Types of Gifts

Gifts can be made to the Foundation at any time in any amount. All gifts over $50 will be placed in the Foundations Unrestricted Endowment Fund unless the donor identifies an established Designated Endowment Fund to which they wish to contribute. All gifts made to the Foundation are irrevocable gifts. 

Types of gifts may include cash, securities, life insurance policies and Individual Retirement Accounts (IRA’s) that name the Foundation as a beneficiary, as well as mineral interests and real estate gifts.  Non-cash gifts will generally be converted to cash as soon as possible after receipt of the gift.

All non-cash gifts must be approved by the Board of Trustees to insure that no liability is incurred for the Foundation by their acceptance. 

 

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