The Headwaters Foundation, Inc. is a tax exempt private foundation whose sole purpose is to benefit the programs of Headwaters, Inc., a rehabilitation agency serving the needs of adults with disabilities from throughout Forest, Oneida and Vilas Counties. Incorporated in 1985, the Headwaters Foundation has been endowed primarily by the support dollars raised from an annual golf event with subsequent gifts provided by individuals and businesses from the area.

Types of Gifts May Include:

Giving The Gift of Cash:
Cash gifts are a most popular choice. This is usually given in the form of a check and is the most common form of charitable gift. Tax benefits are made available for individuals who itemize their deductions on Federal and State income tax returns.

Memorial Gifts:
Memorial gifts allow individuals to thoughtfully remember family members and friends who have been such a vital part of their lives. Memorial gifts to HEADWATERS will always... grow in the lives of all individuals served through the agency's programs. The memorial gifts will be placed in THE HEADWATERS FOUNDATION unless otherwise specified by the door

Assets Other Than Cash:
Many individuals have enjoyed significant gains in stocks and other investments in recent years. If you have property that has increased in value since you have owned it, you may wish to consider using it to fund a charitable gift to HEADWATERS this year.

Charitable Remainder Trusts:
These trusts provide a means to make a gift that will allow you an opportunity to retain income for life or for a period you specify. Your gift is invested to provide you with either a fixed income (annuity trust) or annually adjusted income (unitrust). A tax deduction is allowed at the time that an individual creates the Trust. Upon the death of the gift recipient(s), whatever remains in the Trust is distributed to HEADWATERS, INC.

Life Insurance:
One of the simplest means to make a significant gift in the future is to name HEADWATERS, INC as beneficiary to receive all or a portion of the proceeds of a policy no longer needed. Life insurance needs change with time and existing policies may no longer be needed for the reason it was originally purchased.

Giving Through Your Will:
The best way for you to make a charitable bequest through your will depends on a number of factors including your assets, family considerations and number of charitable interests. A few of the most commonly used methods are:

Gifting a specific amount - Stating a dollar amount to be given in your will.

Gifting a percentage - Consider the idea of giving a percentage of the assets passing through your will.

Gifting all or part of "what is left" - If you are not comfortable bequesting a specific amount or percentage of your assets to charity, you might wish to provide a gift from the "residue" or "what's left", after specifically providing for your loved ones

Gifting, as a final beneficiary, the remaining funds of an IRA or pension fund - Which your loved ones do not use.

Since THE HEADWATERS FOUNDATION, INC. and HEADWATERS, INC. are not-for profit organizations, exempt from taxes under Section 501(c)(3) of the Internal Revenue Code, contributions may be tax deductible to those individuals who itemize their deductions as allowable by law. There may be tax savings advantages resulting from your gift. Before considering any major gifts, consult with your attorney and financial advisor for the best advice in your situation

For additional information on the Headwaters Foundation, Inc. or other opportunities for gifts, please contact:

Mary Hardtke, Director
Headwaters, Inc.
1441 E. Timber Drive
PO Box 618
Rhinelander, WI 54501
(715) 369-1337