Featured Sponsors

Solo Hole Sponsors:

Beverage Cart Sponsors

Shared Hole Sponsors:

Mark Schill

Driving Range and Putting Green Sponsors:

Maynards Restaurant

Bob's Shoe Repair

UPS Store

Kumon

Travel and Beyond

Honor a Teacher Sponsors:

Lunch & Post Event Sponsors:

Ronald & Janet Schutz

Todd & Amy Hartman

Scott & Jill Wine

School Board of

Wayzata Public Schools

Ellie and Bill Bathe

K12 Transportation

Management Services

Putting Green Sponsors:

Linda Miller & Paul Bruer

Hanus Enterprises

Hesby Family

Gifts in Kind:

Minnesota Vikings

Complete Eye Care Medina

Twiggs Salon

Lexus of Wayzata

Target

Starbucks

Bernicks Beverages

Gear West

WhirlyBall Twin Cities

Matthew Dale DDS/Affinity Dental

Aspire Beverage Company

Ken & Amy Pucel

Salon Entourage

Famous Dave's

About Us

About WPSEF

 

The Wayzata Public Schools Education Foundation was formed in June 2003 by a group of citizens concerned about the serious impact of state and federal budget cuts to education. The group's mission is to maintain educational experiences in Wayzata Public Schools by providing private financial support to the district for academics.

 

Since 2007, nearly $120,000 has been awarded in grants to the Wayzata Public Schools and since its inception in 2010, the 'From Excellent to Exceptional' grant program annually funds up to $10,000 for grant projects that extend the regular curriculum in collaborative and innovative ways.

 

 

The goals of the 'From Excellent to Exceptional' grant award program are to:

 

  • Provide exceptional and innovative learning opportunities that have not been possible within the regular Wayzata Public School funding system.
  • Support collaborative, educationally sound and curriculum-based projects
  • Give preference to projects that impact the student population and the community at large, and enhance learning for significant number of students
  • Support projects that strive to move the learning environment from "Excellent to Exceptional:
  • Support projects with a clearly defined purpose, student performance outcomes, methods and procedures

 

The foundation is administered through the Minnesota Community Foundation and qualifies as a public charity under federal and state laws. It is an entity separate from Wayzata Public Schools with its own board of directors and by-laws.  All gifts to the foundation are tax deductible under IRS guidelines.

 

WPSEF Advisory Board Roster

March 2014

 

Michael Hagerty - WPSEF Board Chair

 

Cathy Goodman - WPSEF Secretary

 

Lindsey Merkel - WPSEF Treasurer

 

Chithra Binoy

Joan Curtiss

Lisa Gerber

Steve O'Neill

Kelly Piller

Esther Dale

Sarah Johansen

Roger Remark

Amy Hartman

Suzanne Marinaro

Board Members

 

Ex Officio Members

 

Chace Anderson

Superintendent

Wayzata Public Schools

 

Contribute

Ways to DONATE!

 

The Foundation is administered through the Minnesota Community Foundation and qualifies as a public charity [501(c)(3)] under federal and state laws. It is an entity separate from Wayzata Public Schools with its own board of directors and by-laws. All gifts to the foundation are tax deductible under IRS guidelines.

Gifts of Cash

Charitable

Remainder

Trust

Appreciated

Securities

Bequests

Charitable

Gift

Annuity

Retained

Life

Estate

Charitable

Lead

Trust

Gift of Life

Insurance

Gifts of

Retirement

Plan Assets

Gifts of

Real Estate

Gifts of

Real

Securities

Gift of Cash

 

The gift of cash is the simplest way to give. You can be assured that your gift will benefit students in the Wayzata Public School District, and your gift is tax deductible under IRS guidelines.

 

Here is how it works!

You may donate cash to the Wayzata Public Schools Education Foundation by mailing your check to:

 

WPSEF, P.O. Box 915, Wayzata, MN 55391;
or you may donate on-line by clicking on Donate Now!

 

You will receive an acknowledgment letter for your donation from our financial administrators at Minnesota Community Foundation.

Charitable Remainder Trust

 

What are your plans for the future? While there is no single way to achieve all of your personal and financial goals, there is one strategy that can meet many of your needs. It's called a charitable remainder trust. In the right circumstances, this plan can increase your income, reduce your taxes, unlock appreciated investments, rid you of investment worries and ultimately provide very important support.

 

    Here is how it works:

    You transfer cash, securities or other appreciated property into a trust.

    The trust pays a percentage of the market value of the assets re-valued annually to you or to beneficiaries you name.

    When the trust ends, the principal passes to the Wayzata Public Schools Education Foundation.

 

    Your benefits:

    You receive an immediate income tax deduction for a portion of your contribution to the trust.

    You pay no capital gains tax on appreciated assets you donate.

    You or your designated beneficiaries receive income for life or a term of years.

    You can make additional gifts to the trust as your circumstances allow and qualify for additional tax deductions.

    You can have the satisfaction of making a significant gift that benefits you now and the Wayzata Public Schools Education Foundation later.

Appreciated Securities

 

The best stocks to donate are those that have increased greatly in value, particularly those producing a low yield. Even if it is stock you wish to keep in your portfolio, by giving us the stock and using cash to buy the same stock through your broker, you will have a new higher basis in the stock.

 

    Here is how this works:

    You transfer securities to the Wayzata Public Schools Education Foundation.

    The Wayzata Public Schools Education Foundation sells your securities and uses the proceeds for its programs.

 

    Your benefits:

    You receive gift credit and an immediate tax deduction for the fair market value of the securities on the date of transfer, no matter what you
    originally paid for them.

    You pay no capital gains tax on the securities you donate.

    You can have the satisfaction of making a significant gift now or funding a life-income gift that benefits the Wayzata Public Schools
    Education Foundation later.

 

    Consult your tax advisor regarding your actual benefit.

Bequests

 

Leave your legacy by making a gift in your will to friends, family and charitable organizations. A bequest is one of the simplest ways to give to remember those causes you care about most.

 

    Here is how it works!

    You can provide now for a future gift to the Wayzata Public Schools Education Foundation by including a bequest provision in your will or irrevocable trust.

    Your will or trust directs assets to your heirs.

    You will or trust directs a bequest to the Wayzata Public Schools Education Foundation for the purpose(s) you specify.

 

    Your benefits

    Your assets remain in your control during your lifetime.

    You can modify your bequest if your circumstances change.

    You can direct your bequest to a particular purpose.

    There is currently no upper limit on the estate tax deductions that can be taken for charitable bequests.

    You can have the satisfaction now of knowing that your bequest will support the Wayzata Public Schools Education Foundation the way you intended when you are gone.

Charitable Gift Annuity

 

The concept of charitable gift annuity in America dates back to 1843, when a merchant in Boston first donated a gift of money to the American Bible Society in exchange for a flow of income. Today, the concept includes valuable tax benefits for donors. But perhaps more valuable than the financial advantages is the satisfaction donor’s gain by helping to continue our mission and good works. The Charitable Gift Annuity provides the excellent benefits to the donor as they get older through fixed income planning.

 

Here is how it works:

  • You transfer cash or securities to the Wayzata Public Schools Education Foundation.
  • The Wayzata Public Schools Education Foundation pays you, or up to two annuitants you name, fixed payments for life.
  • The principal passes to the Wayzata Public Schools Education Foundation when the contract ends.

 

    Your benefits:

  • You receive an immediate income tax deduction for a portion of your gift.
  • Your annuity payments are guaranteed for life, backed by a reserve and the assets of the Wayzata Public Schools Education Foundation.
  • Your annuity payments may be treated as part ordinary income, part capital gains income and part tax-free income, depending on the assets used to fund the annuity.
  • You can have the satisfaction of making a significant gift that benefits you now and the Wayzata Public Schools Education Foundation later.

Retained Life Estate

 

One of your valued possessions, your home, can become a valued gift to us even while you are still living in it, and even if you want your spouse or other survivor to live there for life. This arrangement is called a retained life estate.

 

    Here is how it works:

    You donate your personal residence or farm to the Wayzata Public Schools Education Foundation

    When you make the gift, you retain the right to use the property for the rest of your life, a term of years, or a combination of the two.

    For tax purposes, you must obtain your own appraisal to determine the fair market value you claim on your income tax return

 

    Your benefits:

    Make a generous gift while retaining the right to use your property

    You receive an immediate income tax deduction

Charitable Lead Trust

 

If your goal is to provide an inheritance for your children, but you would also like to make a significant charitable gift through your estate, find out how a charitable lead trust can help you satisfy both objectives. It's a charitable lead trust that can provide a significant charitable gift through your estate and provide an inheritance to your children.

 

    Here is how it works:

    You transfer property or assets to the lead trust.

    Lead trust pays a percentage of the value of the trust assets, usually for a term of years, to the Wayzata Public Schools Education Foundation.

    At the end of the trust term, the remaining assets in the trust and any growth it has realized are passed to your heirs

 

    Your benefits:

    Your receive gift and estate tax deductions on the value of the assets transferred.

    The growth received on these assets is transferred tax-free to your heirs without further gift or estate tax

    Enhances charitable efforts because income from the trust is paid to charity and not taxed to you

Gift of Life Insurance

 

You can donate a life insurance policy to us or simply name us as the beneficiary. For the gift of a paid-up policy, you will receive an income tax reduction equal to the lesser of the cash value of the policy or the total premiums paid. To qualify for the charitable contribution deduction on a gift of an existing policy, you must name us as owner and beneficiary.

 

    Here is how it works:

    You can transfer a paid-up policy by naming Wayzata Public Schools Education Foundation owner and beneficiary

    If the policy is not "paid up", future premiums are treated as cash gifts to the Wayzata Public Schools Education Foundation

 

    Your benefits:

    Your assets remain in your control

    Immediate income tax deduction available to 50 percent of adjusted gross income.

    Becoming a generous donor is simplified as circumstances in life change and the need for insurance diminishes.

Gifts of Retirement Plan Assets

 

Did you know that nearly half of your retirement plan assets can be eaten away by taxes at your death? Learn how to preserve more of your estate for the people and organizations that matter most in your life.

 

    Here is how it works:

    You designate Wayzata Public Schools Education Foundation a beneficiary to receive all or a stated percentage of your retirement account upon your death.

    Your estate will receive a charitable deduction for the value of the assets distributed to the Wayzata Public Schools Education Foundation.

    Since our Foundation is a non-profit entity, it will pay no income tax on the distribution.

 

    Your benefits:

    Eliminate income and estate tax on retirement plan assets

    Free up other property to pass to your heirs

Gifts of Real Estate

 

If you own property that is fully paid off and has appreciated in value, an outright gift may be the simplest solution. You can even transfer the deed of your home or farm to us now and keep the right to use the property for your lifetime and that of your spouse.

 

    Here is how it works:

    You transfer the title to your farm or residential property to the Wayzata Public Schools Education Foundation.

    Receive a tax deduction based upon the fair market value of your property.

    Option to retain the right to use the property for the rest of your life, a term of years, or a combination of the two

 

    Your benefits:

    Avoid capital gains tax that would be in effect if the property was sold

    Gifts can be timed to take advantage of market value

    Reduce your estate tax

Gift of Securities: Closely Held Stock

 

Closely held stock, or stock in a privately owned company, can also be used as a charitable gift even if you want to maintain a control position in the stock. This gift option allows you to transfer assets and save taxes at the same time.

 

    Here is how it works:

    You contribute your stock in a private company (not publicly traded) to the Wayzata Public Schools Education Foundation

    You receive a current income tax deduction, up to 30 percent of your income.

    If the donation exceeds your deduction limit, you carry over the excess for up to five years.

    Your corporation redeems the shares at fair market value and you retain 100 percent control of the business

 

    Your benefits:

    Transfer assets to heirs with reduced gift and estate taxes

    Protect up to one-third of your income from current income tax

    Reduce accumulated earnings

Programs

Honor a Teacher

The Wayzata Public Schools Education Foundation (WPSEF) is offering a meaningful way to thank the teacher or special staff person who has made a difference in your child's life by making a tax-deductible donation through the WPSEF to the academic programs in the district. WPSEF supports excellence and innovation in education through its 'From Excellent to Exceptional' grant program.

Excellent to Exceptional Grant Program

The 'From Excellent to Exceptional' Grant Program is now an annual event! Up to $10,000 in funds will be granted to Wayzata Public Schools projects that extend the regular curriculum in collaborative and innovative ways. Grant applications will be accepted beginning in September of each year, with submissions due by November 1 of the same year. Successful applicants will be notified in January of the following year with funds available in February.

Grant Program

Exceptional Grant Program

 

 

The Wayzata Public Schools Education Foundation (WPSEF) seeks exceptional and innovative learning opportunities that have not been possible within the regular Wayzata Public Schools funding system.  The Excellent to Exceptional Grant Program rewards collaborative, educationally sound, and curriculum-based projects within or among the Wayzata public schools.  Applicants are encouraged to think outside of the box and submit projects that impact the student population and enhance learning for a significant number of students. The project(s) awarded with this grant should strive to move the learning environment from “Excellent to Exceptional.”

 

Up to $10,000 in one-time grants is available to a single or to multiple projects. This funding is specifically intended for projects above and beyond those typically funded by the annual school budget, PTA/PTO, Boosters, and other existing Wayzata district and school resources. All grants will be awarded to the Wayzata Public Schools.

Exceptional Grant 2013

 

WPSEF funded the following programs in the Wayzata Public Schools. These projects total $18,622 in grants:

    S.T.E.M. Simple Machines:  materials to teach engineering principles to students in Vision 21 program, Birchview Elementary.

    Grizzly Den:  development of 10 self-directed online learning modules accessible to students 24/7 that supplement and extend the classroom curriculum. Expandable across the district. Grades 3-5, Greenwood Elementary.

    Ukuleles in the Classroom:  ukuleles for music instruction, expanding and enhancing music education for 5th grade students, Sunset Hill Elementary.

    E-Book Project: Purchasing e-books for all three middle school libraries to support the district-wide My Way for Student Learning initiative.

    Project SCORE!: equipment for use in 5 classes involved in teaching video and graphics production, and broadcast journalism at Wayzata High School. Student produced videos and graphics will also be used in delivery systems throughout the district.

Honor a Teacher

Share Your Gratitude:  Honor a Teacher or Staff Member

 

 

The Wayzata Public Schools Education Foundation (WPSEF) is offering a meaningful way to thank the teacher or special staff person who has made a difference in your child's life by making a tax-deductible donation through the WPSEF to the academic programs in the district.  WPSEF supports excellence and innovation in education through its 'From Excellent to Exceptional' grant program.  Please print and complete the form below and, along with a check payable to 'WPSEF', send to:

 

Wayzata Public Schools Education Foundation

P.O.Box 915

Wayzata, MN  55391

 

Thanking a teacher can be done anytime! Consider a holiday gift or honor a current or past teacher that has made a difference in your child's life.

 

Remember, it is never too late to thank a teacher

Drive 4 Excellence

Address:

Wayzata Public Schools Education Foundation

P.O.Box 915, Wayzata, MN  55391

Enquirers or assistance

Telephone: xxx-xxx-xxxx

Project Concept

This Project Concept Form is step 1 of a two-step grant application process. The form is intended to help you conceptualize your proposed project and will indicate whether your project satisfies key WPSEF funding requirements without the expenditure of significant time and resources. As such, your submission does not need to be lengthy. The WPSEF grant committee will review Project Concept Forms on an ongoing basis. If your proposed project fits within the WPSEF’s mission, you will receive an invitation from WPSEF in January to submit a more detailed grant application.

Project Concept Form
Email or call if you would like to work with us

Your Gifts. Your Community. Your Return. You Can Help Maintain Excellence in Education.

Stay informed and up-to-date with what we are doing!

© Copyright 2008-2014 Wayzata Public Schools Education Foundation

socialize with us on Twitter or Facebook