Make a Gift WAYS YOU CAN GIVE The Webb Schools and the Alf Museum are registered as charitable organizations under section 501 (c)(3) of the Internal Revenue Code. Contributions to Webb and the Alf Museum are tax-deductible to the extent allowed by law. For more information about any of the following, please contact the Advancement Office at giving@webb.org or (909) 482-5288.
PLANNED GIFTS
Bequests, Testamentary Trusts, Charitable Trusts and Life Income Plans:
Webb accepts gifts of appreciated stock or mutual fund shares.
Planning a gift to The Webb Schools or the Alf Museum through your will or living trust can be achieved through a new document or a codicil to an existing document. You may specify a dollar amount, a percentage of your total estate or a piece of personal property. Estate gifts made through a will or trust may also help reduce federal estate tax liability and allow you to create a charitable legacy that aligns with your personal values. The Advancement Office can help you make a decision regarding your financial plans, which can also include charitable gifts that pay you income during life or provide for your heirs.
Matching Gifts:
Retirement Assets:
Give Online: Make your tax-deductible gift immediately to The Webb Fund or Alf Museum. Go to webb.org/giving
Gifts of Securities:
Increase your giving power through matching gifts. Many companies will match the charitable contributions of their employees.
Gifts of Property: Property gifts can include real estate and tangible personal property such as antiques, art, and the like.
Donate part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan. If you are 72 or older as of July 1, 2021, you can also transfer up to $100,000 per year without paying income tax on the withdrawal and it can satisfy your required minimum distribution.
Remainder Interest in a Personal Residence or Farm: You may retain a life interest in your home or farm while deeding the property to The Webb Schools or the Alf Museum. Though you may continue to live in or use the property, you may claim a tax deduction at the time the property is transferred.
Life Insurance: The Webb Schools or the Alf Museum can be a total or partial beneficiary of an existing whole life insurance policy, or a new policy may be taken out for this purpose. Life insurance can be used to cover charitable gifts made from your estate. Annuities may also be given to Webb or the museum. Contact Danielle Gordon at dgordon@webb.org or (909) 482-5267 for more information.
THE REPORT OF THE SCHOOLS 2021-22 71
