immediate or Deferred
In exchange for your irrevocable gift of cash, low-yield CDs, stocks, bonds or mutual funds, you will receive an income stream for life. At the time of your death, Keewaydin receives the interest income from the remainder of your gift. If desired, you can postpone when your income stream starts with a deferred charitable gift annuity. Interest rates are established by the American Council on Gift Annuities, and vary from 4.4% to 9% depending on the age of the annuitants. Annuities can be issued for one or two people. For more information, please contact Mary Welz at [email protected].