Foundation programs focus on areas that are not funded with tax dollars such as classroom grants, student scholarships, recognition of student achievement and support for students who need some extra help. The Doorways Scholarship Program, Enterprise Village and Finance Park, SAVE and teacher grants are just a few of the programs we sponsor with the help of our generous donors.

• Student mentors- Caring adults are always needed as role models and mentors to help guide students through the tough choices and challenges of today’s world.
• Program volunteers - Providing funding for Foundation programs is not the only resource needed to enhance the education of our students. Many programs are not possible without devoted volunteers to share their time and talents.
• Event volunteers – Regardless of the time or talent you have to share with our youth, we need your unique abilities to maximize our impact on education.

• Cash or securities - Cash is always needed for day-to-day operation of foundation initiatives. Appreciated securities have the added advantage of allowing you to make gifts that are tax deductible and avoid capital gains tax.
• Pledge - Giving plans that allow for monthly or periodic payments on a pledge enable you to have a greater impact on educational initiatives close to your heart.
• Matching corporate gifts – Many corporations support the Foundation’s work by providing matching gift so that your contributions have double the impact.

• Charitable Annuities - A donor may provide for a planned gift, guarantee a life income for him/herself and/or someone else he/she may designate, and qualify for both income and estate tax benefits through a charitable gift annuity.
• Charitable Trusts - Trusts may be modified in a variety of ways to suit the objectives of the donor. The Tax Reform Act of 1969 limits income, estate and gift tax benefits to two types of trusts – the annuity and the unitrust. Both trusts provide income tax benefits in the form of contribution deduction and avoidance of capital gains tax liability, freedom from management concern, estate tax benefits, and avoidance of probate problems.
• Bequests - Provisions for a planned gift investment may be made in the form of a bequest or device through a properly executed last will and testament. Bequest statements should include a description of property to be given in specific kinds, percentages, and number of dollars or remainders. A bequest qualifies for an estate tax charitable deduction.
• Life Insurance - Insurance can be used to accomplish charitable objectives in a variety of ways. An individual may make a charity the beneficiary of a policy or may irrevocably make the Foundation both owner and beneficiary. Where the charity is both owner and beneficiary, the donor may take a contribution deduction for the replacement value of the policy, may deduct the premium if he/she continues to pay them as a contribution and save estate taxes.
• Retirement Plans - Retirement plans can make a desired gift possible by designating the Foundation as beneficiary of all or a portion of the remainder of the account upon the death of all beneficiaries. For those 70 1/2 and older, mandatory withdrawals can become tax wise gifts.

A variety of gift programs and opportunities exist to provide resources for focused and proven educational initiatives.

• Memorial/Honor Gifts
• Scholarship Programs
• Named Endowments
• Program/Event support
• Teacher Grants
• Education Legacy Society

• Endowed scholarships – Ruth funds an annual memorial scholarship to honor her sister who taught fifth grade for 42 years. The scholarship has become a family tradition. Concerned that the scholarship will cease when she is gone, Ruth has established an endowed scholarship that will fund her sister’s memorial scholarship in perpetuity. Ruth feels that her sister’s legacy will be a family treasure for generations to come.
• Give and receive an income for life - Bob has stayed involved with young people most of his life. Even after his own children went away to college and started their careers, Bob continued to volunteer in the community youth programs. Bob, now 76, believes that young people are our greatest resource and wants to support the Education Foundation. Using assets that were only earning 2-3%, Bob funded a 7.5% Charitable Gift Annuity that pays him an income for the rest of his life.
• Planned Giving, wise giving – Wanting to leave a meaningful legacy to education, Carol and Walter developed a charitable plan that took advantage of tax laws and charitable legislation. Working with both their financial planner and the foundation’s planned giving office they were able to make a significant contribution to the foundation, reduce their tax liability and still leave an inheritance for their grandchildren’s college fund.
  

For more information on how you can help support the Pinellas Education Foundation and make an impact on the lives of our students and teachers for generations to come, you may contact us at (727) 588-4816.