General Endowments
- Gifts of any amount are received into the general endowment fund, which is used to generate annual scholarships.
Named Annual Scholarships
A gift that begins at $500 and is renewable on an annual basis. Gifts can honor family members or friends.
Endowed Scholarships
A fund that will exist in perpetuity, and can honor family members or friends. Minimum endowments are $10,000. The donor establishes endowment criteria.
Partnership/Pass-Through Scholarships
Local service clubs or non-profits may associate with BDFS to assist with the scholarship selection and distribution process.
A Current Gift
A donor can establish a fund with the Bellingham Dollars for Scholars Chapter
A Bequest
Donors can name Bellingham Dollars for Scholars in wills or estate planning to meet with charitable and tax-planning goals.
Memorials
Memorials may be established to honor loved ones.
Charitable Remainder Trust
A charitable remainder trust allows donors with larger assets to make gifts, reduce taxes, and receive income for life.
Cash
Cash assets are the simplest and most convenient gift
Appreciated Securities
A donor pays no capital gains tax and receives an income tax deduction on the full fair market value of the stock.
Closely Held Stock
Donations of closely held stock can provide significant tax advantages.
Life Insurance
A donor may purchase a new policy or donate an existing policy.
Real Property
The Foundation may accept real property under certain circumstances.
Retirement Funds
IRA and other retirement funds donated to the Foundation can save donors from paying estate taxes.
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