The Historical Society maintains two endowment funds, one with DuPage Foundation and a second with Wintrust Community Banks. Both of these funds have been established so that the funds’ income may benefit the Historical Society, within their existing spending policies, but the principal investment is intended to be protected to help ensure the organization’s longevity and provide it with financial security.  If you specify “Endowment Fund” on your donation, it will be applied to this fund.

Bequests to the Historical Society allow a donor’s charitable intentions to be carried out in perpetuity and can significantly reduce the estate taxes otherwise payable upon his or her death. This ensures that the donor provides a lasting legacy for the causes about which he or she cares most.

Appreciated stocks and bonds may be given to the Historical Society, allowing donors to deduct their current market value as a charitable contribution and avoid capital gains tax on the appreciation.

Life insurance can be used to create a major gift for the Historical Society in one of two ways.  First, the donor can transfer ownership of a policy to the Historical Society and receive a current income tax deduction in the year the transfer is made. Second, the donor, while retaining ownership of the policy, can name the Historical Society as beneficiary of the policy. Please note that GEHS should be named as the beneficiary of your policy within the policy. (Simply designating GEHS as the beneficiary in your will/trust is not sufficient.)

Real estate, including local homes or property,  may be given to the Historical Society at its current market value allowing the donor to receive a full charitable deduction and avoid capital gains tax on the appreciation.

Donors can use an IRA or other retirement assets such as a 401(k), Keogh, or 403(b) to establish a new fund or contribute to an existing fund.

Administering a private foundation under IRS rules can be burdensome and expensive. Transferring the assets into a donor-advised fund at The DuPage Foundation for the benefit of the Glen Ellyn Historical Society provides a cost-effective alternative for administering these funds well into the future.

This type of deferred gift can be created for the Historical Society through the DuPage Foundation so that the donor or other beneficiary receives a lifetime income.  At the death of the income beneficiary, the remainder of the trust passes to the Historical Society to accomplish the charitable purposes specified by the donor.

The DuPage Foundation offers competitive yields to individuals who make current gifts to the Historical Society but retain for themselves lifetime income. A portion of these gifts may be tax-deductible, and income is guaranteed.

Provide income to the Glen Ellyn Historical Society’s fund at the DuPage Foundation for a set number of years for such charitable purposes as the donor has specified. Then, at the end of that period, the remaining principal of the trust and any accumulated appreciation is distributed to children, grandchildren or other named beneficiaries, often with significant tax savings.