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How To Make A Gift

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Every gift matters
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The Washington Center relies on donations from corporations, foundations, alumni and individuals to continue its efforts to create quality academic programs for the future leaders of our country and of the world. The Washington Center respectfully invites alumni, corporations, foundations, and friends to help strengthen TWC and the students it serves through gifts to the following areas of the organization:

Unrestricted Gifts

Support TWC through an unrestricted gift to be used where funds are needed most. Donors can choose the method of giving that they prefer, including:

  • Pledges - can be made at any time throughout the year
  • Checks - can be mailed to our Development Office [2]
  • Credit cards - donors can contribute online [3]
  • Gifts of securities - donors may give appreciated securities, including mutual funds
  • Planned gifts [4] - donors may make bequests or deferred gifts through wills or estate plans
  • Matching gifts [4] - gifts to TWC can often be matched by a donor’s employer
  • CFC/United Way [5] - donors can give through workplace giving campaigns

Scholarships and Program Support

Support TWC’s students and programs by providing the financial aid for scholarships and new programming efforts [6].

Endowments

Provide permanent institutional support [7] through a fund that will be named and restricted by the donor.

Capital Gifts

Provide support for the facilities [8] that comprise TWC’s permanent campus in Washington, D.C.

Annual Gala

Support our annual fundraising [9] event [10] by buying a ticket, a table, or a general sponsorship. For more information on any of these support opportunities, please contact:
Ryan Klang
Director of Development
202-238-7965
Ryan.Klang@twc.edu

Matching Gifts

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A matching gift is an excellent opportunity for donors to increase (double or even triple) the amount of their contribution to The Washington Center. If the donor does not work for a matching gift company but his/her spouse does, a match from that employer may also be possible.

Guidelines for matching gifts vary by company; however, the donor should enclose a matching gift form when the gift is made to The Washington Center. The gifts administrator in the development office will complete a portion of the form verifying the gift and will mail the confirmation to the corporation. Specific inquiries regarding matching gift policies, procedures and payment schedules should be made to the personnel office of the donor’s employer.

Capital Gifts

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The Washington Center is committed to offering its students and partners the best possible living and learning facilities in Washington, D.C. The Washington Center’s permanent headquarters building, located six blocks north of The White House in NW Washington, provides office space for 80 staff and classroom space for 100 students at a time.

The organization opened its new Residential and Academic Facility for operations in May 2010. Located just blocks from the Capitol Building in NE Washington, this new facility will house 350 students each semester. The Center will also provide our students with a large community space, smaller social areas, a fitness center, and a computer lab.

Corporate, foundation, and individual donors are invited to make capital gifts to support these facilities that comprise TWC’s permanent campus in the nation’s capital. Commemorative naming opportunities are available to donors making large gifts in certain amounts. Naming opportunities include, but are not limited to:

  • Building sponsorship
  • Auditorium
  • Conference rooms
  • Classrooms
  • Lounge areas
  • Student apartments

Supporting Scholarships & Programs

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Every year The Washington Center provides financial aid to approximately 75% of its students. Many of these students receive scholarship support through generous gifts from The Washington Center’s corporate, foundation, and individual donors.

Scholarships and program support may be annual or endowed, restricted or unrestricted, and need-based or merit-based. The Washington Center has traditionally received support for the following types of scholarships and programs.
Full Scholarships
Full scholarship includes program costs, housing costs, and travel.

Partial ScholarshipsPartial scholarships for program and/or housing costs.

Program SponsorshipFull support for new academic internship program development and full student scholarships; usually includes program naming rights along with TWC.

Program SupportPartial support for existing academic internship programs, including support for seminar development and student scholarships.

Seminar SponsorshipFull support for a one- or two-week academic seminar; includes full support for seminar development and full scholarships. Usually includes seminar naming rights along with TWC.

Seminar SupportPartial support for a one or two week academic seminar; includes support for seminar development and student scholarships.

Event/Reception SponsorshipSponsor a component of The Washington Center’s Leadership Forum [14] or sponsor an alumni reception or networking event.

CFC / United Way

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If you are asked to participate in your workplace giving campaign, please consider selecting The Washington Center. Our Combined Federal Campaign (CFC) number is 10234 or you can write on your pledge form:

The Washington Center for Internships and Academic Seminars
1333 Sixteenth St., NW
Washington, DC 20036-2205

Attention: Please send The Washington Center a copy of your workplace giving form BEFORE returning it to your own human resources department so we can thank you for your gift and send you our “Promise” newsletter. You can mail the copy to the address above or fax it to (202) 238-7700.

Thank you for considering The Washington Center!

For more information on giving to TWC through your workplace giving campaign, please contact:
Ryan Klang
Director of Development
202-238-7965
Ryan.Klang@twc.edu

Endowment & Naming Opportunities

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It is possible for you to arrange for perpetual support for The Washington Center through an endowment gift. For gifts of $25,000 or more, a donor may choose to permanently restrict the funds towards The Washington Center’s endowment. The donated fund is permanently named by the donor.

Endowed funds are responsibly invested and the income earned is used for The Washington Center’s charitable educational purposes. Alternatively, the donor may restrict the resulting interest to a specific use, such as a scholarship fund.

The investment and use of endowed funds is overseen by The Washington Center’s all-volunteer Board of Directors where oversight of the endowment comes under the Vice Chairman of the Board, Christopher K. Norton, retired partner and managing director of Goldman Sachs.

How it Works

Becky and Mike Johnson and their sons Ray and Taylor donated $50,000 to the endowment at The Washington Center. They named the fund The Johnson Family Scholarship for students from Western Pennsylvania where they live. The fund generates $1,000 scholarships for The Washington Center students each year.

Another option you may also be able to create your own “endowment” through a donor-advised fund at your community foundation or through an investment vehicle like a mutual fund family. By working with The Washington Center when you plan a donor-advised fund at a community foundation or investment vehicle, The Washington Center will honor your naming choice just as if you had donated to the endowment at The Washington Center directly. Please contact us for more information when you begin this process.

Planned Giving

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Please consider including The Washington Center in your will or other estate plans. Your lasting legacy can be one of learning and personal growth for young people for years to come. Here are some suggested ways to do so.Bequests Through Your WillGiving The Washington Center a gift through your will is a simple yet profound act of generosity. A will is a legal document disposing of your property at the time of your death to the important people and organizations in your life. The gift made in your will is called a bequest.

Sixty percent of Americans die without a will, leaving it up to the courts to decide where their property will go. Only with a will do you remain in control so that your loved ones, friends, or charities receive what you want, not what a judge decides. Your gift will help ensure that young people of all backgrounds, especially those who come from limited means or are first-generation college students, can have the benefits of an internship in Washington, D.C. You can designate The Washington Center the beneficiary of:

  • A percentage of your estate
  • Your residual estate (the remainder after payment of other bequests)
  • Specific assets you name

Deferred GiftsMaking a deferred gift is another way to support The Washington Center through your estate plan. Charitable Remainder Unitrusts and Charitable Lead Trusts are two types of deferred gifts.

Charitable Remainder Unitrust In a Charitable Remainder Unitrust, you place in trust an asset and a trustee you select (often a bank) pays you a specified income each year of your life. The income is a percentage of the fair market value of the property determined annually. Generally, the older you are when you create the Charitable Remainder Unitrust, the more income you are paid. At the end of your life, the residual of the trust goes to The Washington Center.

You will receive an immediate income tax charitable deduction, avoid capital gains taxes and your estate (depending on its value) may receive, at your death, a substantial reduction of probate costs and estate taxes. Funds remaining in the trust at your death go to The Washington Center to help students.

Charitable Lead TrustA Charitable Lead Trust is irrevocable for a term of years, with the income being paid to The Washington Center during that term. At the end of that term, the assets will revert to you or your heirs.

A Charitable Lead Trust removes assets from your estate now so that upon your death your estate may be taxed at a lower rate. A Charitable Lead Trust allows you to pass an asset to an heir without probate. The Washington Center puts the income from your trust to work during the term designated.

**The preceding information is not intended to serve as legal or investment advice by The Washington Center.

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Source URL: http://www.twc.edu/support/helping-financially

Links:
[1] http://www.twc.edu/sites/default/files/Support_11.jpg
[2] http://www.twc.edu/about/contact
[3] http://www.twc.edu/support/donate
[4] http://www.twc.edu/support/helping-financially/planned-giving
[5] http://www.twc.edu/support/helping-financially/cfc-united-way
[6] http://www.twc.edu/support/helping-financially/scholarships
[7] http://www.twc.edu/support/helping-financially/endowment
[8] http://www.twc.edu/support/helping-financially/capital-gifts
[9] http://www.twc.edu/support/gala
[10] http://www.twc.edu/support/gala/gala-2010
[11] http://www.twc.edu/sites/default/files/100222-5_CROPPED.jpg
[12] http://www.twc.edu/sites/default/files/100222-374_CROPPED.jpg
[13] http://www.twc.edu/sites/default/files/100222-262_CROPPED.jpg
[14] http://www.twc.edu/internships/learning/leadership-forum
[15] http://www.twc.edu/sites/default/files/100222-288_CROPPED.jpg
[16] http://www.twc.edu/sites/default/files/100222-272_CROPPED.jpg
[17] http://www.twc.edu/sites/default/files/100222-334_CROPPED.jpg