WVPE 88.1 FM has been bringing you outstanding public radio for over 30 years. Learn how you can impact the station's future with a gift that reflects a lifetime of appreciation. Include WVPE in your estate plan by naming the station as a beneficiary in your will, IRA, life insurance, or other instrument. Many charitable arrangements will allow you to support WVPE and, at the same time, provide tax benefits to you and your family.
We encourage you to contact WVPE’s Station Manager with any questions. We can discuss your interests, give you more information about the benefits of each option and explain steps necessary to complete your gift. You can reach the WVPE Station Manager, Anthony Hunt, at 888-399-9873 ext. 5520.
Gifts of Stocks and Bonds
A gift of appreciated securities, including stocks or bonds, is an easy way for you to make a gift to WVPE 88.1 FM. Here are some of the potential benefits:
Avoid paying capital gains tax.
Receive a charitable income tax deduction.
Enjoy possible increased income.
Further WVPE’s mission today!
When you give appreciated assets, you avoid paying capital-gains tax on the increased value of your stock. You may also be entitled to a charitable deduction based on the stock's current value. When considering gifts of stock, we recommend you consult with your financial adviser.
A specific bequest is usually a stated dollar amount or a percentage of the estate. It may be in the form of cash, securities, real estate, tangible personal property or any other type of property. Residuary bequest names WVPE as the residual beneficiary to receive the remainder or a percentage of the remainder after specific legacies have been fulfilled. Contingent bequest takes effect only if all primary beneficiaries named in the will die.
Life insurance offers yet another way to make an outright gift to WVPE. A life insurance policy may make a good gift choice when the policy is no longer needed. It may also be a way to make a gift without loss of current income. A gift of life insurance may be flexible. A donor may give a paid up policy to WVPE or simply name WVPE the primary or secondary beneficiary. Charitable deductions will vary based on how the policy is gifted.
Individual Retirement Accounts (IRAs), tax sheltered annuities, Keogh plans, self employed plans (SEPs), 401(k), 403(b) and other qualified pension and profit-sharing plans can also provide significant support for WVPE. A donor should inform his retirement plan administrator that he or she wishes to name WVPE – The Friends of WVPE (Elkhart County Community Foundation), as a beneficiary of the plan. The funds will usually pass to WVPE outside of probate and free of all taxes.