Legacy Society MembershipThe Legacy Society of the Eau Claire Community Foundation (ECCF) welcomes individuals and families who have made provisions for a gift to the Independence Public School Memorial Scholarship Fund (IPSMSF), which is administered by the ECCF, in their estate plans. Thank you for allowing the ECCF to assist you in carrying out your philanthropic goals.

Non-binding Statement of IntentI have included ECCF in my estate plans in this way:

Contact:

Address:

City: State: ZIP:

Phone:

Email:

Please send this form to the address listed below.

How We Started EverythingSchool District of Independence

The mission of the Independence School District is, “We will maximize learning for all students,” and its vision is, “Everyone, every day.”

In 1999, the Independence Education Foundation leaders established a scholarship to fulfill their mission and vision by supporting Independence students’ continuing education. In 2014, the Independence Education Foundation merged with the Eau Claire Community Foundation to create the Independence Public School Memorial Scholarship Fund, an endowment to ensure a long-term scholarship for the post-secondary education of Independence students. The Fund and its goal remain the same, but it is now safeguarded and administered by ECCF.

The purpose of the Independence Memorial Scholarship Fund is to encourage students to become more engaged in their community and school, as well as support their continuing education, with the hope that their recipients will extend similar generosity to students in future generations.

The former Independence Education Foundation is pleased to partner with the ECCF. This partnership has greatly assisted in managing the funds, increasing interest earnings, and making it easier for community members to support our students.

-Keith Edison

Eau Claire Community Foundation306 S. Barstow St., Suite 104

Eau Claire, WI 54701www.eccommunityfoundation.org

Telephone: 715.552.3801 Fax: 715.552.3802

E V E R Y O N E , E V E R Y D A Y .

LEAVE YOUR LEGACY TO THE INDEPENDENCE PUBLIC SCHOOL MEMORIAL SCHOLARSHIP FUND.

Join the

My/Our will or trust designates a portion of my/our estate to the Independence Public School Memorial Scholarship Fund of the ECCF.

I/We have created a Charitable Trust with the Independence Public School Memorial Scholarship Fund of the ECCF as the beneficiary.

I/We are interested in setting up a fund at the ECCF now or with my/our estate.

I/We have named the Independence Public School Memorial Scholarship Fund of the ECCF as a beneficiary of an IRA, insurance policy, and/or annuity.

I/We wish to remain anonymous.

Leave your legacychoosing the gift plan to fit your goals

Bequest in donor’s will

Minimizing taxable estate.Provide for favorite charitable causes.

No No Avoided Assets that continue to generate taxable income for estate heirs.

Life Insurance Provide for charity with pre-tax dollars.

No Yes, for the full cash value of the policy and future premium payments if ownership is given to the Foundation. No, if Foundation is named benficiary but not owner.

Avoided Paid up whole life policies. Policies with annual dividends greater than premiums

Retirement plan beneficiary designation

Provide for favorite charitable causes.

No No (but reduces or avoids estate and income tax to heirs).

Avoided IRAs, other qualified plan assets.

Charitable Remainder Annuity Trusts

Create income for self or others.Establish permanent charitable legacy.

Yes Yes Estate taxes are avoided, but gift tax may be due

Appreciated stock& appreciated low-basis real property (assets).

Charitable Lead Trust

Transferring assets to another generation (non-grantor trust).Income tax deduction (grantor trust).

No No (non-grantor trust)

Yes (grantor trust)

Estate taxes are avoided, but gift tax may be due

Income producing assets. Assets to be passed to children such as shares in closely-held business.

Real Estate Avoid capital gains.Provide for favorite causes.

No Yes Avoided Any form of real estate, especially highly appreciated.

*The Eau Claire Community Foundation does not offer legal advice to individuals regarding their estate plans. We encourage donors considering a bequest to the Foundation to work with their legal and financial advisors.

Client Giving Vehicle Your Personal Goals Income to Donor or Heirs

Income Tax Deduction Capital Gains and Estate Taxes

Attractive Funding AssetsThe Independence Public School Memorial Scholarship Fund (IPSMSF) gratefully recognizes individuals and families who support the fund with a bequest from their estate or who name the Fund as a future beneficiary of their estate. All such donors will automatically become members of the Eau Claire Community Foundation’s Legacy Society. These generous donors enrich the lives of Independence students by helping them realize their dreams of higher education.

Bequests and donations to the IPSMSF are made through the Eau Claire Community Foundation (ECCF). When Legacy Society members complete a non-binding, confidential Statement of Intent, they allow the ECCF to honor their charitable wishes. They may designate their gift to the IPSMSF, or they may choose to establish a Family Fund at the ECCF ($500 minimum to establish, $10,000 minimum to grant; please contact the ECCF for more information on this option.)

If you have questions or would like more information about becoming a Legacy Society member, the ECCF staff would be happy to assist you. Please see the reverse side for ECCF contact information.

PermanenceYour legacy is endowed, and grants are made into perpetuity.

Recognition or AnonymityWe will carefully protect your identity andintentions through a Statement of Intent.

Local Expertise & ServiceWe have deep roots in the community and are governed by a strong board of local leaders.

FlexibilityWe have efficient means to accept a widevariety of tax deductible gifts.

Each year Independence students who may not have been able to afford college or technical school are able to enroll because of the support they receive from this scholarship fund. -Dr. Paul Vine