Stocks and Appreciated Assets
Many donors make gifts in the form of stocks, bonds, and other appreciated assets to maximize impact while reducing taxes. Contact your asset administrator to discuss your options.
How It Works
- You can instruct your broker to make a transfer of stock to GPS Education Partners, Inc.
- You receive an income-tax deduction
- GPS Education Partners may keep or sell the securities
- You may receive a federal income-tax deduction for the full fair-market value of the securities
- You avoid long-term capital gains tax on any appreciation in the value of the stock
- Your gift will support GPSEd as you designate
- Contact your financial adviser for more information
Securities should be transferred to GPS Education Partners, Inc., Tax ID #39-1667442.
IRA, 401(k), or other qualified retirement plan
Upon distribution or withdrawal to individuals, qualified retirement plans are subject to tax. Individual beneficiaries such as yourself or family members who receive a distribution from an IRA, 401(k), or 403(b) must pay income tax on the entire amount received. If an organization such as GPS Education Partners Inc., is named as a beneficiary, we are not taxed and all funds can go directly to our programs – allowing you to make an even greater impact in advancing the goals of work-based learning for all students.
To name GPS Education Partners, Inc. as your qualified plan beneficiary:
Total Amount: I hereby give 100% percent to GPS Education Partners, Inc., located in Waukesha, Wisconsin.
Percentage Beneficiary: I hereby give _______% (percentage spelled out) to GPS Education Partners, Inc., located in Waukesha, Wisconsin.
Life Insurance Beneficiary
You did the right thing and protected loved ones with a life insurance policy. We recognize that circumstances can change over time, perhaps your immediate heirs no longer need the proceeds from a life insurance policy.
Consider naming GPS Education Partners as your beneficiary:
Total Amount: GPS Education Partners, Inc., located in Waukesha, Wisconsin the beneficiary of 100% of the proceeds of the policy.
Percentage Amount: GPS Education Partners, Inc., located in Waukesha, Wisconsin the beneficiary of _______ % (percentage spelled out) of the proceeds of the policy.
Including GPS Education Partners in your will ensures the future sustainability of our mission, without impacting your current income. Whether the ultimate gift is your entire estate, a percentage or portion of your estate, or a set dollar amount from your estate…we are proud you believe in access to work-based learning opportunities for all students in our community. Thank you for including GPS Education Partners in your personal legacy.
Below is the suggested language you can use to include us in your will. Please contact your attorney to complete your designation and let us know so we can thank you!
Percentage of Estate
I hereby give, devise, and bequeath to GPS Education Partners, Inc. located in Waukesha, Wisconsin, a 501c3 nonprofit organization, ______ % percent of my estate.
Give a Specific Amount
I hereby give, devise, and bequeath to GPS Education Partners, Inc., located in Waukesha, Wisconsin, a 501c3 nonprofit organization, $ ______________. Please spell out the amount.
Give a Restricted Estate Gift
I give to GPS Education Partners, Inc., located in Waukesha, Wisconsin, a 501c3 nonprofit organization, the sum of $____________ (or ___________ % of my estate OR the property described herein to be used for ____________________________________________________(could specify options here such as Education Centers, Client Solutions, either Endowment Fund, etc..). If GPS Education Partners, Inc. determines that it is impossible or impractical to use my gift for the stated purpose, then GPS Education Partners may use my gift for its general use and purposes consistent with GPS Education Partners’ mission.
Donor Advised Funds
Donor Advised Funds (DAF) have become a popular way for donors to give to their favorite organization and provide flexibility in making gifts. As the funds are already allocated at the time of setting up the fund, DAFs allow you to give as needed in your community.
If you have a DAF set up – either through a community foundation such as the Greater Milwaukee Foundation or through a commercial entity such as Fidelity or Schwab Charitable Fund – you can make gifts to your favorite organization such as GPS Education Partners.
Note: in addition to gifts from your DAF account, you may be able to designate GPS Education Partners as a beneficiary of your fund. This is a great way to strengthen your support of our mission. Please contact your fund administrator to inquire about completing a beneficiary designation, thank you!
Please contact your account administrator with any questions about making a gift through your DAF.