HOW TO GIVE
“We make a living by what we get. We make a life by what we give.”
― Winston S. Churchill
Purposeful and rewarding giving can be done with cash, securities, real estate, estate planning, and in-kind gifts.
Check, Gifting of Certain Stocks, and Anonymous Donations
To donate to the Three Lakes Community Foundation by check:
Payee Line: 3lakes Foundation
Memo Line: Current Fund OR Endowment Fund (note which fund)
Please include your contact information.
Mail to: 3lakes Foundation
PO Box 231
Three Lakes, WI 54562
By Credit Card
We are not setup at this time for credit card online transactions.
Gifting of Certain Stocks
Donation of appreciated assets may result in a charitable contribution deduction equal to the fair market value of the specific asset(s) at the date of contribution. In certain situations this may also result in not incurring capital gains tax on the excess of the fair market value over the asset’s cost basis. Note: This should not be considered tax advice, and donors should consult a tax professional to determine applicability to their specific situation.
A donor may remain anonymous. Include a memo that your donation is to remain anonymous.
Estate Gifts and Life Insurance
Please contact a 3Lakes Foundation's director to arrange private, professional planning.
Acceptance is necessary on a case-by-case basis. Please contact a director to start the process.
DONOR REQUESTED RESTRICTIONS
In general, once a gift is made to the Foundation the donor agrees that the Board of Directors has sole control of the gift. A donor may request restrictions, and the Board may accept restrictions which do not jeopardize the tax exempt status of the gift nor of the Foundation. All restrictions accepted to a gift shall be administered solely by or through the Foundation Board.
The IRS justifiably is concerned that where continuing and restrictive strings and their control by a donor exist for a “gift,” there really is no legally exempt gift.
Please see our Bylaws for more detail.