SOME NEW (AND NOT SO NEW) WAYS TO DONATE TO THE WFA

Fall 2006, NEWS

1. United Way:
   You may designate the Westie Foundation of America, Inc. As one (or the only) of your designated charities for your United Way contributions. Please use the Foundation’s tax ID # (06-1473645) and use the address of our treasurer for the Foundation’s address (33101 44th Ave. NW, Stanwood, WA 98292).
   
   
2. Employer Matching Contributions:
   If your employer has a program to match your charitable contributions, you should checkto see if the Westie Foundation would qualify under your employer’s guidelines. We are a 501.c.3 organization, as approved by the IRS. Other relevant information is included above under the United Way section.
   
   
3. PayPal Subscription Contribution:
   This is an excellent and simple way to support the Foundation with small monthly amounts that are easy on the monthly budget while adding up to a handsome annual contribution. With a single entry on our website (www.westiefoundation.org/contributions/subscriptions.htm), you can make a regular monthly contribution to the Foundation of any amount you wish, to be charged to your credit card or directly to your bank account (all on PayPal’s secure website). You may change or cancel the automatic subscription donation at any time you wish by going to the same address on our website.
   
   
4. Shopping at Food Lion supermarkets:
   Food Lion has 1,200 supermarkets in eleven Southeast and Mid-Atlantic states. If you shop at Food Lion and register your Food Lion MVP card in their Lion Shop and Share program, you can designate the Westie Foundation (We’re already enrolled as a designated charity with Food Lion.) to receive a portion of your shopping bill to go to the Foundation each time you shop at Food Lion. Note that you do NOT add anything more to your shopping bill to do this; Food Lion just takes a small part of what you just paid them for your shopping order and gives it to your designated charity. Nothing could be simpler to regularly support the Westie Foundation.
   
   
5. New federal law permitting direct rollover from your IRA to a designated charity:
   The Pension Protection Act of 2006, signed into law on August 17, 2006, includes a provision for direct rollover from an IRA to a charity. This provision allows an otherwise taxable distribution of up to $100,000 from a traditional or Roth IRA to be excluded from gross income. The amount rolled over will count toward a donor’s minimum distribution requirement. However, there is no federal income tax deduction available for these contributions in addition to their exclusion from income. The rollover can be either an outright charitable gift (however, the donor must be at least 70 ½ years old), or a life income charitable gift (unitrusts, annuity trusts, gift annuities, pooled income funds), in which case the minimum age requirement is 59 ½.
   
   

Donors to whom the new IRA rollover likely will appeal include:

• donors already giving at their 50% deduction limit.
• donors whose income level causes the phase out of their itemized deductions.
• donors who don’t itemize their deductions.
• donors for whom additional income will cause more of their Social Security income to be taxed.

It is recommended that anyone considering a direct IRA rollover to the Westie Foundation review the process with their tax accountant.