Legacy Planning

prepare today to fulfill your Future wishes

Carl Patrinos

In his legacy plans, Carl Patrinos (1919-2021) wanted to recognize the impact of and his gratitude for his Catholic education. Through his estate, Catholic schools in Waukesha will receive long lasting support through annual grants.

Establishing a planned gift through the Waukesha County Community Foundation is one way you can make a positive impact for nonprofits in our regional community. Our team stands ready to partner with you—and your professional advisor—to establish an estate plan that remembers your community, your neighbors, and your causes for a time when you are no longer here.

Because we offer customizable giving options, you can easily fund multiple charitable endeavors with a single gift to the Waukesha County Community Foundation. We will assist you to determine how to fulfill your philanthropic goals while minimizing administrative burdens. When you choose to give, we will work together to maximize the lasting impact your donation will have on Waukesha County — For Good. For Ever.

Already have a provision in your estate that includes the Waukesha County Community Foundation?

We’d love to know. Please download and complete the confidential, non-binding Statement of Intent document to outline your philanthropic intentions. It will empower us to prepare today to fulfill your wishes in the future.

Ways To Make a Planned Gift

Bequest

Designate your fund at Waukesha County Community Foundation (WCCF) as the beneficiary of your asset(s) by will, trust or beneficiary designation form.

Email David Salvo, Director of Donor Development, to learn more about how a bequest works.

IRA Beneficiary Designation

If you are like most people, you probably will not use all of your retirement assets during your lifetime. Donating part or all of your unused retirement assets, such as your IRA, 401(k), 403(b), pension or other tax-deferred plan, is an excellent way to make a legacy gift.

Email David Salvo, Director of Donor Development, to learn more about how an IRA Beneficiary Designation works.

Beneficiary Designation Gifts

Designate your fund at the foundation as the beneficiary of a retirement, investment or bank account or your life insurance policy.

Email David Salvo, Director of Donor Development, to learn more about how easy beneficiary designations can be in leaving a legacy.

Charitable Gift Annuity

Transfer your cash or appreciated property to Waukesha County Community Foundation (WCCF) in exchange for our promise to pay you fixed payments (with rates based on your age) for the rest of your life.

Email David Salvo, Director of Donor Development, to learn more about the tax benefits available to people who create charitable gift annuities with WCCF.

Charitable Remainder Trust

Transfer your cash or appreciated property to fund a charitable remainder unitrust. The trust sells your property, tax free and provides you with income for life or a term of years.

Email David Salvo, Director of Donor Development, to learn more about how to make your assets work for you as well as benefit your favorite charity with a charitable remainder unitrust.

Charitable Lead Trust

Fund a trust that makes gifts to WCCF for a designated number of years. Your family receives the trust remainder at substantial tax savings.

Email David Salvo, Director of Donor Development, to find out if a charitable lead trust is right for your family.

A pencil drawing of the exterior of the Smithsonian Institution
Smithsonian Institution

Did You Know the Smithsonian Institution was the result of a planned gift?

James Smithson, a British scientist who never even visited the U.S., established the Smithsonian through a legacy gift.

Legacy gifts, large and small, have significant impacts.

Sample Bequest Language

This material is not intended as legal advice to donors on their personal gift and estate planning. Please seek guidance from your professional advisor to discuss your personal circumstances related to your charitable gift.

Bequest of Cash

“I bequeath the sum of $250,000* to My Fund at Waukesha County Community Foundation of Waukesha, Wisconsin, a 501(c)3 nonprofit organization [EIN 39-1969122].”

Bequest of a Percent of the Estate

“I devise and bequeath 50%* of the remainder and residue of property owned at my death, whether real or personal, and wherever located to My Fund at Waukesha County Community Foundation of Waukesha, Wisconsin a 501(c)3 nonprofit organization [EIN 39-1969122].”

Contingent Bequest

“If my brother John Doe survives me, I devise and bequeath 75%* of the remainder and residue of property owned at my death, whether real or personal, and wherever located to John Doe. If John Doe does not survive me, then I devise and bequeath 75%* of my residuary estate, whether real or personal property and wherever located to My Fund at Waukesha County Community Foundation of Waukesha, Wisconsin, a 501(c)3 nonprofit organization [EIN 39-1969122].”

* Represent examples. Amounts are to be determined by donors.