(66,5,'make_a_gift_form-bak4','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'https://www.waterstone.org/style.css\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"https://www.waterstone.org/style.css\";</style>\n		\n	<script type=\"text/javascript\" src=\"https://www.waterstone.org/authtest/jquery.js\"></script>\n	<script type=\"text/javascript\" src=\"https://www.waterstone.org/authtest/jquery.validate.js\"></script>\n\n	<script language=\"JavaScript\">\n\n	function popUp(url) {\n	sealWin=window.open(url,\"win\",\'toolbar=0,location=0,directories=0,status=1,menubar=1,scrollbars=1,resizable=1,width=585,height=450\');\n		self.name = \"mainWin\";\n	}\n	</script>\n	\n	<script type=\"text/javascript\">\n	$(document).ready(function() {\n		$(\"#form\").validate();\n	});\n	</script>\n\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n			                        {embed=\"includes/donor-stories\"}\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			<h3 class=\"sidenav-header-title\">{static_page_name}</h3>\n		{/exp:weblog:entries}\n                           {exp:static_page_path direction=\"post\" depth=\"0\"}<a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a>{exp:static_page_path backspace=\"0\"} » <a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}</div>\n\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			<h1>{static_page_name}</h1>\n			{body}\n		{/exp:weblog:entries}\n\n<div id=\"giftform\">\n	<form id=\"form\" name=\"form\" class=\"form\" action=\"https://www.waterstone.org/authtest/process.php\" method=\"post\"><!---->\n\n\n<ul id=\"formFields\">\n\n<li>\n	<label class=\"desc\">Account Selector</label>\n	<div>\n		<select class=\"field select medium\" id=\"description\" name=\"description\"> \n		<option disabled>Choose Your Fund Here</option>\n<optgroup label=\"Ministry Charity Projects\">\n		{exp:weblog:entries weblog=\"mcpfoi\" orderby=\"type|title\" category=\"88\" sort=\"desc|asc\"}\n		<option label=\"{title}, #{mcpfoi_id}\" value=\"{title}, #{mcpfoi_id}, {type}\">{title}</option>\n		{/exp:weblog:entries}\n</optgroup>\n<optgroup label=\"Fields of Interest\">\n		{exp:weblog:entries weblog=\"mcpfoi\" orderby=\"type|title\" category=\"89\" sort=\"desc|asc\"}\n		<option label=\"{title}, #{mcpfoi_id}\" value=\"{title}, #{mcpfoi_id}, {type}\">{title}</option>\n		{/exp:weblog:entries}\n</optgroup>\n		</select>\n	</div>\n</li>		\n\n<h3>Payment Information</h3>\n<hr />\n\n<li>\n	<label class=\"desc\">Select Payment Method</label>\n	<div>\n		<input id=\"method\" name=\"method\" class=\"element radio\" type=\"radio\" value=\"CC\" checked=\"checked\" onClick=\"if(this.checked){document.getElementById(\'echeck_fields\').style.display=\'none\';document.getElementById(\'cc_fields\').style.display=\'block\';}\" />\n		Credit Card &nbsp; &nbsp;\n		<input id=\"method\" name=\"method\" class=\"element radio\" type=\"radio\" value=\"ECHECK\" onClick=\"if(this.checked){document.getElementById(\'echeck_fields\').style.display=\'block\';document.getElementById(\'cc_fields\').style.display=\'none\';}\"><!--else{document.getElementById(\'echeck_fields\').style.display=\'none\';}-->\n		Electronic Check\n	</div>\n\n<li>\n	<label for=\"amount\">Total Amount</label>\n	<div>\n		$ <input type=\"text\" id=\"amount\" name=\"amount\" class=\"required\">\n		<p> &nbsp; &nbsp; XXX.XX</p>\n	</div>\n</li>\n\n<!-- echeck -->\n<ul id=\"echeck_fields\" style=\"display:none;\">\n	<li>\n		<label class=\"desc\" for=\"bank_name\">Bank Name</label>\n		<div class=\"full\">\n			<input id=\"bank_name\" name=\"bank_name\" class=\"field text large\" size=\"43\" maxlength=\"16\" type=\"text\" value=\"\"/> \n		</div>\n	</li>\n	<li>\n		<label class=\"desc\" for=\"bank_acct_name\">Account Owner</label>\n		<div class=\"full\">\n			<input id=\"bank_acct_name\" name=\"bank_acct_name\" class=\"field text large\" size=\"43\" maxlength=\"16\" type=\"text\" value=\"\"/> \n		</div>\n	</li>	\n	<li>\n		<label class=\"desc\" for=\"bank_acct_type\">Account Type</label>\n		<div class=\"full\">\n			<select class=\"field select medium\" id=\"bank_acct_type\" name=\"bank_acct_type\"> \n			<option value=\"CHECKING\">Checking</option>\n			<option value=\"BUSINESSCHECKING\">Business Checking</option>\n			<option value=\"SAVINGS\">Savings</option>\n		</select>\n		</div>\n	</li>\n	<li>\n		<label class=\"desc\" for=\"bank_aba_code\">Routing Number</label>\n		<div class=\"full\">\n			<input id=\"bank_aba_code\" name=\"bank_aba_code\" class=\"field text large\" size=\"43\" maxlength=\"16\" type=\"text\" value=\"\"/> \n		</div>\n	</li>\n	<li>\n		<label class=\"desc\" for=\"bank_acct_num\">Account Number</label>\n		<div class=\"full\">\n			<input id=\"bank_acct_num\" name=\"bank_acct_num\" class=\"field text large\" size=\"43\" maxlength=\"16\" type=\"text\" value=\"\"/> \n		</div>\n	</li>	\n</ul>\n\n<!-- cc -->\n<ul id=\"cc_fields\">\n<li>\n	<label class=\"desc\" for=\"cardtype\">Please Charge My Credit Card</label>\n	<div class=\"full\">\n		<select class=\"field select medium\" id=\"cardtype\" name=\"cardtype\"> \n		<option value=\"Visa\">Visa</option>\n		<option value=\"Mastercard\">Mastercard</option>\n	</select>\n	</div>\n</li>\n\n<li>\n	<label class=\"desc\" for=\"ccnum\">Account Number</label>\n	<div class=\"full\">\n		<input id=\"ccnum\" name=\"ccnum\" class=\"field text large\" size=\"43\" maxlength=\"16\" type=\"text\" value=\"\"/> \n	</div>\n</li>\n\n<li>\n	<div>\n		<label class=\"desc\" for=\"expyr\">Expiration Date</label>\n		<div class=\"full\">\n			<select class=\"field select medium\" id=\"expMM\" name=\"expMM\">\n				<option value=\"\"></option>\n				<option value=\"01\">01</option>\n				<option value=\"02\">02</option>\n				<option value=\"03\">03</option>\n				<option value=\"04\">04</option>\n				<option value=\"05\">05</option>\n				<option value=\"06\">06</option>\n				<option value=\"07\">07</option>\n				<option value=\"08\">08</option>\n				<option value=\"09\">09</option>\n				<option value=\"10\">10</option>\n				<option value=\"11\">11</option>\n				<option value=\"12\">12</option>\n			</select>\n			<select class=\"field select medium\" id=\"expYY\" name=\"expYY\">\n				<option value=\"\"></option>\n				<option value=\"09\">2009</option>\n				<option value=\"10\">2010</option>\n				<option value=\"11\">2011</option>\n				<option value=\"12\">2012</option>\n				<option value=\"13\">2013</option>\n				<option value=\"14\">2014</option>\n				<option value=\"15\">2015</option>\n				<option value=\"16\">2016</option>\n				<option value=\"17\">2017</option>\n				<option value=\"18\">2018</option>\n				<option value=\"19\">2019</option>\n				<option value=\"20\">2020</option>\n				<option value=\"21\">2021</option>\n				<option value=\"22\">2022</option>\n				<option value=\"23\">2023</option>\n			</select>\n		<p class=\"\">(Month/Year)</p>\n	</div>\n</li>\n\n<!--><li>\n	<div>\n		<label class=\"desc\" for=\"expyr\">Expiration Date (MMYY)</label>\n		<input id=\"expyr\" name=\"expyr\" class=\"field text\" type=\"text\" size=\"5\" maxlength=\"15\" value=\"\" />\n		<p class=\"\">MMYY (MM= Month / YY =)</p>\n	</div>\n</li>-->\n\n<li>\n	<label class=\"desc\" for=\"cvv\">CVV</label>\n	<div class=\"full\">\n		<input id=\"cvv\" name=\"cvv\" class=\"field text small\" size=\"5\" maxlength=\"4\" type=\"text\" value=\"\"/> \n		<a href=\"javascript:popUp(\'{path=\"/cardinfo\"}\');\"><img src=\"/img/ban_smallcreditcard.gif\" width=\"51\" height=\"31\" border=\"0\" align=\"absmiddle\"> (explain)</a>\n	</div>\n</li>\n</ul>\n\n<ul id=\"contact-info\">\n<h3>Billing Information</h3>\n<hr />\n<li>\n	<label>Please Enter Your Name</label>\n	<div>\n		<input id=\"firstname\" name= \"firstname\" class=\"field text\" size=\"20\" value=\"\"/>\n		<p class=\"tam\">First</p></div>\n	<div>\n		<input id=\"lastname\" name= \"lastname\" class=\"field text\" size=\"20\" value=\"\"/>\n		<p class=\"tam\">Last</p></div>\n</li>\n\n<li>\n	<label class=\"desc\" for=\"address\">Please Enter Your Address</label>\n	<div class=\"full\">\n		<input id=\"address1\" name=\"address1\" class=\"field text large\" size=\"43\" type=\"text\" value=\"\" />\n		<p class=\"\">Street Address</p>\n	</div>\n	<div class=\"full\">\n		<input id=\"address2\" name=\"address2\" class=\"field text large\" size=\"43\" type=\"text\" value=\"\" />\n		<p class=\"\">Address Line 2</p>\n	</div>\n	<div>\n		<input id=\"city\" name=\"city\" class=\"field text\" size=\"25\" type=\"text\" value=\"\" />\n		<p class=\"\">City</p>\n	</div>\n	<div>\n		<input id=\"state\" name=\"state\" class=\"field text\" size=\"5\" type=\"text\" value=\"\" />\n		<p class=\"\">State</p>\n	</div>\n	<div>\n		<input id=\"zip\" name=\"zip\" class=\"field text\" size=\"8\" type=\"text\" maxlength=\"15\" value=\"\" />\n		<p class=\"\">Postal / Zip Code</p>\n	</div>\n</li>\n\n<li>\n	<label class=\"desc\" for=\"field10\">Telephone</label>\n	<div>\n		<input id=\"phone1\" name=\"phone1\" class=\"field text\" type=\"text\" size=\"3\" maxlength=\"3\" value=\"\"/> - \n		<p>(###)</p>\n	</div>\n	<div>\n		<input id=\"phone2\" name=\"phone2\" class=\"field text\" type=\"text\" size=\"3\" maxlength=\"3\" value=\"\"/> - \n		<p>###</p>\n	</div>\n	<div>\n		<input id=\"phone3\" name=\"phone3\" class=\"field text\" type=\"text\" size=\"4\" maxlength=\"4\" value=\"\"/>\n		<p>####</p>\n	</div>\n</li>\n\n<li>\n	<label class=\"desc\" for=\"email\">Email Address</label>\n	<div class=\"full\">\n		<input id=\"email\" name=\"email\" class=\"field text large\" size=\"43\" type=\"text\" maxlength=\"255\"value=\"\"/> \n		<p>We will not share your email address</p>\n	</div>\n</li>\n\n\n\n<div class=\"buttons\">\n<input id=\"submit\" name=\"submit\" type=\"submit\" value=\"Submit\" />\n</div>\n\n</ul><!--/contact-info-->\n\n</ul>\n\n\n\n</form>\n</div>\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(67,5,'index_bak','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n{embed=\"includes/head\"}\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"quote-box\">\n\n		    {exp:weblog:entries weblog=\"quotes\" limit=\"1\" orderby=\"random\" rdf=\"off\"}\n			{quote}\n			<p class=\"quote-source\">{title}<br /><em>{quote_source}</em></p>\n		    {/exp:weblog:entries}\n\n		</div>\n\n		<div id=\"donorstories-box\">\n			<h2>Stories</h2>\n\n                {exp:weblog:entries weblog=\"stories\" orderby=\"random\" status=\"Featured\" limit=\"2\" rdf=\"off\"}\n			<h3>{title}</h3>\n\n{if story_image!=\"\"}\n<img src=\"/phpThumb/phpThumb.php?src={exp:extract_url}{story_image}{/exp:extract_url}&w=75&h=115\" alt=\"{title} image\" border=\"0\" class=\"floatleft extrabottom\" />\n{/if}\n			{exp:word_limit_plus if_exceeds=\"15\" stop_after=\"30\"}{story_copy}{/exp:word_limit_plus}\n			<p><a href=\"{title_permalink=story_archive/story/}\">read more »</a></p>\n                {/exp:weblog:entries}\n\n			<p><a href=\"http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318\" class=\"button-calculators\">Access Our Free Calculators</a></p>\n			<!--<p><a href=\"/community_network\" class=\"button-login\">Community Network Login</a></p>-->\n\n                {exp:weblog:entries weblog=\"default_site\" orderby=\"random\" limit=\"1\" rdf=\"off\"}\n			<p><a href=\"{permalink=tell_a_friend/}\" class=\"button-tellafriend\">Tell-a-Friend About Our Site</a></p>\n                {/exp:weblog:entries}\n\n		</div>\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		<div id=\"home-splash\"></div>\n\n		<div id=\"content\">\n		\n\n			\n			<p style=\"padding-top: 30px;\">Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of heart to causes that reflect deeply held values&mdash;where generosity isn\'t as much about carrying out another\'s wishes after they\'re gone, as it is about seeing dreams planted, growing and spreading in this life.</p>\n\n<p>Imagine easily identifying and then participating in the ways that God is already moving in the world. Most of all imagine the joy of building a living legacy to pass on with confidence from generation to generation.</p>\n\n<p>We invite you to join us as we seek new ways to transform assets into living water&mdash;a water that refreshes, replenishes and cleanses, yielding eternal life.</p>\n		\n		<div id=\"callout\">\n			<img src=\"img/redefined-perspective.gif\" class=\"floatleft\" />\n			<p>At WaterStone, we\'re constantly seeking new ways to help people think differently about their giving... <a href=\"/about_us/brand_story\">more</a></p>\n		</div>\n		\n		{!-- Hiding the News Section of the Site --} \n		{!--\n		<div id=\"news-box\">\n			<h2>Latest News </h2>\n			<a href=\"/resources/news_and_events\">Read All News Releases </a>\n			<div class=\"clearit\"></div>\n		</div>\n			\n			{exp:weblog:entries weblog=\"news_release\" orderby=\"date\" sort=\"desc\" limit=\"3\" rdf=\"off\"}\n			<div id=\"news-entries\">\n			     <h3><a href=\"{title_permalink=/news_archive/story/}\">{title}</a> - {entry_date format=\"%m/%d/%Y\"} </h3>\n			     {exp:word_limit total=\"20\"}{body}{/exp:word_limit}\n			</div>\n			{/exp:weblog:entries}\n		--}\n		{!-- End of News Section of the Site --}\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(68,5,'make_a_gift','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n\n                        {embed=\"includes/donor-stories\"}\n\n<!--			<img src=\"img/donor-story-temp.jpg\" class=\"floatleft extrabottom\" />\n			<h3>A Significant Impact</h3>\n			<p>What began in 1986 as a couple\'s vision to provide \n			Christian education for Zimbabwean students has since resulted in...</p>\n			<p><a href=\"#\" class=\"icon-readmore\">Read the full story</a></p>\n-->\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			<h3 class=\"sidenav-header-title\">{static_page_name}</h3>\n		{/exp:weblog:entries}\n\n\n		\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a>{exp:static_page_path backspace=\"0\"}  » <a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}</div>\n\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			<h1>{static_page_name}</h1>\n			{body}\n		{/exp:weblog:entries}\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',4546),(69,13,'index','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"stewardshipA\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Stewardship</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a></div>\n\n			<h1>Stewardship...as a way of life</h1>\n			\n        <p>\n            Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of hearts to causes that reflect deeply\n            held values—where generosity is not as much about carrying out others’ wishes after they’re gone, as it is about seeing dreams planted, growing and\n            spreading in this life.\n        </p>\n        <p>\n            You may have completed your estate planning many years ago, or just last year. At that time your plan incorporated a Donor Advised Fund at\n            Christian Community Foundation or National Foundation, both now known as WaterStone, with further grant distributions to your favorite charities\n            after you pass on.\n        </p>\n        <p>\n            On the Stewardship Questionnaire you recently returned to our office, you indicated interest in various opportunities for <em>significant</em>\n            giving through your Donor Advised Fund.\n        </p>\n        <ul>\n            <li>\n                <strong><a href=\"#support\">Support favorite ministries in a more significant and personal way</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#capital\">Save on capital gains taxes</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#scholarship\">Establish a scholarship program</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#deduction\">Receive yearly tax deduction and pass wealth to heirs</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#unexpected\">Unexpected inheritance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#donorfund\">Reassess ministries and charities named in your Donor Advised Fund</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#estateplan\">Update your estate plan</a></strong>\n            </li>\n        </ul>\n        <p>\n            In the following paragraphs, we will introduce you to the various giving approaches available to you at WaterStone utilizing your Donor Advised Fund. We invite you to view an Online Presentation to discuss these possibilities, or you may prefer a Phone Call with a WaterStone professional. <strong>Please call us at 719.447.4620 or email <a href=\"mailto:waterstone@waterstone.org\">waterstone@waterstone.org</a> for more information on taking the next step.</strong>\n        </p>\n<a name=\"support\"></a>\n        <h2>Support favorite ministries in a more significant and personal way.</h2>\n        <p>\n            Consider the possibility of consecrating a portion of your accumulated wealth with which God has blessed you; discovering where He is already\n            moving; and using those funds to support His ways—something beyond what you normally give, something beyond your checkbook. WaterStone makes this\n            possible. Envision lending a hand in painting the walls of the orphanage you helped build or holding a parentless child while whispering a prayer\n            over him. Experience fresh joy as you discover new passions for your giving. \n        </p>\n<a name=\"capital\"></a>\n        <h2>Save on capital gains taxes. </h2>\n        <p>\n            When you begin thinking about the sale of non-cash property such as stock, mutual funds, a business, commercial property or a second home, it is\n            possible to reduce the capital gains tax you would normally incur by donating an undivided interest in your property to your WaterStone Donor\n            Advised Fund. When the sale takes place, the portion within your DAF may be reinvested with your own investment advisor and\ndistributed later when God has revealed His vision for you and your family. Just imagine! \n        </p>\n<a name=\"scholarship\"></a>\n        <h2>Establish a scholarship program.</h2>\n        <p>\n            Perhaps you have experienced the benefits of a higher education only because you received scholarship funds. It is possible for you to pass the benefits of\n            an advanced education to others with the WaterStone Scholarship Program. You will be blessed as you hand a scholarship\ncertificate to the student winner at graduation. We will help you do it! \n        </p>\n<a name=\"deduction\"></a>\n        <h2>Yearly tax deductions, yet still pass wealth on to family.</h2>\n        <p>\n            A terrific estate planning tool for our current economy is the Charitable Lead Trust (CLT). The CLT provides for an opportunity to effectively plan\n            wealth shifting to the next generation by transferring property to children or other heirs at a low or zero estate or gift tax. The CLT is the\n            perfect tool for you if you desire to steward assets well, give charitably and give tax-free to your children.\n        </p>\n        <p>\n            The CLT can be funded with non-liquid assets, allowing you to take advantage of depressed prices on assets. All types of assets can be transferred\n            to a CLT and once they are contributed to the CLT, they are immediately removed from your taxable estate. Each year, income payments may be made to\n            your Donor Advised Fund, held, invested with further distribution to favorite charities and urgent needs. After a term of years, the CLT terminates\n            and the remaining assets held by the CLT are distributed to your heirs. All assets that pass to your children may avoid estate taxation\n            completely. \n        </p>\n<a name=\"unexpected\"></a>\n        <h2>Unexpected inheritance. </h2>\n        <p>\n            When someone close to you has passed on, you can use this opportunity to fund your Donor Advised Fund with newly acquired funds from an inheritance\n            or insurance. Many people experience great joy in honoring a loved one with regular grants from their Donor Advised Fund in support of ministries\n            or charities of special interest to the deceased. \n        </p>\n<a name=\"donorfund\"></a>\n        <h2>Reassess the ministries and charities named to benefit from your family Donor Advised Fund.</h2>\n        <p>\n            Have you changed churches because of a move, or have you become interested in other ministries? It is easy to make changes or additions to your\n            WaterStone Donor Advised Fund Proposed Purpose. We want to make sure your records accurately reflect your family’s legacy objectives. Let us help\n            you. \n        </p>\n<a name=\"estateplan\"></a>\n        <h2>Update your estate plan.</h2>\n        <p>\n            As children become adults and as family dynamics change, it is important to review your estate plan on a regular basis. May we refer you to an\n            estate planning specialist? \n        </p>\n        <p>\n            We hope to walk alongside you to help discover new ways of transforming assets into living water—water that refreshes replenishes and cleanses,\n            yielding eternal life.\n        </p>\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',128),(70,4,'print_css','n','css','/* Handmade CSS by Jason Julien at CHANGE -------------------------------------------*/\n\n#content p { color: #000; font-family: \'Times New Roman\', \'Times\', serif;}\n\n#sidebar, #header-nav, #navbar, #footer, #breadcrumb {\n  display: none;\n  }\n\n#wrapper, #content { margin: 0; padding: 0; width: 100%; float: none; }','',1272950389,'n',0,'','n','n','o',0),(74,15,'index','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Newsletters</h3>\n\n\n\n                       <ul>\n                       {!--{exp:weblog:month_links weblog=\"enewsletters\"}--}\n                       {exp:weblog:categories weblog=\"enewsletters\" style=\"linear\" show_empty=\"yes\"}\n                        <li><a href=\"{path=enewsletters/list}\">{category_name}</a></li>\n                       {/exp:weblog:categories}\n                       {!--{/exp:weblog:month_links}--}\n                        </ul>\n\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n                </div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"/resources\">resources</a></div>\n\n			<h1>Newsletters</h1>\n{exp:weblog:categories weblog=\"enewsletters\" style=\"linear\" show_empty=\"yes\"}\n<div class=\"news-entries\">\n<h3><a href=\"{path=enewsletters/list}\">{category_name}</a></h3>\n<p>{category_description}&nbsp;<a href=\"{path=\"enewsletters//list}\">View Enewsletter >></a></p>\n</div>\n{/exp:weblog:categories} \n\n<!-- -->\n\n<div id=\"news-box\" style=\"margin-top: 6px;\">\n			<h2>Archived Newsletters</h2>\n			<a href=\"/resources/publications/old_publications\">Older Newsletters</a>\n			<div class=\"clearit\"></div>\n		</div>\n\n			{exp:weblog:entries weblog=\"publications\" category=\"99\" status=\"open|Featured\" orderby=\"date\" sort=\"desc\" rdf=\"off\" dynamic=\"off\"}\n			<div id=\"news-entries\">\n			     <h3 style=\"float: left; margin-right: 4px;\"><a href=\"{publication}{!--{exp:extract_url}{publication}{/exp:extract_url}--}\" class=\"pdf-link\">{title}</a></h3>\n                             <p style=\"font-size: 11px; font-style: italic; padding-left: 22px;\">{entry_date format=\"%m/%d/%Y\"}</p><div class=\"clearit\"></div>\n			</div>\n\n		{!--{paginate}\n			<div id=\"paginate\"><p>Page {current_page} of {total_pages} pages {pagination_links}</p></div>\n		{/paginate}--}\n			{/exp:weblog:entries}\n\n<!-- -->\n\n\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1323752429,'n',0,'','n','n','o',3952),(71,14,'index','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"stewardshipA\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Stewardship</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a></div>\n\n			<h1>Stewardship...as a way of life</h1>\n			\n        <p>\n            Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of hearts to causes that reflect deeply\n            held values—where generosity is not as much about carrying out others’ wishes after they’re gone, as it is about seeing dreams planted, growing and\n            spreading in this life.\n        </p>\n        <p>\n            In the following paragraphs, we will introduce you to the various giving approaches available to you at WaterStone utilizing your Donor Advised Fund during your lifetime. If you are interested in learning more about any of these opportunities, please submit our <a href=\"#form\">inquiry form</a> and a WaterStone professional will contact you. You may also get in touch with WaterStone by email, {encode=\"waterstone@waterstone.org\" title=\"waterstone@waterstone.org\"}, or telephone, 719.447.4620. \n(For a print version of this page, <a href=\"/images/uploads/main-images/Stewardship-PDF-F.pdf\">download the pdf</a>.)\n        </p>\n        <ul>\n            <li>\n                <strong><a href=\"#support\">Support favorite ministries in a more significant and personal way</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#capital\">Save on capital gains taxes</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#scholarship\">Establish a scholarship program</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#deduction\">Receive yearly tax deduction and pass wealth to heirs</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#unexpected\">Unexpected inheritance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#donorfund\">Reassess ministries and charities named in your Donor Advised Fund</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#estateplan\">Update your estate plan</a></strong>\n            </li>\n        </ul>\n        <p>\n        </p>\n<a name=\"support\"></a>\n        <h2>Support favorite ministries in a more significant and personal way.</h2>\n        <p>\n            Consider the possibility of consecrating a portion of your accumulated wealth with which God has blessed you; discovering where He is already\n            moving; and using those funds to support His ways—something beyond what you normally give, something beyond your checkbook. WaterStone makes this\n            possible. Envision lending a hand in painting the walls of the orphanage you helped build or holding a parentless child while whispering a prayer\n            over him. Experience fresh joy as you discover new passions for your giving. \n        </p>\n<a name=\"capital\"></a>\n        <h2>Save on capital gains taxes. </h2>\n        <p>\n            When you begin thinking about the sale of non-cash property such as stock, mutual funds, a business, commercial property or a second home, it is\n            possible to reduce the capital gains tax you would normally incur by donating an undivided interest in your property to your WaterStone Donor\n            Advised Fund. When the sale takes place, the portion within your DAF may be reinvested with your own investment advisor and\ndistributed later when God has revealed His vision for you and your family. Just imagine! \n        </p>\n<a name=\"scholarship\"></a>\n        <h2>Establish a scholarship program.</h2>\n        <p>\n            Perhaps you have experienced the benefits of a higher education only because you received scholarship funds. It is possible for you to pass the benefits of\n            an advanced education to others with the WaterStone Scholarship Program. You will be blessed as you hand a scholarship\ncertificate to the student winner at graduation. We will help you do it! \n        </p>\n<a name=\"deduction\"></a>\n        <h2>Yearly tax deductions, yet still pass wealth on to family.</h2>\n        <p>\n            A terrific estate planning tool for our current economy is the Charitable Lead Trust (CLT). The CLT provides for an opportunity to effectively plan\n            wealth shifting to the next generation by transferring property to children or other heirs at a low or zero estate or gift tax. The CLT is the\n            perfect tool for you if you desire to steward assets well, give charitably and give tax-free to your children.\n        </p>\n        <p>\n            The CLT can be funded with non-liquid assets, allowing you to take advantage of depressed prices on assets. All types of assets can be transferred\n            to a CLT and once they are contributed to the CLT, they are immediately removed from your taxable estate. Each year, income payments may be made to\n            your Donor Advised Fund, held, invested with further distribution to favorite charities and urgent needs. After a term of years, the CLT terminates\n            and the remaining assets held by the CLT are distributed to your heirs. All assets that pass to your children may avoid estate taxation\n            completely. \n        </p>\n<a name=\"unexpected\"></a>\n        <h2>Unexpected inheritance. </h2>\n        <p>\n            When someone close to you has passed on, you can use this opportunity to fund your Donor Advised Fund with newly acquired funds from an inheritance\n            or insurance. Many people experience great joy in honoring a loved one with regular grants from their Donor Advised Fund in support of ministries\n            or charities of special interest to the deceased. \n        </p>\n<a name=\"donorfund\"></a>\n        <h2>Reassess the ministries and charities named to benefit from your family Donor Advised Fund.</h2>\n        <p>\n            Have you changed churches because of a move, or have you become interested in other ministries? It is easy to make changes or additions to your\n            WaterStone Donor Advised Fund Proposed Purpose. We want to make sure your records accurately reflect your family’s legacy objectives. Let us help\n            you. \n        </p>\n<a name=\"estateplan\"></a>\n        <h2>Update your estate plan.</h2>\n        <p>\n            As children become adults and as family dynamics change, it is important to review your estate plan on a regular basis. We would be happy to refer you to an estate planning specialist should you require one. \n        </p>\n        <p>\n            We hope to walk alongside you to help discover new ways of transforming assets into living water—water that refreshes replenishes and cleanses,\n            yielding eternal life.\n        </p>\n\n<a name=\"form\"></a>\n<p>If you are interested in learning more about any of the opportunities listed here from a WaterStone professional, we invite you to fill out the information below.</p>\n\n{exp:email:contact_form user_recipients=\"false\" recipients=\"sues@waterstone.org,bryanm@waterstone.org\" charset=\"utf-8\" return=\"{site_url}stewardshipB/thanks/\"}\n\n\n<p><label for=\"name\">Your Name:</label><br />\n<input type=\"text\" id=\"name\" name=\"name\" size=\"40\" value=\"\" /></p>\n\n<p><label for=\"from\">Your Email:</label><br />\n<input type=\"text\" id=\"from\" name=\"from\" size=\"40\" maxlength=\"35\" value=\"\" /></p>\n\n<p><label for=\"phone\">Phone:</label><br />\n<input type=\"text\" id=\"phone\" name=\"message[]\" size=\"40\" maxlength=\"35\" value=\"\" /></p>\n\n<!--<p><label for=\"subject\">Subject:</label><br /></p>-->\n<input type=\"hidden\" id=\"subject\" name=\"subject\" size=\"40\" value=\"WaterStone Stewardship Form\" />\n\n<p><label for=\"message\">Opportunities In Which You Are Interested:</label><br />\n<textarea id=\"message\" name=\"message[]\" rows=\"18\" cols=\"40\"></textarea></p>\n\n{if captcha}\n    <p><label for=\"captcha\">Please enter the word you see in the image below:</label></p>\n    <p>{captcha}<br />\n    <input type=\"text\" name=\"captcha\" value=\"\" size=\"20\" maxlength=\"20\" style=\"width:140px;\" /></p>\n{/if}\n\n\n<p><input name=\"submit\" type=\'submit\' value=\'Submit Form\' /></p>\n\n{/exp:email:contact_form}\n\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1298530778,'n',0,'','n','n','o',118),(72,14,'thanks','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"stewardshipA\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Stewardship</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a></div>\n\n			<h1>Stewardship...as a way of life</h1>\n			\n        <p>\n            Thank you for your interest in the opportunities available through WaterStone.\n        </p>\n        \n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',14),(73,13,'index-bak','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"stewardshipA\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Stewardship</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a></div>\n\n			<h1>Stewardship...as a way of life</h1>\n			\n        <p>\n            Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of hearts to causes that reflect deeply\n            held values—where generosity is not as much about carrying out others’ wishes after they’re gone, as it is about seeing dreams planted, growing and\n            spreading in this life.\n        </p>\n        <p>\n            You may have completed your estate planning many years ago, or just last year. At that time your plan incorporated a Donor Advised Fund at\n            Christian Community Foundation or National Foundation, both now known as WaterStone, with further grant distributions to your favorite charities\n            after you pass on.\n        </p>\n        <p>\n            On the Stewardship Questionnaire you recently returned to our office, you indicated interest in various opportunities for <em>significant</em>\n            giving through your Donor Advised Fund.\n        </p>\n        <ul>\n            <li>\n                <strong><a href=\"#support\">Support favorite ministries in a more significant and personal way</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#capital\">Save on capital gains taxes</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#scholarship\">Establish a scholarship program</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#deduction\">Receive yearly tax deduction and pass wealth to heirs</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#unexpected\">Unexpected inheritance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#donorfund\">Reassess ministries and charities named in your Donor Advised Fund</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#estateplan\">Update your estate plan</a></strong>\n            </li>\n        </ul>\n        <p>\n            In the following paragraphs, we will introduce you to the various giving approaches available to you at WaterStone utilizing your Donor Advised\n            Fund. We invite you to view an Online Presentation to discuss these possibilities, or you may prefer a Phone Call with a WaterStone professional. <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">Click HERE to reserve a time.</a></strong>\n        </p>\n<a name=\"support\"></a>\n        <h2>Support favorite ministries in a more significant and personal way.</h2>\n        <p>\n            Consider the possibility of consecrating a portion of your accumulated wealth with which God has blessed you; discovering where He is already\n            moving; and using those funds to support His ways—something beyond what you normally give, something beyond your checkbook. WaterStone makes this\n            possible. Envision lending a hand in painting the walls of the orphanage you helped build or holding a parentless child while whispering a prayer\n            over him. Experience fresh joy as you discover new passions for your giving. We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a></strong> to discuss how you can support your favorite ministries in a more significant and personal way.\n        </p>\n<a name=\"capital\"></a>\n        <h2>Save on capital gains taxes. </h2>\n        <p>\n            When you begin thinking about the sale of non-cash property such as stock, mutual funds, a business, commercial property or a second home, it is\n            possible to reduce the capital gains tax you would normally incur by donating an undivided interest in your property to your WaterStone Donor\n            Advised Fund. When the sale takes place, the portion within your DAF may be reinvested with your own investment advisor and\ndistributed later when God has revealed His vision for you and your family. Just imagine! We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a> </strong>to discuss saving capital gains tax on sales of appreciated assets.\n        </p>\n<a name=\"scholarship\"></a>\n        <h2>Establish a scholarship program.</h2>\n        <p>\n            Perhaps you have experienced the benefits of a higher education only because you received scholarship funds. It is possible for you to pass the benefits of\n            an advanced education to others with the WaterStone Scholarship Program. You will be blessed as you hand a scholarship\ncertificate to the student winner at graduation. We will help you do it! We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a></strong>.\n        </p>\n<a name=\"deduction\"></a>\n        <h2>Yearly tax deductions, yet still pass wealth on to family.</h2>\n        <p>\n            A terrific estate planning tool for our current economy is the Charitable Lead Trust (CLT). The CLT provides for an opportunity to effectively plan\n            wealth shifting to the next generation by transferring property to children or other heirs at a low or zero estate or gift tax. The CLT is the\n            perfect tool for you if you desire to steward assets well, give charitably and give tax-free to your children.\n        </p>\n        <p>\n            The CLT can be funded with non-liquid assets, allowing you to take advantage of depressed prices on assets. All types of assets can be transferred\n            to a CLT and once they are contributed to the CLT, they are immediately removed from your taxable estate. Each year, income payments may be made to\n            your Donor Advised Fund, held, invested with further distribution to favorite charities and urgent needs. After a term of years, the CLT terminates\n            and the remaining assets held by the CLT are distributed to your heirs. All assets that pass to your children may avoid estate taxation\n            completely. We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time.</a></strong>\n        </p>\n<a name=\"unexpected\"></a>\n        <h2>Unexpected inheritance. </h2>\n        <p>\n            When someone close to you has passed on, you can use this opportunity to fund your Donor Advised Fund with newly acquired funds from an inheritance\n            or insurance. Many people experience great joy in honoring a loved one with regular grants from their Donor Advised Fund in support of ministries\n            or charities of special interest to the deceased. You are invited to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a> </strong>to discuss funding your Donor\n            Advised Fund as a memorial to your loved one.\n        </p>\n<a name=\"donorfund\"></a>\n        <h2>Reassess the ministries and charities named to benefit from your family Donor Advised Fund.</h2>\n        <p>\n            Have you changed churches because of a move, or have you become interested in other ministries? It is easy to make changes or additions to your\n            WaterStone Donor Advised Fund Proposed Purpose. We want to make sure your records accurately reflect your family’s legacy objectives. Let us help\n            you. We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a> </strong>to discuss your purpose changes.\n        </p>\n<a name=\"estateplan\"></a>\n        <h2>Update your estate plan.</h2>\n        <p>\n            As children become adults and as family dynamics change, it is important to review your estate plan on a regular basis. May we refer you to an\n            estate planning specialist? We invite you to <strong><a href=\"http://www.genbook.com/bookings/slot/reservation/30077983?bookingSourceId=1000\" target=\"_blank\">click HERE to reserve a time</a> </strong>to discuss your objectives with a WaterStone\n            professional.<strong></strong>\n        </p>\n        <p>\n            We hope to walk alongside you to help discover new ways of transforming assets into living water—water that refreshes replenishes and cleanses,\n            yielding eternal life.\n        </p>\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(79,15,'categories','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">ENEWSLETTER ARCHIVE</h3>\n\n\n\n                       <ul>\n                       {exp:weblog:month_links weblog=\"enewsletters\"}\n                        <li><a href=\"{title_permalink=/enewsletters/}\">{month} {year}</a></li>\n                       {/exp:weblog:month_links}\n\n                        <li><a href=\"{path={my_template_group}/archives}\">Complete Archives</a></li>\n                        <li><a href=\"{path={my_template_group}/categories}\">Category Archives</a></li>\n                        </ul>\n\n{!--                            <li><a href=\"/story_archive/donor_stories\" title=\"donor stories\">Donor Stories</a></li>\n                            <li><a href=\"/story_archive/transforming_assets\" title=\"transforming assets\">Transforming Assets</a></li>\n                            <li><a href=\"/story_archive/advisor_stories\" title=\"advisor stories\">Advisor Stories</a></li>\n                       </ul>--}\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n                </div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"/enewsletters\">enewsletters</a></div>\n\n			<h1>Enewsletter Archive</h1>\n\n{exp:weblog:category_archive weblog=\"enewsletters\" style=\"linear\"}\n<div id=\"news-box\">\n{categories}<h2>{category_name}</h2>{/categories}\n<div class=\"clearit\"></div>\n</div>\n\n<div id=\"news-entries\">\n{entry_titles}<h3><a href=\"{path=enewsletters/category/}\">{title}</a></h3>{/entry_titles}\n</div>\n{/exp:weblog:category_archive}\n\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',16),(76,15,'article','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Newsletters</h3>\n			{exp:weblog:entries weblog=\"enewsletters\" limit=\"1\" rdf=\"off\" disable=\"member_data|trackbacks\"}\n                       <ul><li><a href=\"{path=enewsletters/list/}C{categories}{category_id}{/categories}\" title=\"enewsletters\">< back to {categories}{category_name}{/categories}</a></li></ul>\n			{/exp:weblog:entries}\n		</div>		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n			{exp:weblog:entries weblog=\"enewsletters\" limit=\"1\" rdf=\"off\" disable=\"member_data|trackbacks\"}\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"resources\">resources</a> » <a href=\"resources/newsletters\">Newsletters</a> » <a href=\"{path=enewsletters/list/}C{categories}{category_id}{/categories}\">{categories}{category_name}{/categories}</a></div>\n\n\n{categories}\n<h1>{category_name}</h1>\n{/categories}\n\n			<h2>{title}</h2>\n\n			{!--<h4>{entry_date format=\"%m/%d/%Y\"} </h4>--}\n\n                        {if story_image!=\'\'}\n                                       <img src=\"/phpThumb/phpThumb.php?src={exp:extract_url}{story_image}{/exp:extract_url}&w=250&h=250\" alt=\"{title} image\" border=\"0\" class=\"{if story_image_float==\"left\"}morefloatleft{/if}{if story_image_float==\"right\"}morefloatright{/if}\" />\n                        {/if}\n			{enews_body}\n\n\n\n			{/exp:weblog:entries}\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n                       {embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1323764063,'n',0,'','n','n','o',4436),(80,15,'index-categories','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">ENEWS ARCHIVE</h3>\n                       <ul>\n                            <li><a href=\"/story_archive/donor_stories\" title=\"donor stories\">Donor Stories</a></li>\n                            <li><a href=\"/story_archive/transforming_assets\" title=\"transforming assets\">Transforming Assets</a></li>\n                            <li><a href=\"/story_archive/advisor_stories\" title=\"advisor stories\">Advisor Stories</a></li>\n                       </ul>\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n                </div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"/stories\">stories</a></div>\n\n			<h1>Enewsletter Archive</h1>\n\n			{exp:weblog:entries weblog=\"enewsletters\" orderby=\"date\" sort=\"desc\" limit=\"10\" rdf=\"off\" paginate=\"bottom\"}\n			<div id=\"news-entries\">\n			     <h3>{entry_date format=\"%m/%d/%Y\"}  - <a href=\"{title_permalink=enewsletters/story/}\">{title}</a></h3>\n			</div>\n\n		{paginate}\n			<div id=\"paginate\"><p>Page {current_page} of {total_pages} pages {pagination_links}</p></div>\n		{/paginate}\n			{/exp:weblog:entries}\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(78,15,'advisor_stories','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">STORY ARCHIVE</h3>\n                       <ul>\n                            <li><a href=\"/story_archive/donor_stories\" title=\"donor stories\">Donor Stories</a></li>\n                            <li><a href=\"/story_archive/transforming_assets\" title=\"transforming assets\">Transforming Assets</a></li>\n                            <li><a href=\"/story_archive/advisor_stories\" title=\"advisor stories\">Advisor Stories</a></li>\n                       </ul>\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		    {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"/stories\">stories</a></div>\n\n			<h1>Story Archive</h1>\n\n		<div id=\"news-box\">\n			<h2>Advisor Stories</h2>\n			<a href=\"/index.php/stories\">Latest Story</a>\n			<div class=\"clearit\"></div>\n		</div>\n\n			{exp:weblog:entries weblog=\"stories\" category=\"58\" status=\"open|Featured\" orderby=\"date\" sort=\"desc\" limit=\"10\" rdf=\"off\" paginate=\"bottom\"}\n			<div id=\"news-entries\">\n			     <h3>{entry_date format=\"%m/%d/%Y\"}  - <a href=\"{title_permalink=story_archive/story/}\">{title}</a></h3>\n			</div>\n\n		{paginate}\n			<div id=\"paginate\"><p>Page {current_page} of {total_pages} pages {pagination_links}</p></div>\n		{/paginate}\n			{/exp:weblog:entries}\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(83,15,'list','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Newsletters</h3>\n\n\n\n                       <ul>\n                       {exp:weblog:categories weblog=\"enewsletters\" style=\"linear\" show_empty=\"yes\"}\n                        <li><a href=\"{path=enewsletters/list}\">{category_name}</a></li>\n                       {/exp:weblog:categories}\n                        </ul>\n\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n                </div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"resources/newsletters\">Newsletters</a></div>\n\n			<h1>Newsletters</h1>\n\n                {exp:weblog:category_heading weblog=\"enewsletters\"}\n\n{if \'{category_name}\' == \'Spring 2010\' OR \'{category_name}\' == \'Fall 2010\' OR \'{category_name}\' == \'Spring 2011\'}<h2>Stones of Remembrance</h2>{if:else}<h2>Ripple Effect</h2>{/if}\n\n                    <h3>{category_name}</h3>\n                    {if category_description}\n                        <p><i>{category_description}</i></p>\n                    {/if}\n                {/exp:weblog:category_heading}\n\n{exp:weblog:entries weblog=\"enewsletters\" disable=\"member_data|trackbacks\" orderby=\"date\" sort=\"asc\"}\n<h3><a href=\"{url_title_path=enewsletters/article}\">{title}</a></h3>\n<p>{exp:imgsizer:size src=\"{enews_thumb}\" width=\"100\" height=\"100\" alt=\"{title}\" class=\"floatleft\"}\n{exp:word_limit_plus if_exceeds=\"18\" stop_after=\"21\" the_link=\"<a href=\'{url_title_path=enewsletters/article}\'>View Article</a>\"}\n     {enews_intro}\n{/exp:word_limit_plus}\n</p>\n{/exp:weblog:entries}\n\n\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1323769726,'n',0,'','n','n','o',3445),(81,15,'categories-bak','n','webpage','{assign_variable:my_weblog=\"default_site\"}\n{assign_variable:my_template_group=\"site\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\">\n\n<head>\n<title>{exp:weblog:info weblog=\"{my_weblog}\"}{blog_title}{/exp:weblog:info}</title>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset={charset}\" />\n\n<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet={my_template_group}/site_css}\' />\n<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet={my_template_group}/site_css}\";</style>\n\n<link rel=\"alternate\" type=\"application/rss+xml\" title=\"RSS\" href=\"{path={my_template_group}/rss_2.0}\" />\n<link rel=\"alternate\" type=\"application/atom+xml\" title=\"Atom\" href=\"{path={my_template_group}/atom}\" />\n\n</head>\n\n<body>\n\n<div id=\"topbar\"></div>\n<div class=\"secondbar\"></div>\n\n\n<div id=\"wrapper\">\n<div id=\"header\">\n\n<ul id=\"navbar\">\n  <li id=\"home\"><a href=\"{homepage}\" title=\"Home\">Home</a></li>\n  <li id=\"about\"><a href=\"{path={my_template_group}/about}\" title=\"About\">About</a></li>\n  <li id=\"archives\"><a href=\"{path={my_template_group}/archives}\" title=\"Archives\">Archives</a></li>\n  <li id=\"contact\">{encode=\"{webmaster_email}\" title=\"Contact\"}</li>\n</ul>\n\n<div id=\"blogtitle\"><h1>{exp:weblog:info weblog=\"{my_weblog}\"}{blog_title}{/exp:weblog:info}</h1></div>\n<div class=\"spacer\"></div>\n</div>\n<div class=\"secondbar\"></div>\n\n<div class=\"spacer\"></div>\n\n<div id=\"content\">\n\n\n<div id=\"blog\">\n\n<h2 class=\"sidetitle\">Categories</h2>\n<div class=\"entry\">\n{exp:weblog:category_archive weblog=\"enewsletters\"}\n\n{categories}<h4>{category_name}</h4>{/categories}\n\n{entry_titles}<a href=\"{path={my_template_group}/comments}\">{title}</a>{/entry_titles}\n\n{/exp:weblog:category_archive}\n</div>\n<p><a href=\"{homepage}\">&lt;&lt; Back to main</a></p>\n\n</div>\n\n\n<div id=\"sidebar\">\n\n<p><b>Members:</b>\n<br />\n{if logged_in}\n <a href=\"{path=member/profile}\">Your Account</a>  |  <a href=\"{path=logout}\">Logout</a>\n{/if}\n\n{if logged_out}\n <a href=\"{path=member/login}\">Login</a> | <a href=\"{path=member/register}\">Register</a>\n{/if}\n\n | <a href=\"{path=member/memberlist}\">Member List</a>\n</p>\n\n<h2 class=\"sidetitle\">About</h2>\n<p>Quote meon an estimate et non interruptus stadium. Sic tempus fugit esperanto hiccup estrogen. Glorious baklava ex librus hup hey ad infinitum. Non sequitur condominium facile et geranium incognito.</p>\n\n\n<h2 class=\"sidetitle\">Monthly Archives</h2>\n<ul>\n{exp:weblog:month_links weblog=\"enewsletters\"}\n<li><a href=\"{path={my_template_group}/index}\">{month} {year}</a></li>\n{/exp:weblog:month_links}\n\n<li><a href=\"{path={my_template_group}/archives}\">Complete Archives</a></li>\n<li><a href=\"{path={my_template_group}/categories}\">Category Archives</a></li>\n</ul>\n\n\n<h2 class=\"sidetitle\">Most recent entries</h2>\n<ul>\n{exp:weblog:entries orderby=\"date\" sort=\"desc\" limit=\"15\" weblog=\"{my_weblog}\" dynamic=\"off\" disable=\"pagination|custom_fields|categories|member_data|trackbacks\"}\n<li><a href=\"{title_permalink={my_template_group}/index}\">{title}</a></li>\n{/exp:weblog:entries}\n</ul>\n\n\n<h2 class=\"sidetitle\">Syndicate</h2>\n<ul>\n<li><a href=\"{path={my_template_group}/atom}\">Atom</a></li>\n<li><a href=\"{path={my_template_group}/rss_2.0}\">RSS 2.0</a></li>\n\n</ul>\n\n</div>\n</div>\n<br class=\"spacer\" />\n<div id=\"footer\">\n\nThis page has been viewed {hits} times &#8226;\nPage rendered in {elapsed_time} seconds &#8226;\n\n<p><br /><a href=\"http://www.pmachine.com/\">Powered by ExpressionEngine</a></p>\n\n</div>\n</div>\n</body>\n</html>\n\n','',1272950389,'n',0,'','n','n','o',1),(82,15,'index-bak','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"Jason Julien (jasonjulien.com) of CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n                        {embed=\"includes/donor-stories\"}\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">ENEWSLETTER ARCHIVE</h3>\n\n\n\n                       <ul>\n                       {exp:weblog:month_links weblog=\"enewsletters\"}\n                        <li><a href=\"{title_permalink=/enewsletters/}\">{month} {year}</a></li>\n                       {/exp:weblog:month_links}\n\n                        <li><a href=\"{path={my_template_group}/archives}\">Complete Archives</a></li>\n                        <li><a href=\"{path={my_template_group}/categories}\">Category Archives</a></li>\n                        </ul>\n\n{!--                            <li><a href=\"/story_archive/donor_stories\" title=\"donor stories\">Donor Stories</a></li>\n                            <li><a href=\"/story_archive/transforming_assets\" title=\"transforming assets\">Transforming Assets</a></li>\n                            <li><a href=\"/story_archive/advisor_stories\" title=\"advisor stories\">Advisor Stories</a></li>\n                       </ul>--}\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n                </div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> » <a href=\"/enewsletters\">enewsletters</a></div>\n\n			<h1>Enewsletter Archive</h1>\n<div id=\"news-entries\">\n{exp:weblog:categories weblog=\"enewsletters\" style=\"linear\"}\n<h3><a href=\"{path=enewsletters/category/}\">{category_name}</a></h3>\n<p>{category_description}</p>\n{/exp:weblog:categories} \n</div>\n\n====\n\n{exp:weblog:category_archive weblog=\"enewsletters\"}\n\n{categories}<h4>{category_name}</h4>{/categories}\n\n{entry_titles}<a href=\"{path=enewsletters/article/}\">{title}</a>{/entry_titles}\n\n{/exp:weblog:category_archive}\n\n\n			{exp:weblog:entries weblog=\"enewsletters\" orderby=\"date\" sort=\"desc\" limit=\"10\" rdf=\"off\" paginate=\"bottom\"}\n			<div id=\"news-entries\">\n			     <h3>{entry_date format=\"%m/%d/%Y\"}  - <a href=\"{title_permalink=enewsletters/article/}\">{title}</a></h3>\n			</div>\n\n		{paginate}\n			<div id=\"paginate\"><p>Page {current_page} of {total_pages} pages {pagination_links}</p></div>\n		{/paginate}\n			{/exp:weblog:entries}\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',0),(84,5,'index-newbtn','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n{embed=\"includes/head\"}\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"quote-box\">\n\n		    {exp:weblog:entries weblog=\"quotes\" limit=\"1\" orderby=\"random\" rdf=\"off\"}\n			{quote}\n			<p class=\"quote-source\">{title}<br /><em>{quote_source}</em></p>\n		    {/exp:weblog:entries}\n\n		</div>\n\n		<div id=\"donorstories-box\">\n			<h2>Stories</h2>\n\n                {exp:weblog:entries weblog=\"stories\" orderby=\"random\" status=\"Featured\" limit=\"2\" rdf=\"off\"}\n			<h3>{title}</h3>\n\n{if story_image!=\"\"}\n<img src=\"/phpThumb/phpThumb.php?src={exp:extract_url}{story_image}{/exp:extract_url}&w=75&h=115\" alt=\"{title} image\" border=\"0\" class=\"floatleft extrabottom\" />\n{/if}\n			{exp:word_limit_plus if_exceeds=\"15\" stop_after=\"30\"}{story_copy}{/exp:word_limit_plus}\n			<p><a href=\"{title_permalink=story_archive/story/}\">read more »</a></p>\n                {/exp:weblog:entries}\n\n			<p><a href=\"http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318\" class=\"button-calculators\">Access Our Free Calculators</a></p>\n			<!--<p><a href=\"/community_network\" class=\"button-login\">Community Network Login</a></p>-->\n\n			<p><a href=\"{path=make_a_gift/}\" class=\"button-makeagift\">Make a Gift</a></p>\n\n                {exp:weblog:entries weblog=\"default_site\" orderby=\"random\" limit=\"1\" rdf=\"off\"}\n			<p><a href=\"{permalink=tell_a_friend/}\" class=\"button-tellafriend\">Tell-a-Friend About Our Site</a></p>\n                {/exp:weblog:entries}\n\n<div id=\"enews-btn\"><a href=\"#\">Online Newsletter</a></div>\n\n\n		</div>\n\n\n\n		<div id=\"addressbox\">\n			{embed=\"includes/address\"}\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		<div id=\"home-splash\"></div>\n\n		<div id=\"content\">\n		\n\n			\n			<p style=\"padding-top: 30px;\">Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of heart to causes that reflect deeply held values&mdash;where generosity isn\'t as much about carrying out another\'s wishes after they\'re gone, as it is about seeing dreams planted, growing and spreading in this life.</p>\n\n<p>Imagine easily identifying and then participating in the ways that God is already moving in the world. Most of all imagine the joy of building a living legacy to pass on with confidence from generation to generation.</p>\n\n<p>We invite you to join us as we seek new ways to transform assets into living water&mdash;a water that refreshes, replenishes and cleanses, yielding eternal life.</p>\n		\n		<div id=\"callout\">\n			<img src=\"img/redefined-perspective.gif\" class=\"floatleft\" />\n			<p>At WaterStone, we\'re constantly seeking new ways to help people think differently about their giving... <a href=\"/about_us/brand_story\">more</a></p>\n		</div>\n		\n		{!-- Hiding the News Section of the Site --} \n		{!--\n		<div id=\"news-box\">\n			<h2>Latest News </h2>\n			<a href=\"/resources/news_and_events\">Read All News Releases </a>\n			<div class=\"clearit\"></div>\n		</div>\n			\n			{exp:weblog:entries weblog=\"news_release\" orderby=\"date\" sort=\"desc\" limit=\"3\" rdf=\"off\"}\n			<div id=\"news-entries\">\n			     <h3><a href=\"{title_permalink=/news_archive/story/}\">{title}</a> - {entry_date format=\"%m/%d/%Y\"} </h3>\n			     {exp:word_limit total=\"20\"}{body}{/exp:word_limit}\n			</div>\n			{/exp:weblog:entries}\n		--}\n		{!-- End of News Section of the Site --}\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1272950389,'n',0,'','n','n','o',87),(85,16,'index','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"info\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Info</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n{if segment_2 ==\'\'}\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a></div>\n\n			<h1>Overcoming Private Foundation Hurdles</h1>\n			\n        <p>Several years ago Mr. and Mrs. Richardson realized the administration of their private foundation was creating hurdles that kept them from the philanthropy they loved. They were tired of time consuming IRS compliance and concerned that much of their personal time was being robbed by the administrative requirements of their private foundation. \nAlthough they wanted to simplify their grant making process, they also wanted to regain the confidentiality they had lost through their private foundation. \nMr. and Mrs. Richardson were particularly concerned that their estate would not be used wisely and in a way pleasing to the Lord after their passing. \n        </p>\n        <p>\nJoining a growing trend, they chose to enhance their private foundation with a Donor Advised Fund (DAF) at a public foundation. Other philanthropists are choosing to shut down their private foundations and roll them into a DAF. The Donor Advised Fund concept was designed as a service by public charities in reaction to the Congressional Tax Reform Act of 1969 which increased regulation of private foundations. The limitations, complexities, taxes and expenses of a private foundation simply disappear with the Donor Advised Fund.\n        </p>\n        <p>Read more about overcoming private foundation hurdles through a WaterStone Donor Advised Fund!</p>\n        <ul>\n            <li>\n                <strong><a href=\"/info/irs_compliance\">IRS compliance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/info/5_grant_requirements\">5% grant requirements and integrity of purpose</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/info/tax_headaches\">Tax headaches</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/info/public_access\">Public access to your benevolence</a></strong>\n            </li>\n         </ul>\n        <p>You can once again experience the joy of generous living! Whether you consider converting your private foundation to a DAF, or choose to ease in to the transition by adding a Donor Advised Fund, WaterStone has the experience to assist you with either approach.</p>\n\n<hr style=\"border: 0; border-bottom: 1px dotted #bbb; padding-top: 15px; margin: 10px 0 15px 25px; width: 90%;\" />\n\n<h2>Gather more information here. Take the next step!</h2>\n<p></p>\n<ul>\n<li><a href=\"/info/compare_private_foundation_vs_daf\">Compare Private Foundations vs. Donor Advised Funds at a Public Foundation.</a></li>\n<li><a href=\"/info/how_to_roll_a_donor_fund\">Read “How to Roll a Private Foundation into a Donor Advised Fundâ€ by a Colorado attorney.</a></li>\n<li><a href=\"/info/make_changes_to_overcome_hurdles_private_foundation\">Make Changes Now to Overcome the Hurdles of a Private Foundation.</a></li>\n<li><a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\">Gather WaterStone Donor Advised Fund information.</a></li>\n<li><a href=\"http://www.waterstone.org/?/about_us/financial_integrity/financial_summary_audit\">Evaluate the WaterStone Financial Audit.</a></li>\n</ul>\n\n<h2>Request Form</h2>\n{!--{exp:email:contact_form user_recipients=\"false\" recipients=\"waterstone@waterstone.org\" charset=\"utf-8\" return=\"{site_url}info/thanks/\"}--}\n{!--{exp:email:contact_form user_recipients=\"false\" recipients=\"sues@waterstone.org,bryanm@waterstone.org\" charset=\"utf-8\" return=\"{site_url}info/thanks/\"}--}\n{!--{exp:email:contact_form user_recipients=\"false\" recipients=\"jason@jasonjulien.com\" charset=\"utf-8\" return=\"{site_url}info/thanks/\"}--}\n{!--{exp:email:contact_form user_recipients=\"false\" recipients=\"melissa@changeffect.com,WaterStone@ccfnfi.org,SueS@WaterStone.org\" charset=\"utf-8\" return=\"{site_url}info/thanks/\"}--}\n{exp:email:contact_form user_recipients=\"false\" recipients=\"WaterStoneWeb@Gmail.com\" charset=\"utf-8\" return=\"{site_url}info/thanks/\"}\n\n<input type=\"hidden\" id=\"from\" name=\"from\" value=\"waterstone@waterstone.org\" />\n\n\n<p><input type=\"checkbox\" name=\"message[]\" value=\"Please contact me, I have questions\" /><label for=\"contact_me\"> &nbsp; Please contact, I have questions.</label></p>\n<p><input type=\"checkbox\" name=\"message[]\" value=\"I need a referral to local estate planning attorneys\" /><label for=\"refer_me\"> &nbsp; I need a referral to local estate planning attorneys.</label></p>\n\n<p><label for=\"name\">Your Name:</label><br />\n<input type=\"text\" id=\"name\" name=\"message[]\" size=\"40\" value=\"\" /></p>\n\n<p><label for=\"from\">Your Email:</label><br />\n<input type=\"text\" id=\"from\" name=\"from\" size=\"40\" maxlength=\"35\" value=\"\" /></p>\n\n<p><label for=\"phone\">Phone:</label><br />\n<input type=\"text\" id=\"phone\" name=\"message[]\" size=\"40\" maxlength=\"35\" value=\"\" /></p>\n\n<!--<p><label for=\"subject\">Subject:</label><br /></p>-->\n<input type=\"hidden\" id=\"subject\" name=\"subject\" size=\"40\" value=\"WaterStone Info Form\" />\n\n{if captcha}\n    <p><label for=\"captcha\">Please enter the word you see in the image below:</label></p>\n    <p>{captcha}<br />\n    <input type=\"text\" name=\"captcha\" value=\"\" size=\"20\" maxlength=\"20\" style=\"width:140px;\" /></p>\n{/if}\n\n\n<p><input name=\"submit\" type=\'submit\' value=\'Submit Form\' /></p>\n\n{/exp:email:contact_form}\n<p><em>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations. </em></p>\n\n{/if}\n\n{if segment_2 !=\'\'}\n\n	<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> | <a href=\"/info\">info</a></div>\n\n<hr style=\"border: 0; border-bottom: 1px dotted #bbb; padding-top: 15px; margin: 10px 0 15px 25px; width: 90%;\" />\n\n<div id=\"infopages\">\n{exp:weblog:entries weblog=\"info\" limit=\"1\" dynamic=\"on\"}\n{body}\n{/exp:weblog:entries}\n</div>\n{/if}\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1283924872,'n',0,'','n','n','o',630),(86,16,'thanks','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body id=\"info\">\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Info</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a> | <a href=\"/info\">Info</a></div>\n\n			<h1>Overcoming Private Foundation Hurdles</h1>\n			\n        <p>\n            Thank you for your interest in a WaterStone Donor Advised Fund. \n        </p>\n        \n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1281030175,'n',0,'','n','n','o',41),(87,4,'google-old','n','webpage','<script type=\"text/javascript\">\n\n  var _gaq = _gaq || [];\n  _gaq.push([\'_setAccount\', \'UA-17584132-1\']);\n  _gaq.push([\'_trackPageview\']);\n\n  (function() {\n    var ga = document.createElement(\'script\'); ga.type = \'text/javascript\'; ga.async = true;\n    ga.src = (\'https:\' == document.location.protocol ? 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Donors should consult their legal and tax advisors regarding their specific situations. </em></p>','',1285363207,'n',0,'','n','n','o',0),(94,5,'daf_thank_you','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n\n                        {embed=\"includes/donor-stories\"}\n\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Thank You</h3>\n\n\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"/\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"/}\">home</a>  » <a href=\"/solutions\" title=\"solutions\">solutions</a></div>\n\n			<h1>Thank You</h1>\n			\n       <p>Thank you for your interest in the opportunities available through WaterStone.</p>\n\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1285363177,'n',0,'','n','n','o',0),(91,16,'details','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'print\' href=\'{stylesheet=includes/print_css}\' />\n	<style type=\'text/css\' media=\'print\'>@import \"{stylesheet=includes/print_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n                        {embed=\"includes/donor-stories\"}\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Info</h3>\n		</div>\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n\n	<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a>{exp:static_page_path backspace=\"0\"}  » <a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}</div>\n\n		{exp:weblog:entries weblog=\"info\" limit=\"1\" dynamic=\"on\"}\n			<h1>{title}</h1>\n			{body}\n		{/exp:weblog:entries}\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1285217236,'n',0,'','n','n','o',27),(92,5,'private_foundation_template','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n\n                        {embed=\"includes/donor-stories\"}\n\n<!--			<img src=\"img/donor-story-temp.jpg\" class=\"floatleft extrabottom\" />\n			<h3>A Significant Impact</h3>\n			<p>What began in 1986 as a couple\'s vision to provide \n			Christian education for Zimbabwean students has since resulted in...</p>\n			<p><a href=\"#\" class=\"icon-readmore\">Read the full story</a></p>\n-->\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			<h3 class=\"sidenav-header-title\">{static_page_name}</h3>\n		{/exp:weblog:entries}\n\n\n			{if static_page_name == \'givers\'}\n<ul>\n  <li>\n    <a title=\"Donor Stories\" href=\"http://waterstone.giftlegacy.com/plgive_donor_stories.jsp?WebID=GL2007-0908\">Donor Stories</a>\n  </li>\n  <li>\n    <a title=\"Reading Room\" href=\"http://waterstone.giftlegacy.com/reading_room.jsp?WebID=GL2007-0908\">Reading Room</a>\n  </li>\n  <!-- <li>\n    <br />\n    <a title=\"Professional Advisors\" href=\"http://waterstone.giftlegacy.com/giftlaw/giftlaw.jsp?WebID=GL2001-0318\">Professional Advisors</a>\n  </li> -->\n</ul>\n{if:elseif static_page_name ==\'advisors\' || static_page_name == \'calculator\'}\n<ul>\n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/giftlaw.jsp?WebID=GL2001-0318\">GiftLaw Front Page</a></li>\n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/glawpro.jsp?WebID=GL2001-0318\">GiftLaw Pro</a></li>  \n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/washington.jsp?WebID=GL2001-0318\">Washington Hotline</a></li>  \n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/casewk.jsp?WebID=GL2001-0318\">Case of the Week</a></li>  \n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/article.jsp?WebID=GL2001-0318\">Article of the Month</a></li>\n    <li><a href=\"http://waterstone.giftlegacy.com/giftlaw/plr.jsp?WebID=GL2001-0318\">Private Letter Rulings</a></li>\n    <li><a href=\"{path=/advisors/calculator}\">GiftLaw Calculator</a></li>\n    <li><a href=\"{path=/login}\">Login</a></li>\n</ul>\n			{if:else}\n                           {exp:static_page_path direction=\"post\" depth=\"0\"}<a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}\n			{/if}\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"{homepage}\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"{homepage}\">home</a>{exp:static_page_path backspace=\"0\"}  » <a href=\"{url_title}\" title=\"{title}\">{title}</a>{/exp:static_page_path}</div>\n\n		{exp:weblog:entries category=\"{static_page}\" dynamic=\"off\"}\n			{!--<h1>{static_page_name}</h1>--}\n			{body}\n\n{if url_title==\'activate_your_donor_advised_fund\'}{embed=\"includes/activate_form\"}{/if}\n{if url_title==\'private_foundation_alternatives\'}{embed=\"includes/info-form\"}{/if}\n		{/exp:weblog:entries}\n\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1285312693,'n',0,'','n','n','o',2278),(93,5,'pfa_thank_you','n','webpage','{assign_variable:my_weblog=\"content_pages\"}\n{assign_variable:my_template_group=\"static\"}\n\n<!DOCTYPE html PUBLIC \"-//W3C//DTD XHTML 1.0 Strict//EN\" \"http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd\">\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xml:lang=\"en\" lang=\"en\">\n<head>\n    <title>Waterstone</title>\n    <meta http-equiv=\"Content-Type\" content=\"text/html; charset=UTF-8\" /> \n    <meta name=\"author\" content=\"Waterstone\" />\n    <meta name=\"description\" content=\"This is the description\" />\n    <meta name=\"DC.creator\" content=\"CHANGE Design Group - http://www.changedesigngroup.com\" />\n\n	<link rel=\'stylesheet\' type=\'text/css\' media=\'all\' href=\'{stylesheet=includes/screen_css}\' />\n	<style type=\'text/css\' media=\'screen\'>@import \"{stylesheet=includes/screen_css}\";</style>\n\n</head>\n\n<body>\n\n<div id=\"wrapper\">\n\n	<div id=\"sidebar\">\n		<div id=\"stories-box\">\n			<h2>Stories</h2>\n\n\n                        {embed=\"includes/donor-stories\"}\n\n\n\n		</div>\n		\n		<div id=\"sidebar-nav\">\n			<h3 class=\"sidenav-header-title\">Thank You</h3>\n\n\n		</div>\n		\n\n\n\n		<div id=\"addressbox\">\n			<p><strong>WaterStone&reg;</strong><br />\n			2925 Professional Place, Suite 201<br />\n			Colorado Springs, CO 80904-8136\n			</p><p>\n			719.447.4620</p>\n		</div>\n		\n	</div><!--/sidebar-->\n\n	<div id=\"right-bar\">\n		<div id=\"header\"><h1><a href=\"/\"><span>WaterStone</span></a></h1></div>\n		\n		<div id=\"header-nav\">\n			<ul>\n				<li><a href=\"{homepage}\">HOME</a></li>\n				<li><a href=\"/contact\">CONTACT</a></li>\n				<li><a href=\"/login/\">LOGIN</a></li>\n			</ul>\n			<div id=\"tagline\"></div>\n			\n			<div class=\"clearit\"></div>\n		</div>\n		\n		<div id=\"navbar\">\n		     {embed=\"includes/nav\"}\n		</div>\n		\n		\n		<div id=\"content\">\n\n		<div id=\"breadcrumb\"><a href=\"/}\">home</a>  » <a href=\"/solutions\" title=\"solutions\">solutions</a></div>\n\n			<h1>Overcoming Private Foundation Hurdles</h1>\n			\n        <p>\n            Thank you for your interest in a WaterStone Donor Advised Fund. \n        </p>\n\n\n		\n		</div><!-- /content -->\n		\n	\n	</div><!--/right-bar -->\n\n		<div id=\"footer\">\n			{embed=\"includes/footer\"}\n		</div>\n\n</div><!--/wrapper-->\n\n</body>\n</html>','',1285362735,'n',0,'','n','n','o',4);

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INSERT INTO `exp_weblog_data` VALUES (1,1,'','xhtml','This is the Waterstone website.','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(2,2,'','xhtml','At WaterStone, we\'re constantly seeking new ways to help people think differently about their giving. Just as looking at a stone through water reveals its genuine luster, taking a fresh look at the principles of fellowship, stewardship and legacy gives us a new vision of truly living.','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(3,2,'','xhtml','Since WaterStone was incorporated in 1980 as the Christian Community Foundation, our passion and expertise have helped aid and support numerous ministries and charitable organizations. Through strong leadership and the hearts and actions of our donors, WaterStone has become a launching pad for Kingdom work nationally and internationally.\n\nWaterStone is not about giving as usual. In fact, many people come to us exactly for that reason. We\'ve earned a reputation over the past 25 years of being able to transform any kind of asset into living water—a water that renews, heals, satisfies thirst and yields eternal life. We help people think differently about their giving ... because that\'s exactly what drives us. It\'s not about off-the-shelf solutions. Rather, it\'s about casting aside traditional boundaries and letting the possibilities overflow. Let us tap into your passion and hear your heart using every drop of our expertise, creativity and God\'s guidance to allow you the <i>experience and joy of things you never imagined in your lifetime</i>.\n\nTake a look at the <a href=\"/solutions/\" title=\"solutions\">solutions</a> WaterStone offers that allow you to transform your assets into living water. \n\nh2. <b>Fellowship. Redefined.</b>\n\nWhen a common passion and purpose draw together like-minded people, fellowship goes much deeper than chatting over a cup of coffee. It\'s not just about groups of people getting together to enjoy each other\'s company. It\'s about a group of people mobilized around a common purpose, creating the vision for a collective solution that could not be conceived independently. WaterStone is a fellowship of vision, passion and innovation to all who come through its door. Inherent in fellowship are camaraderie, friendship and partnership.\n\nh2. <b>Stewardship. Redefined.</b>\n\nRethinking stewardship means moving beyond the common associations of tithing, generosity or money—even beyond the associations of time, talent and treasure. Stewardship is a way of life. It is flowing. It understands that God owns everything, and therefore, it should be used for His glory. This stewardship constantly watches for how God is working and then creatively transforms resources into tools to benefit His mission.\n\nh2. <b>Legacy. Redefined.</b>\n\nLegacy involves much more than how we leave this life. It is about learning from the past, living fully in the present and building toward the future. This kind of legacy reaches inward to impact our own families and communities, and outward to see the Kingdom of God expand throughout the world.\n\nh2. <b>Living. Defined.</b>\n\nWith creative solutions and a commitment to help people use their assets for good in their lifetime, WaterStone is a fellowship of vision, passion and Kingdom innovation. We invite you to join us as we transform life and giving through fellowship, stewardship and legacy.\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(4,2,'','xhtml','On December 8, 1980, the Christian Community Foundation, Inc. filed for incorporation with the state of Texas, explaining that the organization had been formed exclusively for charitable, religious and educational purposes. Among those purposes were to receive contributions and to make donations to, dispense charitable contributions through, and otherwise aid and support organizations who were qualified for exemption from federal income tax under the Internal Revenue Code—those who were organized and operated for Christian charitable, religious and educational purposes, primarily in, or for the benefit of, the Christian community. Within the next year, founder Douglas H. Kiesewetter, Sr., took the office as president of the Christian Community Foundation and one year later, nearly $100,000 was distributed for charity. In 1988, CCF became affiliated with National Foundation, Inc. Throughout the next two decades, CCF and NFI expanded their offering of solutions and gained approval from the ECFA and received a 4-star rating from Charity Navigator. In February 2007, because of a proliferation of Christian and national foundations saying the same thing with similar names—and with a desire to redefine the area of giving—CCF and NFI became WaterStone.        \n\nh2. Historical Timeline\n\n<b>December 1980:</b> Christian Community Foundation incorporated in Texas.\n\n<b>1980:</b> Statement of Faith is developed.\n\n<b>1981:</b> Founder, Douglas H. Kiesewetter, Sr., takes office as the president of the Christian Community Foundation.\n\n<b>1982:</b> Nearly $100,000 is distributed for charity.\n\n<b>1984:</b> Grant procedures established for non-tax exempt projects. First audited financials finalized.\n\n<b>1985:</b> Services to growing ministries (prior to their own qualification) is initiated.\n\n<b>1988:</b> Affiliation with National Foundation, Inc. is established in Virginia.\n\n<b>1997:</b> Charities Support Foundation, a supporting organization, is incorporated to provide trustee services.\n\n<b>1997:</b> Membership in the Evangelical Council for Financial Accountability (ECFA) is approved.\n\n<b>1999:</b> Christian Community Foundation moves to Colorado Springs.\n\n<b>1999:</b> Vision, mission and values are developed.\n\n<b>2004:</b> Christian Community Foundation receives 4-star Charity Navigator rating.\n\n<b>2007:</b> Christian Community Foundation and National Foundation become WaterStone. \n     ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(5,2,'','xhtml','h2. Vision Statement\n\nWaterStone exists to glorify Jesus Christ by inspiring and enabling personal commitment of time, talent and treasure to the expansion of the Kingdom of God. \n\nh2. Mission\n\nThe mission of WaterStone is to encourage and facilitate donors to achieve Christ-centered objectives by providing excellence in personalized charitable giving services and educational resources. \n\nh2. Core Values\n\nThe core values of WaterStone are Christ-centered: love, integrity and service.\n\nh2. Statement of Faith\n\n# We believe that the entire Bible is the inspired and inerrant Word of God, the only infallible rule of faith and practice. \n# We believe that there is one God, eternally existing in three persons: Father, Son and Holy Spirit. \n# We believe that Jesus Christ is the only begotten Son of God, conceived by the Holy Spirit, born of the Virgin Mary, and was true Man and is true God. \n# We believe that in this age, God manifests Himself through the Holy Spirit who is a distinct personality, eternally coexistent with the Father and the Son, whose basic task is to convict sinners, regenerate those who believe and empower believers to live godly lives and in every way glorify the Father and the Son through His indwelling presence. \n# We believe that man was created in the image of God, that he sinned and thereby incurred not only physical death but also spiritual death that was eternal separation from God and is upon all men. \n# We believe that the Lord Jesus Christ died for our sins according to the Scriptures, as a representative and substitutionary sacrifice, and that all who believe in Him are justified on the basis of His shed blood. \n# We believe that the Lord Jesus Christ was resurrected in body, ascended into heaven, presently lives there for us as High Priest and Advocate, and that His personal, physical return to earth is imminent.\n# We believe that there will be a bodily resurrection of both the just and the unjust, the just to the everlasting blessedness of the saved and the unjust to the everlasting conscious suffering of the lost.\nDecember 8, 1980\n \n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(6,2,'','xhtml','h2. WaterStone <i>(incorporated as Christian Community Foundation)</i>\n\n<b>Douglas H. Kiesewetter, Jr. </b>\nChairman of the Board\nMontrose, Colorado\nManaging Partner, SDG Resources, L.P.\n\n<b>Bob Brown</b>\nSchroon Lake, New York\nCEO, Word of Life Fellowship, Inc.\n\n<b>Dale Brown</b>\nMidland, Texas\nPresident, Petroleum Strategies \n\n<b>Barbara Cashion</b>\nDallas, Texas\nPersonal Investments\n\n<b>Robert Dalgleish</b>\nPenfield, New York\nPastor, Trinity Communion Church\n\n<b>F. Laurence Gosnell</b>\nPittsboro, North Carolina\nRetired Sales and Marketing Executive\nLieutenant Commander (Ret.), US Naval Reserve\n\n<b>Richard W. Houston</b>\nColorado Springs, Colorado\nVice President, WaterStone\n\n<b>Virgil Kapp</b>\nOcala, Florida\nManaging Member, Research and Solutions, LLC\n\n<b>Richard Lavinski, CPA</b>\nPalestine, Texas\nEntrepreneur  \n\n<b>Stephen R. Leach</b>\nColorado Springs, Colorado\nCEO, WaterStone\n\n<b>John C. Mulder</b>\nColorado Springs, Colorado\nPresident, WaterStone\n\n<b>Peter Noor, Jr. </b>\nGrand Rapids, Michigan\nSenior Vice President, Investments, Stifel, Nicolas & Co., Inc.\n\n<b>James Vander Mey, Ph.D.</b>\nOcala, Florida \nFounder and Chairman, Intellon Corporation\n\n<b>Kittie W. Watson, Ph.D.</b>\nTega Cay, South Carolina\nPrincipal, Innolect, Inc.\nFormer Associate Professor, Tulane University\n\n<b>Henry Williamson, Jr.</b>\nAdvance, North Carolina\nChairman of the Board, Williamson Corporation\n\nh2. WaterStone Support Foundation\n\n<b>Douglas H. Kiesewetter, Jr. </b>\nChairman of the Board\nMontrose, Colorado\nManaging Partner, SDG Resources, L.P.\n\n<b>F. Laurence Gosnell</b>\nPittsboro, North Carolina\nRetired Sales and Marketing Executive\nLieutenant Commander (Ret.), US Naval Reserve\n\n<b>Richard W. Houston</b>\nColorado Springs, Colorado\nVice President, WaterStone Support Foundation\n\n<b>Stephen R. Leach</b>\nColorado Springs, Colorado\nCEO, WaterStone Support Foundation\n\n<b>John C. Mulder</b>\nColorado Springs, Colorado\nPresident, WaterStone Support Foundation\n\n<b>Kittie W. Watson, Ph.D.</b>\nTega Cay, South Carolina\nPrincipal, Innolect, Inc.\nFormer Associate Professor, Tulane University\n\nh2. National Foundation, Inc.\n\n<b>F. Laurence Gosnell</b>\nChairman of the Board\nPittsboro, North Carolina\nRetired Sales and Marketing Executive\nLieutenant Commander (Ret.), US Naval Reserve\n\n<b>Bob Brown</b>\nSchroon Lake, New York\nCEO, Word of Life Fellowship, Inc.\n\n<b>Richard W. Houston</b>\nColorado Springs, Colorado\nVice President, National Foundation, Inc.\n\n<b>Virgil E. Kapp</b>\nOcala, Florida\nManaging Member, Florida Research and Solutions, LLC\n\n<b>Douglas H. Kiesewetter, Jr. </b>\nMontrose, Colorado\nManaging Partner, SDG Resources, L.P.\n\n<b>Stephen R. Leach</b>\nColorado Springs, Colorado\nCEO, National Foundation, Inc.\n\n<b>John C. Mulder</b>\nColorado Springs, Colorado\nPresident, National Foundation, Inc.\n\nh2. Corporate Officers\n\nStephen R. Leach\nChief Executive Officer of the Corporation               \nColorado Springs, Colorado\n\n<b>John C. Mulder</b>\nPresident of the Corporation                                          \nColorado Springs, Colorado \n\n<b>Richard W. Houston</b>\nVice President of the Corporation                            \nColorado Springs, Colorado  \n\n<b>Richard A. Lavinski, CPA </b>                                \nSecretary of the Corporation                                   \nPalestine, Texas    \n\n<b>Douglas H. Kiesewetter, Jr. </b>\nSecretary of National Foundation, Inc.                            \nMontrose, Colorado\n\n<b>Valerie Cornelius </b>                                               \nTreasurer of the Corporation                                     \nColorado Springs, Colorado\n\n<b>Susan K. Smith</b>\nAssistant Secretary of the Corporation                 \nColorado Springs, Colorado\n\n<b>Brewster Harrington</b>\nChief Financial Officer of the Corporation                 \nColorado Springs, Colorado\n\n\n\n\n\n                     \n\n\n\n\n\n                                         \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(275,2,'','xhtml','<h1>Irritated by public access to your benevolence<br /> through your private family foundation?</h1>\n\nYou can take steps now to begin reducing the number of unsolicited requests for funds you receive every year. A <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF)\">Donor Advised Fund (DAF)</a> at WaterStone is like a \"super\" private foundation but with added flexibility and confidentially. Depending upon your objectives, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach.\n\n<b>With a DAF you can close the public window to your giving lifestyle because grants made through your DAF will not be personally identifiable on public records. </b>However, you may choose to be recognized by your supported charities or choose your own level of anonymity.\n\n<b>At WaterStone, your personal information will be maintained with the highest level of confidentiality and respect for your privacy. </b>We will not sell, trade or share your name, address, or other personal financial information with any individual or organization outside of WaterStone without your express permission unless required to do so by law.\n\n<i>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</i>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(7,2,'','xhtml','<a href=\"http://www.ecfa.org\" title=\"www.ecfa.org\" target=\"_blank\"><img src=\"{filedir_1}ecfa_logo.gif\" style=\"border: 0;\" alt=\"image\" width=\"63\" height=\"63\" class=\"floatright\" /></a>As members in good standing of the Evangelical Council for Financial Accountability (ECFA), WaterStone, incorporated as Christian Community Foundation, Inc., has agreed to abide by the ECFA Standards of responsible stewardship, financial integrity and Christian ethics. We believe this membership in ECFA materially enhances our credibility, while providing a valuable resource for information on current legislative, administrative and promotional matters.\n \nYou can be confident knowing that WaterStone:\n* Has a clear and strong commitment to evangelical Christianity.\n* Maintains the highest standards of financial integrity.\n* Believes in full financial disclosure.\n* Has an independent board that oversees our activities and submits financial records for an annual audit.\n\nFor more information, view <a href=\"http://www.ecfa.org\" title=\"www.ecfa.org\" target=\"_blank\">www.ecfa.org</a>. \n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(8,2,'','xhtml','Non-traditional assets come in many forms, but real estate and business interests are the most commonly used assets for charitable purposes.\n<b>\nReal Estate:</b> raw or undeveloped land; farms and farm land; single-family residences; condominiums; apartment buildings; timeshare units; vacation homes; rental property; commercial property; conservation easements; property with a remainder interest; and property with a retained life estate. \n<b>\nBusiness Interests:</b> commercial business holdings; C-Corporations; S-Corporations; limited liability corporations (LLC); general partnerships (GP); limited partnerships (LP); limited liability partnerships (LLP); family limited partnerships (FLP); and sole proprietorships.  \n\n<b>Other:</b> retirement plan assets; closely-held or non-publicly traded securities; promissory notes; mortgages; insurance policies; tangible personal property; oil and gas interests; mineral rights; coal rights; precious metals; and intellectual property.  \n\nh3. Below are specific types of non-traditional assets, with examples. \nClick on the links to read more.  \n\n* \"Real Estate\":#to_realestate\n* \"Property with a Retained Life Estate\":#to_propertyretained\n* \"Property with a Remainder Interest\":#to_propertyremainder\n* \"Bargain Sale\":#to_bargainsale\n* \"Business Interests\":#to_businessinterests\n* \"Retirement Plan Assets\":#to_retirement\n* \"Closely-Held Securities/Non-Publicly Traded Securities\":#to_securities\n* \"Life Insurance\":#to_lifeinsurance\n* \"Wealth Replacement Trust/Irrevocable Life Insurance Trust\":#to_wealth\n* \"Tangible Personal Property/Gifts in Kind\":#to_tangible\n* \"Intellectual Property\":#to_intellectual\n \nh2(#to_realestate). Real Estate   \n\nReal estate provides some unique giving opportunities in the forms of an outright donation, funding for a trust, as a retained use for life, as a remainder interest or as part of a will or bequest. \n\nWhen contributing real estate outright to WaterStone, the donor will avoid capital gains taxes on the transfer as long as the gift is made before the sale of the property. The donor will also receive an immediate tax deduction for the full fair market value of the gift, up to 30% of Adjusted Gross Income (AGI) in the year the gift is made. Any excess can be carried forward for five more years. \n   \nAdditionally, real estate can be converted into a stream of income for the duration of the donor\'s life by establishing a Charitable Remainder Trust (CRT) with WaterStone. This option transforms a low-yield asset into a higher-yield, income- producing asset and provides a tax deduction for the charitable portion of the gift.  \n\nGifts of real estate require the proper documentation and compliance with WaterStone\'s gift acceptance policies. For WaterStone to accept a gift of real estate, it needs to be readily marketable at or close to the appraised value and free from any indebtedness in the form of liens. A qualified appraisal is required to establish the fair market value. An environmental review must be completed, along with a title search and the history of the property. When gifting real estate assets to WaterStone, the donor will be responsible for appraisal and closing costs to transfer the real estate while WaterStone handles the administrative details. \n\nh3. Example: \n\nDonor gives WaterStone a vacation home that is no longer used. The cost basis on the home, which was purchased 10 years ago, is $100,000. The current market value on the house is $300,000. Donor receives a $300,000 charitable deduction that amounts to a tax savings of $84,000, assuming a 28% tax bracket for the donor. The donor avoids a capital gain if otherwise sold of $200,000 from appreciation of the house. The capital gains tax savings is $30,000 ($200,000 x 15%). So the total tax savings is $114,000 ($84,000 + $30,000). The net cost of the gift is $186,000 ($300,000 - $114,000) compared with $216,000 ($300,000 - $84,000) for an equivalent gift of cash. Furthermore, the home will no longer be taxable in the donor\'s estate. \n\nThe donor\'s deduction for the year of the gift will be limited to 30% of AGI with a five year carry-over for any unused portion. Assuming AGI of $100,000, the donor is able to claim 30% or $30,000 in the year of the gift. If the donor had held the property for less than one year, the charitable deduction would be limited to the home\'s cost basis and there still would be no tax on any appreciation. In that case, the deduction would be limited to 50% of AGI with a five year carry-over.\n\nh2(#to_propertyretained). Property with a Retained Life Estate\n\nIn addition to gifting real estate outright to WaterStone, an individual may retain the use of the property for life or a term of years and make a planned gift to WaterStone. The property does not have to be a primary residence and may be any personal residence, including a farm, vacation home or condominium. By using a retained life estate arrangement, property can be deeded to WaterStone and provide valuable tax savings for the donor. WaterStone would not take possession until after the lifetime of the tenant or tenants. At the time of death, the property would either be sold or used by WaterStone for purposes specified by the donor or donors. \n\nIf a life estate is retained in the property, real estate taxes, indebtedness relating to the property, insurance costs and maintenance expenses will be the responsibility of the donor or the beneficiary of the life estate. \n\nh3. Example: \n\nDonor purchased a condominium years ago that has since appreciated in value. Donor gifts the condominium to WaterStone, allowing her estate to benefit from greater tax savings than if the dwelling had been passed on to her two children through a bequest. Donor then purchases life insurance policies for her two children. This expense would have been paid in taxes if not for the charitable deduction received for her gift. Her children will receive cash from the insurance policies instead of receiving the condo. A further benefit is that this transaction avoids any probate process.   \n\nh2(#to_propertyremainder). Property with a Remainder Interest\n\nWith a gift of a remainder interest in a property, the title is transferred to WaterStone and the donor receives current income tax deductions for the present value of the remainder interest. This deduction is made possible because the gift cannot be revoked. The amount of the deduction varies according to the property and age of the donors. At the same time, the gift allows the donor to avoid capital gains taxes on the appreciation of the property.\n\nh3. Example: \n\nDonor is a 70-year-old widow gifting a remainder interest in her home. She will continue to live in the home until her death. On the gift date, the market value of the house is $200,000. Required IRS tables for discounting the gift based on donor\'s life expectancy and future depreciation of the home establish her income tax charitable deduction at approximately $75,000.\n\nh2(#to_bargainsale). Bargain Sale\n\nLong-term appreciated real estate can be sold to WaterStone for less than its fair market value as determined by a qualified appraisal, thus creating a bargain sale. The donor receives a charitable deduction for the difference between the sale price and the higher present market value. This action by the donor is considered a partial gift and a partial sale. The bargain sale allows for the gift while providing cash to the donor who does not have to worry about the sale process.\n\nh3. Example: \n\nDonor\'s residence is appraised at $250,000, but donor sells it to WaterStone for only $150,000, producing a charitable contribution of $100,000. While the donor will have to pay a capital gain tax, the tax burden will be less than if the house had sold at the appraised value. The donor is considered to have sold 60% ($150,000/$250,000) of the property, so 60% or $90,000 of the $150,000 basis constitutes the sale portion. The gain is $60,000 ($150,000 received - $90,000 sale portion basis). However, $40,000 of the appreciation from the gift is not taxed and the donor receives a $100,000 charitable deduction.\n\nh2(#to_businessinterests). Business Interests\n\nThere are various forms under which an individual or group can establish a business. The most popular form is a corporation, either a C-Corporation or an S-Corporation. A C-Corporation must incorporate with the proper state agency. It is an entity owned by one or more shareholders who are investors in the corporation and are issued stock certificates for their ownership interest. The stock is a separate asset that may be transferred to WaterStone. A C-Corporation is a separate legal and taxable entity from its shareholders and may be either publicly traded or privately held. \n\nS-Corporations must also incorporate with the proper state agency and have one or more shareholders that are equity owners. Stock certificates are issued and the stock is a separate asset that may be transferred. However, the S-Corporation is not a separate legal and taxable entity from its shareholders and is not publicly traded. The taxable income and gain passes through to its shareholders. \n\nA limited liability company (LLC) also incorporates with the proper state agency and may have one or more members who are the equity owners. The LLC is operated either by a majority vote of the members or by an appointed managing member. Members are not given special evidence of ownership but the interest is a separate asset and can be transferred to WaterStone. The members are not legally liable for the activities of the LLC. An LLC can be taxed as a partnership or as a corporation.  \n    \nA partnership is a business entity with two or more individuals acting together for a joint purpose, with shared profits and expenses. There are three types of partnerships: general partnership (GP); limited partnership (LP); and limited liability partnership (LLP). A GP can be formed without filing any documents with a state agency and does not need any formal written agreement. All general partners are legally liable for the activities of the GP. A LP files a certificate with a state agency and has both general and limited partners. The general partner manages the activities and is legally liable for the actions of LP while the limited partner has no legal liability and only has limited involvement in the operations. \n\nIn a LLP, the partners are not liable for the activities and a manager oversees the operations. A partnership owned by family members is a family limited partnership (FLP). A partnership is not a tax paying entity and the partners in the aggregate share the taxable income and gain which is passed through the partnership to them. \n\nSimplicity and liability characterize sole proprietorships. This type of business entity does not have a separate entity for state law purposes and all tax items are reflected on Schedule C of the owner\'s personal income tax return. The owner is legally liable for all actions and debt of the sole proprietorship and only the assets can be transferred. \n\nWhen considering gifts of limited liability company interests, key issues for WaterStone to evaluate include corporate income sources, debt and financing structure, asset structure and unrelated business taxable income. When considering gifts of partnership interests, unrelated business taxable income and sources of payment for potential tax liabilities must be identified. WaterStone will need specific corporate or business organizational information, including bylaws, shareholder agreements, articles of incorporation, partnership agreements and other contractual agreements. Financial information such as annual and interim financial statements, cash flow statements, tax returns, tax basis and appraisals are also needed.     \n\nh3. Example: \n\nDonor is an 87-year-old retired business owner of a limited partnership valued at $1,000,000. The donor gifts 98% of the limited partnership interests to WaterStone. The partnership is to run for 30 years. Assuming a 10% yearly growth rate, 1% is paid annually to WaterStone and a 2% management fee is paid to the general partner. That means net annual growth is 7%. The partnership assets will be worth $8,000,000 in 20 years when the partnership is terminated. The 1% annual distribution to WaterStone would be $10,000 in the first year, but would average about $30,000 a year over the 30 years. WaterStone would receive 98% of $8,000,000 plus approximately $900,000 in cumulative annual distributions. WaterStone owes no taxes on the income. \n\nh2(#to_retirement). Retirement Plan Assets\n\nRetirement plan assets are most commonly in the form of 401(k) or 403(b) plans and IRA (Individual Retirement Account) plans or, to a lesser extent, profit-sharing plans, annuity plans, stock bonus plans and employee stock ownership plans (ESOP) such as incentive stock options (ISO) and nonqualified stock options (NSO). \n\nESOPs grant employees the right to purchase a set amount of shares at a fixed price some time in the future. ISOs qualify for preferential tax treatment under the Internal Revenue Code and  generally allow an employee to defer taxes until the date the shares bought with the options are sold, and to pay tax at the applicable capital gains rate instead of the higher ordinary income tax rate. Taxes can be avoided altogether if the options are included in a Charitable Remainder Trust at WaterStone. NSOs do not qualify for the IRS\' preferential tax treatment. When the employee \"exercises\" the options by buying the stock, he or she must pay ordinary income tax on the \"spread\" between the value of the stock and the price he or she paid for it. Because the employee must also pay income tax when the stock resulting from the option is sold, NSOs bear a substantial tax burden. This tax burden can be avoided if NSOs are used for charitable purposes. \n\nThe undistributed balance in a qualified retirement plan is included in an individual\'s gross estate and subject to estate tax. When these funds are passed on to heirs, the heirs are exposed to income taxes. In this manner, retirement funds are subject to a double taxation. Because retirement assets grow over many years with very little tax consequences, estate taxes and income taxes to descendants can be substantial, up to a combined marginal rate of 65% on large, taxable estates. However, through a carefully planned charitable gift, the tax burden can be avoided or reduced, and the charity can receive the benefit of the gift.\n\nEstate assets that were not included in a decedent\'s taxable income generate income in respect of a decedent (IRD). These assets were not taxed as income because the recipient did not live long enough to receive them. Retirement plan assets constitute the major source of IRD. By donating the assets, they avoid both IRD and estate taxes.    \n\nAs part of an estate plan established with a financial advisor, testamentary gifts of retirement assets can create a lasting legacy for a donor. Donors can accomplish their charitable goals, support their charitable causes, and greatly reduce the tax burden of their estate. As part of the Pension Protection Act of 2006, it is now possible to make tax-free charitable gifts from an IRA and avoid income and estate taxes in the current year of the gift and for as many as five future years. \n\nRetirement assets can be donated to WaterStone in several ways. A Donor Advised Fund (DAF) can receive plan assets and is a flexible tool for designated family members to suggest the charitable purposes for the DAF. Assets may also be received into discretionary Field of Interest Funds managed by WaterStone. These funds, which support specific causes, provide flexibility in meeting donors\' charitable desires in a changing environment. Another option is to transfer retirement assets into a Charitable Remainder Trust (CRT). A designated CRT beneficiary will receive an income for life and the remaining principal will be directed toward the beneficiary\'s DAF at WaterStone. \n \nh3. Example: \n\nDonor wants to avoid his retirement assets being taxed as part of his taxable estate and as income to his son, the beneficiary. Donor establishes a charitable bequest with his $500,000 IRA. If the money is left to his son, the entire amount would be ordinary, taxable income to the son. To avoid taxes for his son and to avoid substantial estate taxes for himself, the donor leaves the IRA to WaterStone. Because the estate tax charitable deduction has no limits, the IRA in WaterStone\'s hands will incur no estate tax. Since WaterStone is the beneficiary, WaterStone will owe no income tax either. The son will receive other assets from his father\'s estate which are free of income taxes instead of the IRA proceeds that are subject to income tax. \n\nh2(#to_securities). Closely-Held Securities/Non-Publicly Traded Securities\n\nFor business owners of privately-held corporations, retained earnings in the form of closely-held securities can be gifted to WaterStone. If these earnings are distributed to individuals, they will be subject to personal income tax after they have already been taxed at the corporate level. However, shares can be donated to WaterStone and redeemed from WaterStone using retained earnings for the purchase as long as there is no pre-arranged agreement for the corporation to buy the stock.  \n\nGifts of closely-held or non-publicly traded securities are deductible at the appraised value. Valuation or appraisal value poses a challenge due to infrequent trading which makes it difficult to establish fair market value. A known means of liquidation, redemption, sale, or conversion to liquid assets is essential when considering these types of securities as a gift. Items such as shareholder agreements to buy or sell, transfer restrictions on stock certificates and a qualified independent appraisal must be furnished to WaterStone for consideration of the gift. \n\nh3. Example: \n\nDonor is the founder of a privately held company in which he owns all the stock. Cost basis is zero because original investment has been written off. Current valuation is $1 million with $300,000 of retained earnings. After obtaining a qualified appraisal of the stock, donor gifts $300,000 of stock to WaterStone and receives an income tax deduction for that amount. The donor avoids capital gains taxes and state taxes while avoiding scrutiny by the IRS on his accumulated retained earnings which may have produced a penalty tax. The gift has not affected the donor\'s control of his corporation. If there were other family members with ownership in the company, a gift followed by a redemption of stock which is retained as treasury stock could be used to increase family members\' interests. \n\nh2(#to_lifeinsurance). Life Insurance\n\nAs the need for life insurance declines with age, life insurance policies that have built up cash value and are no longer needed for their original purpose represent another opportunity for charitable giving. The cash value of a policy becomes a hidden asset to be used for a current charitable gift. The owner of a life insurance policy with cash surrender value may gift the value of the policy and create significant estate tax savings while providing immediate income tax savings. \n\nA donor may name WaterStone as the primary beneficiary of a policy in a revocable arrangement which is not deductible for income tax purposes. Or, the donor may irrevocably assign a life policy to WaterStone which may become the owner and beneficiary. Then, any premium payments made by the donor to continue the policy are tax deductible. In this manner, the gift may be substantial while the donor\'s outlay remains modest and the future benefits can exceed the current surrender value. The donor will receive an income tax charitable deduction, a tax savings from the deduction and reduced future estate taxes. Gifts of life insurance are considered ordinary income, deductible up to 50% of AGI with a deduction carry over for an additional five years. \n \nIf the donor chooses not to continue the payments, WaterStone may pay the premiums and receive the full face value of the policy at the donor\'s death or surrender the policy for its present cash value. WaterStone may also convert the policy to paid-up insurance in a reduced amount with no further payments. A donor may also purchase a new life insurance policy to gift by naming WaterStone as owner and beneficiary. Gifts to WaterStone to cover initial and future premiums are tax deductible.  \n\nTerm insurance has no cash value, so gifting a policy would have no tax advantage. When term insurance is provided by an employer, the cost for any coverage in excess of $50,000 is included in the insured\'s taxable income. However, if WaterStone is the beneficiary, this cost is no longer included in taxable income. \n\nh3. Example: \n\nDonor couple own a second-to-die whole life policy with a $500,000 value. Annual premiums of $10,000 have been paid for 20 years, producing a basis in the policy of $200,000 ($10,000 x 20). When donors decide to contribute the policy to WaterStone, they avoid any income tax liability. They are entitled to a charitable deduction of $200,000, since it is less than the policy value of $500,000. The deduction will be subject to the AGI 50% limitation instead of the 30% limitation because there is no capital gain involved in the charitable deduction.  \n\nh2(#to_wealth). Wealth Replacement Trust/Irrevocable Life Insurance Trust\n\nLife insurance in philanthropic plans may also be used to replace the value of a large gift to WaterStone for multiple heirs of an estate. Instead of naming WaterStone as the beneficiary and owner of a policy, a wealth replacement trust or irrevocable life insurance trust may be a better alternative, especially in cases where estate liquidity is an issue. A charitable gift can often reduce the value of inheritances for wealthy family members. In many cases, income tax savings from the use of a charitable deduction can be large enough to acquire life insurance with death benefits equal to the value of the gift. When the wealth replacement trust terminates, its assets can be passed on to WaterStone with no tax consequence. The life insurance death benefits then pass to heirs untaxed. Federal gift tax on contributions to the wealth replacement trust to cover the premiums can be avoided as well.\n\nh3. Example: \n\nDonor couple wishes to make a substantial gift to WaterStone but defer it until after their death. They transfer appreciated stock to a charitable remainder trust (CRT) that will pay them a stated income annually for the rest of their lives. Upon their deaths, the assets remaining in the trust will pass to WaterStone. The stock is worth $750,000 and yields a 3% dividend. Their basis in the stock is only $150,000. To avoid the impact of selling the stock and incurring federal tax on their capital gain of $90,000 ($600,000 x 15%) and state tax, the couple chooses to make a gift of the stock directly to WaterStone via the CRT. WaterStone will sell the stock without incurring any capital gain and the $750,000 proceeds will earn income for the donors. The donors will receive an income tax deduction equal to the current value of WaterStone\'s future interest in the CRT. The donors have also removed the stock from their estate thus removing federal estate tax on the asset. \n\nIn addition to setting up the CRT, the couple will set up a wealth replacement trust for their three grown children. This trust is funded with $750,000 in insurance purchased by the trustee on the donors\' lives with the children named as the beneficiaries of the policy. Annual premiums will be paid by the donors through transfers to the trust. Amounts from income tax deductions and avoidance of capital gains tax will reduce the impact of the premium payments. \n\nPremium payments to the trust are considered gifts and subject to federal gift tax. However, a $72,000 gift tax exemption is available based on each donor making a gift to each child (3 children x 2 donors x $12,000 gift tax exclusion for 2006). At the donors\' death, the proceeds from the insurance policy will not be subject to tax in their estates. The proceeds will not be subject to expenses of probate.    \n\nh2(#to_tangible). Tangible Personal Property/Gifts in Kind\n\nTangible personal property represents any property, other than land or buildings, which can be seen, handled, touched or moved by an individual as opposed to an intangible asset such as ownership in a corporation. Gifts of tangible personal property, also known as gifts in kind, come in many varieties, including jewelry, gems, antiques, furniture, works of art, coin and stamp collections, motor vehicles, aircrafts, watercrafts, livestock, crops, timber, manuscripts, books, and business inventory and equipment such as computer hardware and software. WaterStone may accept such gifts if they are free and clear of encumbrances and after a thorough review of the marketability of the personal property and the intended purpose for the gift. Proof of ownership, the cost basis in the gift, date of acquisition, a qualified appraisal and a description of the donated asset, including an explanation of the method used to determine the fair market value, are required documents. \n\nTangible personal property presents specific and special issues for income tax charitable deduction purposes. The amount of charitable deduction and percentage limitation depends on the relation between the tangible personal property and the purposes of WaterStone as the tax-exempt entity receiving the property. The gift must not be placed to an unrelated use by WaterStone. Tax deductibility for tangible personal property varies according to IRS established related use rules. For gifts estimated at $5,000 or more to qualify for a charitable tax deduction, IRS regulations require the submission of a written appraisal by a qualified independent appraiser.\n\nh3. Example: \n\nAn art collector contributes a collection of paintings to WaterStone with a fair market value of $125,000. The cost basis is $50,000 and the collector\'s AGI is $150,000. If the donation is to a museum and there is a qualified appraisal prepared by a qualified appraiser, the collector gets a $125,000 deduction, of which $45,000 ($150,000 x 30%) is allowed in the current year and $80,000 carried over to future years. If the donation goes to WaterStone, the gift is not related to the charitable purposes or functions of WaterStone. The collector\'s deduction will be his cost basis of $50,000 and is fully deductible this year, with no carryover ($150,000 x 50% = $75,000 is the limit for the deduction). \n   \nh2(#to_intellectual). Intellectual Property\n\nIntellectual property is defined as a product of the intellect that has commercial value. It represents ownership of ideas and control over the tangible or virtual representation of those ideas. Intellectual property comprises two main branches: industrial, such as trademarks, patents, royalties, industrial designs, contract rights and inventions; and copyright, such as literary, musical, artistic, photographic and audiovisual works.  \n\nDonors of intellectual property can be either corporations or individuals. In accepting these types of gifts, WaterStone will need an appraisal of the property and a signed agreement by the donor to assign all of the rights associated with the gift. Additionally, WaterStone will look at the transferability of ownership, whether full or fractional interest in the property is being gifted and whether the gift furthers the mission of WaterStone. WaterStone will provide written confirmation to the donor regarding any income from the donated property.\n\nValuable tax benefits are available for contributions of intellectual property so long as they are valid charitable donations. Individuals can receive thousands of dollars in tax deductions and corporations\' deductions can reach millions of dollars. Legislation passed in 2004 enables a donor to deduct the lesser of his basis in the contribution or the true fair market value of the property. \n\nAdditional amounts may be deducted in subsequent years based on a percentage of the income received by the charitable organization from the contributed property. The deduction starts at 100% for the first year and declines over the years to 10% in tax year 12 with the percentage of income deductible varying with each passing year. The deduction is further limited to income received during the legal life of a patent or intellectual property, or the tenth anniversary of the donation, whichever is earlier. \n\nTransfers of property are not deductible for the transfer of a partial interest in property, if the transfer is inadequately substantiated, if the property is overvalued, or if a benefit is received for the transfer. Tax deductions are subject to percentage of income limitations and other limitations which are clearly spelled out and closely scrutinized by the IRS. \n\nh3. Example: \n\nDonor is the author of a best-selling book on philanthropy and owns the copyright. Donor decides to contribute his entire copyright to WaterStone. He will be able to deduct the full share of the copyright since that represents his entire interest in the property. Had he donated only 50% of his copyright, his gift would not be deductible since he would be contributing less than his entire interest in the property. \n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(9,2,'','xhtml','As the non-profit sector continues to grow at an unprecedented pace, knowledgeable donors are demanding more accountability, transparency and quantifiable results.\n\nJune 1, 2010\n\n<a href=\"http://www.charitynavigator.org\" title=\"www.charitynavigator.org\" target=\"_blank\"><img src=\"{filedir_1}4Star_234x60.jpg\" style=\"border: 0;\" alt=\"image\" width=\"168\" height=\"48\" class=\"floatright\" /></a>We are proud to announce that for the sixth consecutive year, WaterStone, incorporated as Christian Community Foundation, Inc., has once again earned the Charity Navigator Four-Star rating for sound fiscal management; Charity Navigator\'s highest rating. Less than 3% of charities have received this honor for six consecutive years.  The Four-Star rating means that WaterStone exceeds industry standards and outperforms most charities.\n\nFor more information regarding our 4-star rating, click <a href=\"http://www.charitynavigator.org/index.cfm?bay=search.summary&orgid=3500\" title=\"here\">here</a>.\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(10,2,'','xhtml','The most recent Annual Audit was conducted by Eide Bailly LLP in accordance with Generally Accepted Auditing Standards. Christian Community Foundation, Inc. dba WaterStone and Affiliates operates with multiple corporate structures, thus a combined audit was performed. The audit provides an unqualified opinion of reasonable assurance of the fair presentation of our consolidated  financial statements. A copy of the audit is available upon request.\n\nh2. Financial Summary (PDF) - 255 KB\n<a href=\"{filedir_1}2011_0331_Audit.pdf\">Download PDF</a>\n\nThis pdf document requires the free Adobe Acrobat Reader.\n<a href=\"http://www.adobe.com/products/acrobat/readstep.html\" target=\"_blank\"><img src=\"{filedir_1}get_adobe_reader.gif\" style=\"border: 0;\" alt=\"image\" width=\"112\" height=\"33\" /></a>\n\n<img src=\"{filedir_1}Total-Assets-2010.jpg\" width=\"500\" height=\"352\" /> \n<img src=\"{filedir_1}Total-Liabilities-2010.jpg\" width=\"500\" height=\"255\" /> \n<img src=\"{filedir_1}Total-Revenue-2010.jpg\" width=\"500\" height=\"234\" />\n<img src=\"{filedir_1}Total-Expenses-2010.jpg\" width=\"500\" height=\"252\" />','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(11,2,'','xhtml','We are pleased to provide the most current Federal Form 990s (Return of Organizations Exempt From Income Tax Form) for Christian Community Foundation, dba WaterStone, and for WaterStone Support Foundation. To request the 990s for other affiliates, please contact our office.\n\nIn 2009 WaterStone changed its fiscal year-end to March 31; therefore a 12-month 990 for 2009 and a short 3-month 990 for March 2010 were filed.  The most current Form 990 is for a twelve-month fiscal year.\n\nh2. Christian Community Foundation, dba WaterStone, 2010  \n\nh4. <i>Includes Schedules - Grants and Allocations.</i>\n\nh4. 11.4 MB (PDF)\n\n<a href=\"{filedir_1}990_CCF_2010_Public_Copy.pdf\">Download PDF</a>\n\nh2. WaterStone Support Foundation 2010\n\nh4. <i>Includes All Schedules and Statements.</i>  \n\nh4. 1.6 MB (PDF)\n\n<a href=\"{filedir_1}990_WSF_2010_Public_Copy.pdf\">Download PDF</a>\n\n\nThese pdf documents require the free Adobe Acrobat Reader.\n<a href=\"http://www.adobe.com/products/acrobat/readstep.html\" target=\"_blank\"><img src=\"{filedir_1}get_adobe_reader.gif\" style=\"border: 0;\" alt=\"image\" width=\"112\" height=\"33\" /></a>\n\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(12,2,'','xhtml','Through wise counsel and creative solutions, WaterStone helps individuals, families and organizations see their assets transformed for a higher impact. By listening to what you care about and then identifying ways God is already moving, we can help you bring your Kingdom visions to life.\n\nh2. A Way of Life\n\n<b>A Generational Undertaking</b>\nFor one particular family, giving isn\'t an act of simply writing a check. It\'s become a way of life. \n\nThe family\'s personal assets, including commercial property, family partnerships, land and building holdings and lead trust distributions, have all been transformed into Kingdom resources of living water.\n\nThese resources, which have totaled several million dollars annually, have been distributed through their family fund on a monthly basis. Recipients have included local and global charities, new and established ministries and churches from coast to coast.\n\nThe family\'s giving has reflected a desire to invest in their local and international community for generations to come. As their own adult children take hold of their vision for giving, it has truly become a generational undertaking—many smaller streams converging for carefully defined Kingdom purposes.\n\nh2. A Significant Impact\n\n<b>Usuable Tools for God\'s Work</b>\nWhat began in 1986 as a couple\'s vision to provide Christian education for Zimbabwean students has since resulted in thousands of Zimbabwean families and communities significantly impacted for Christ. \n\nBy contributing through a special fund, donors\' personal wealth has been transformed into usable tools for God\'s work in Zimbabwe and several neighboring countries.\n\nSchools and churches have been built, and more than 2,000 students at the primary and secondary level—and more than 1,000 in the Bible College—have received quality Christian education. More than 100 individuals have been trained as teachers. Individuals who have caught the vision for their country have been nurtured through pastors\' conferences and leadership and vocational training.\n\n\"We are constantly grateful to the wonderful friends overseas who have supported our ministry so significantly over the years. Without their sacrificial giving, much of our work could not have grown and developed the way it has.\"\n\np>. — Zimbabwean visionary\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(13,2,'','xhtml','h2. Case History Stories\n\n<b>Case History: Transforming Burdens Into Freedom </b>\n<i>How to transform a piece of lackluster rental property and boost his clients\' financial security?</i>  \n\nThat was the situation one financial advisor recently brought to WaterStone in behalf of his clients just in their mid-fifties.\n\nTheir older duplex in a mature neighborhood had been in the family for several generations, in need of repair, and more burden than blessing.  \n\nThe WaterStone team working with the client\'s own team, the introducing financial advisor and a personal attorney helped these North Carolinians discover the solution that best met their objectives: to eliminate the burden of a deteriorating building, trim capital gains consequences, increase lifetime income and benefit from an immediate charitable gift tax deduction.  \n\nBefore year-end, the duplex had been donated into a charitable trust, sold to neighbors, the net proceeds invested with the couple\'s own trusted financial advisor and they began receiving nearly double the original rent income.\n\nAbove all, they selected and recommended a handful of favorite local non-profits committed to helping children and youth to receive the charitable portion of their trust when it matures at the end of their lives.  Through their newly established family Donor Advised Fund (DAF) at WaterStone, distributions will be made to the Shriners Hospital, an orphanage and two respected local colleges for scholarships in their particular fields of interest.\n\nBy appointing their children as DAF successors, the entire family will experience the generational impact of a simple duplex tucked away in a quiet North Carolina neighborhood.\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(14,2,'','xhtml','<b>A Unique Partnership</b>\nBob Adams, registered investment advisor, has spent 26 years in the field. Although he adds to his client list regularly, most relationships have been established over time. He knows his clientele not only as clients but as friends. Because of his expertise in investing, he has made a number of his clients wealthy. After these twenty some years, many are now facing multiple tax and estate issues. \n\nBob recommends to his clients the charitable options provided through WaterStone knowing that charitable gifts made now, and later by bequest, can reduce the tax consequences while benefiting favorite charities through a Donor Advised Fund. Bob knows that he need not give up a portion of his regular compensation flow, because WaterStone will consider investment advice from his client and from him. \n\nHe knows, too, that there are real financial and time savings advantages to utilizing a Donor Advised Fund rather than a private foundation or a supporting organization.\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(15,2,'','xhtml','<i>Cast aside</i> traditional boundaries and discover how refreshing living water can be.\n\n<i>Transform your assets</i> for eternal impact with the wise counsel from WaterStone.\n\n<i>Explore</i> the creative solution that best satisfies your estate, income, tax and charitable objectives.\n\n<i>Experience</i> the joy of God working out his purposes through your treasures and passion. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(16,2,'','xhtml','h2. Description of Services\n\nFor the individual families and corporations with the heartfelt desire to significantly influence your community during your lifetime, a Donor Advised Fund (DAF) is an outstanding way to achieve your passion. WaterStone will help you transform your assets into living water. Not only will your contributions facilitate your current tax planning, but you will experience—in a greater way—God\'s joy in giving. With additional testamentary funding by will, charitable trust, gift annuity, retirement plan or insurance policy, you and your family can leave your own personal stamp on history. \n\nA Donor Advised Fund is just what the name implies. Your initial advice to the fund is given to WaterStone via the application, which advises to whom, how much and when to give from the fund. You may add or delete charities by letter, saving you the time and expense of changing wills, trusts or other legal documents.\n\nh2. The characteristics of a DAF are as follows.\n\n* A clear, specific purpose approved by the Board of Directors. \n* Minimum initial deposit of $1000 (except for deferred funds). \n* Grants may be recommended for 501&#40;c&#41;(3) organizations, scholarship programs, and Field of Interest Funds.\n* Grants may be recommended by application for non-qualified charitable, religious, educational, scientific, and health related activities. \n* Minimum grant amount of $100.  Grant requests made online are at no charge.  All other grant requests to qualified organizations will be assessed a $10 fee per grant.\n* The Fund will be responsible for any legal or other direct expenses incurred on behalf of the fund. \n* Investment of Fund assets is dependent on value.\n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $25,000 or greater may select an approved investment pool. </i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $50,000 or greater may recommend an investment advisor.</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $200,000 or greater may recommend unique investment policy statements to be approved by the Investment Committee.</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Cash balances will receive an indexed money market return.</i>\n* A deferred fund may be established to receive estate distributions upon donor\'s death. \n<i style=\"margin-left: 10px; font-size: 12px;\">* No minimum deposit </i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* No current fees </i>\n</ul><h2><a href=\"/solutions/donor_advised_funds/activate_your_donor_advised_fund\">Activate Your Donor Advised Fund</a></h2>\n\nh2. Pricing Schedule\n\nh3. Annual Administration:\n| $0 to 1,000,000 | 1.25% |\n| $1,000,001 to $5,000,000 | 1.10% |\n| Over $5,000,000 | 0.75% |\n| Minimum |  $295 |\n\n<i style=\"font-size: 12px;\">Administrative fee is assessed quarterly on daily asset balances.</i>\n\nh3. Special Services:\n| Special Handling | Cost plus $25 |\n| Credit Card Donations | 3% |\n| Charitable grant to non-qualified organizations | $100 |\n| Transfers to Field of Interest Funds | Greater of $100 or 2% |\n| Non-online grants | $10 |\n| Mailed or faxed Fund Statements | $10 |\n\n\nh3. Non-traditional Asset Contributions:\n*Gift Acceptance Fee-1st Year\'s Annual Administration Fee (Minimum $2,000) \n<i style=\"margin-left: 10px; font-size: 12px;\">* One-time fee based on the appraised value.</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Collected at the earlier of liquidation or anniversary date of gift.</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Fee is in addition to the standard annual administration fee.</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* Periodic due diligence fee may be assessed depending upon the complexity of the asset.</i>\n\n\nh3. Non-traditional Investments:\n*Origination Due Diligence Fee-1.00-3.00%\n<i style=\"margin-left: 10px; font-size: 12px;\">* Periodic due diligence fee may be assessed depending upon the complexity of the asset.</i>\n\n\n\np=. <a href=\"/solutions/donor_advised_funds/faq\" title=\"FAQ\">FAQ</a> | <a href=\"http://www.waterstone.org/images/uploads/main-images/DAF_Application.pdf\" title=\"Application (pdf)\">Application (pdf)</a> | <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a>\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(231,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}DAF_Grant_Recommendation_Form_.pdf','none','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(17,2,'','xhtml','<h2>Description of Services</h2>\n\n<p>Field of Interest Fund (FOI) option is for those with an interest in supporting a particular area or field of ministry or charity. While the donor names the specific Field of Interest, the WaterStone professional staff applies its expertise to identify ministry and charities performing most effectively within the particular field.</p>\n \n<h2>Characteristics of Field of Interest Funds:</h2>\n\n<ul>\n<li>Identify a personal area of interest when making your donation.</li>\n<li>Meets changing needs and environments.</li>\n<li>Approved donations include personal gifts, IRA charitable distributions and Donor Advised Fund transfers.</li>\n<li>The WaterStone Selection Committee selects and awards grants to ministries, charities and individuals or for purposes impacting specific fields.</li>\n<li>Restricted use under the control of the WaterStone Board of Directors.</li>\n<li>Results of each grant are carefully monitored by WaterStone.</li>\n</ul>\n\n\n<h2>Fee Schedule</h2>\n\n	<table> \n		<tr> \n			<td> Incoming and DAF Transfer </td> \n			<td> greater of $100 or 2% </td> \n		</tr> \n	</table> \n\n<p><b>Choose your favorite Field of Interest Fund</b></p>\n\n<ul>\n\n<li><b>Benevolent Fund</b>\n\n<p>Provides financial and material assistance to individuals and families in need.\n\n\n<li><b>Mission Fund</b>\n\n<p>Supports individuals sharing the Good News of Jesus Christ and/or providing humanitarian care both domestic and foreign.</p></li>\n\n<li><b>Discipleship, Leadership & Stewardship Fund</b>\n\n<p>Supports biblical discipleship, leadership and programs that increase the heart for giving and biblical stewardship.</p></li>\n\n<li><b>Family Development Fund</b>\n\n<p>Encourages and protects strong families.</p></li>\n\n<li><b>Education & Scholarship Fund</b>\n\n<p>Supports educational institutions and students.</p></li>\n\n<li><b>Health, Relief & Development Fund</b>\n\n<p>Reaches into communities bringing hope through emergency relief, health care and resource development.</p></li>\n\n<li><b>Christian Facilities Fund</b>\n\n<p>Provides resources to evangelical churches and organizations for the acquisition or use of real property.</p></li>\n</ul>\n\n<p><a href=\"/contact/\" title=\"Contact Us\">Contact Us</a></p>\n','none','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(69,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','A few months ago, in fellowship with one of our donors, we shipped three school buses to Zimbabwe. Sounds easy enough, but the rest of the story includes handling the purchase, shipping, exporting, arranging for left-side-drive to right-side-drive conversion, and cross country African delivery.              \n \nWe may never send school buses to Africa again. But in this case, wealth was transferred from investments to cash, cash to school buses, buses to export, and finally to usable tools for God\'s work in Zimbabwe. \n','textile','','none','<img src=\"{filedir_1}SchoolBuses.jpg\" style=\"border: 0;\" alt=\"image\" width=\"400\" height=\"300\" />','none','left','none','','none','','none','','none','','xhtml','','none','','xhtml'),(18,2,'<a href=\"{filedir_1}APP_CGA_WATERSTONE.pdf\">APP_CGA_WATERSTONE.pdf</a>','xhtml','<h2>Description of Services</h2>\n\n<p>The Charitable Gift Annuity enables you to make a gift of cash or securities to WaterStone and receive fixed payments for life. At your death, the remainder will be available for the mission of your recommended charities.</p>\n\n<p><b>A Charitable Gift Annuity Program from WaterStone offers the following advantages.</b></p>\n<ul>\n<li><i>A high rate of return.</i> Your annuity payments may be considerably more than you are presently receiving.</li>\n<li><i>Immediate tax deduction.</i> The donor receives an immediate partial tax deduction. </li>\n<li><i>Provision for yourself</i> and one other...your spouse, a special needs child, a parent.</li>\n<li><i>Lifetime payments.</i> The annuitant(s) receive payments for life backed by the full faith and credit of WaterStone.</li>\n<li><i>Flexibility.</i> You choose immediate or deferred payments and frequency of payments—quarterly, semi-annually or annually.</li>\n<li><i>Partial tax-free payments.</i> Part of the payments may be a tax-free return of principal.</li>\n<li><i>The ability to support your favorite charities.</i> We create a current gift as well as a deferred gift for the recommended charity. For ultimate flexibility, the donor may recommend his favorite ministries or charities, his own Donor Advised Fund or a selected Charity Advised Fund to receive the charitable portion of his gift.</li>\n</ul>\n\n<h2>Pricing Schedule</h2>\n\n	<p>Minimum Value: $25,000<br /> \nMinimum Age: 55 </p> \n \n	<table> \n		<tr> \n			<td> &#8211; </td> \n			<td> Issuing Fee </td> \n			<td> Annual Administration </td> \n			<td> Initial Gift to First Listed Charity </td> \n			<td> Final Charitable Distribution to Charity </td> \n		</tr> \n		<tr> \n			<td> Standard </td> \n			<td> 3% </td> \n			<td> .75% </td> \n			<td> 3% </td> \n			<td> 100% </td> \n		</tr> \n		<tr> \n			<td> Reinsured </td> \n			<td> 5% </td> \n			<td> None </td> \n			<td> &#8211; </td> \n			<td> Immediate </td> \n		</tr> \n	</table> \n\n<ul>\n<li>Fees do not impact the annuity payments.</li>\n<li>All fees are charged against the charitable portion of the Charitable Gift Annuity.</li>\n</ul>\n \n<p>Reinsurance is at the sole discretion of WaterStone</p> \n \n	<p>Click <a href=\"http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318\" title=\"here\">here</a> to access the GiftLaw Calculator, which is used to run charitable deduction calculations. </p> \n \n	<h3>State Disclosures</h3> \n \n	<p>The following are state disclosures as applicable to your state of residency. <br /> \nCharitable gift annuities are not covered by any state insurance guarantee fund.</p> \n \n	<p><b>California </b><br /> \nAnnuities issued to California residents by a Grants and Annuities Society (Christian Community Foundation, Inc.) will not be covered by the California Life and Health Insurance Guarantee Association and any resident considering this type of investment should seek the advice of a tax professional. </p> \n \n	<p><b>Florida </b><br /> \nA copy of the official registration and financial information may be obtained from the division of Consumer Services by calling toll-free within the state. 800.435.7352. Registration does not imply endorsement, approval, or recommendation by the state.</p> \n \n	<p><b>North Carolina </b><br /> \nFinancial information about this organization and a copy of its license are available from state of North Carolina Solicitation Licensing Branch at 919.733.4510. The license is not an endorsement by the state. </p> \n \n	<p><b>Pennsylvania</b> <br /> \nThe official registration and financial information of Christian Community Foundation, Inc., doing business as WaterStone, may be obtained from Pennsylvania Department of State by calling toll-free, within Pennsylvania, 800.732.0999. Registration does not imply endorsement. </p> \n \n	<p><i>Christian Community Foundation, Inc. dba WaterStone offers Charitable Gift Annuities in most states, with the exception of Arkansas, Hawaii, New Jersey, New York, Washington and Wisconsin at the present time. We are pleased to work with you to facilitate your charitable giving.</i></p> \n \n	<p style=\"text-align:center;\"><a href=\"/solutions/charitable_gift_annuity/faq/\" title=\"FAQ\">FAQ</a> | <a href=\"http://www.waterstone.org/images/uploads/main-images/APP_CGA_WATERSTONE.pdf\" title=\"Application (pdf)\">Application (pdf)</a> | <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a></p>\n','none','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(19,2,'<a href=\"{filedir_1}APP_TRUST_WATERSTONE.pdf\">APP_TRUST_WATERSTONE.pdf</a><a href=\"{filedir_1}APP_TRUST_WATERSTONE.pdf\">APP_TRUST_WATERSTONE.pdf</a>','xhtml','				<h2>Description of Services</h2> \n \n	<p>The Charitable Trust may be an important solution in your planning&#8212;a way for you to make an irrevocable gift to charity while retaining a personal interest in the gift.  <br /> \nThere are two basic types: <br /> \n<ul>\n<li>charitable remainder interest to the charity and income payments to you and/or others, or </li> \n<li>income to the charity and remainder interest to you or others.</li> \n</ul></p> \n \n	<h2>Characteristics <br /> \n<ul>\n<li>recommended for values over $250,000.00</li> \n<li>donations may include cash, securities and other investment interests, as well as real estate</li> \n<li>consult your own planned giving attorney or call for the name of a recommended attorney for the proper drafting of your charitable trust</li> \n<li>recommend your own investment advisor </li> \n<li>requires a trustee</li> \n</ul></h2> \n \n	<h2>Trustee Services </h2> \n \n	<p>Because a trust is a separate legal entity, a trustee must be named. We feel an experienced independent third party trustee such as WaterStone Support Foundation is best suited to help you through the complexities of your charitable trust. </p> \n \n	<p>WaterStone Support Foundation provides fiduciary oversight including:<br /> \n<ul>\n<li>coordination with the donor&#8217;s legal, financial and tax advisors </li> \n<li>oversight of all beneficial interests</li> \n<li>distributions to income and charitable beneficiaries</li> \n<li>accounting</li> \n<li>annual reporting</li> \n<li>review and evaluation of trust performance</li> \n</ul></p> \n \n	<h2>Flexibility</h2> \n \n	<p>Add flexibility to your planned giving. Many families add flexibility to their charitable beneficiary designation by naming their own Donor Advised Fund at WaterStone to receive the charitable remainder interest from their trust.  </p> \n \n	<p>The Donor Advised Fund enables the donor to:<br /> \n<ul>\n<li>recommend multiple favorite charities</li> \n<li>change charities as interests change</li> \n<li>name family successors</li> \n<li>recommend investment approach or investment advisor</li> \n</ul></p> \n \n	<h2>Pricing Schedule</h2> \n \n	<p>WaterStone offers its services as trustee of your charitable remainder trust at the following rates.  The annual fees below include <b>both</b> trust administration and trustee services.  </p> \n \n	<h3>Value of Trust Assets</h3> \n	<table> \n		<tr> \n			<td> From </td> \n			<td> To </td> \n			<td> Base Fee </td> \n			<td> Fee Rate </td> \n			<td> For Value Over </td> \n		</tr> \n		<tr> \n			<td> &#8211; </td> \n			<td> $100,000 </td> \n			<td> $1,000 </td> \n			<td> 0.005 </td> \n			<td> $ -0- </td> \n		</tr> \n		<tr> \n			<td> $100,001 </td> \n			<td> $1,000,000 </td> \n			<td> $1,500 </td> \n			<td> 0.005 </td> \n			<td> $100,000 </td> \n		</tr> \n		<tr> \n			<td> $1,000,001 </td> \n			<td> $5,000,000 </td> \n			<td> $6,000 </td> \n			<td> 0.002 </td> \n			<td> $1,000,000 </td> \n		</tr> \n		<tr> \n			<td colspan=\"2\">Greater than $5,000,000 </td> \n			<td> $14,000 </td> \n			<td> 0.0006 </td> \n			<td> $5,000,000 </td> \n		</tr> \n	</table> \n \n	<p><b>In addition:</b> \n<ul>\n<li>A 20% fee discount is deducted for Standard Trusts (straight pay-out) and Charitable Remainder Annuity Trusts (CRAT). </li> \n<li>Real Estate gifts to the trust: add $1,000 (only in year of donation). </li> \n</ul></p> \n \n	<p><b>Sample Fee Calculation: </b> \n<ul>\n<li>Trustee fees for trust with assets of $250,000 at the beginning of the year would be: $1,500 + (($250,000-$100,000) x .005)) = $2,250</li> \n<li>Trustee fees for a Standard or CRAT would be $2,250 &#8211; ($2,250 * .20) = $1,800.</li> \n</ul></p> \n \n	<p>Click <a href=\"http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318\" title=\"here\">here</a> to access the GiftLaw Calculator, which is used to run charitable deduction calculations.</p> \n \n	<p style=\"text-align:center;\"><a href=\"/solutions/charitable_trust_services/faq/\" title=\"FAQ\">FAQ</a> | <a href=\"http://www.waterstone.org/images/uploads/main-images/APP_TRUST_WATERSTONE.pdf\">Application (pdf)</a> | <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a></p> ','none','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(20,2,'','xhtml','<h2>Description of Services</h2> \n \n	<p>A Ministry Charity Project (MCP), established at WaterStone, is the solution for those God has called to personal ministry and service in the community. WaterStone verifies federal and state compliance for charitable work while providing administrative, investment and accounting service.</p> \n \n	<h2>Characteristics:</h2>\n<ul>\n<li>A clear, specific purpose approved by the Board of Directors for ongoing charitable, religious and educational activitity</li> \n<li>Approved Project Manager with three letters of reference</li> \n<li>An approved annual budget</li> \n<li>A group of committed donors </li> \n<li>Approved fundraising methods, materials, and special events </li> \n<li>May have administrative employees, contract for services or grant distributions</li> \n<li>Liability insurance may be required</li> \n<li>Any legal or other direct project expenses incurred will be charged directly to the MCP</li> \n<li>Minimum initial contribution of $5,000  </li> \n<li>Minimum cash balance of $500 must be maintained</li> \n<li>Closing fee will be reserved from available balances</li>\n<li>Projects retaining $25,000 or greater may select an approved investment pool</li> \n<li>On-line Fund View available for Project Manager to view balances and account activity</li> \n<li>A printed year-end Project Statement will be provided</li> \n<li>Receipts for all contributions will be mailed to donors</li> \n</ul> \n \n	<h2>Pricing Schedule</h2> \n \n	<table> \n		<tr> \n			<td> Application Fee (deducted from initial contribution) </td> \n			<td> $1,000 </td> \n		</tr> \n		<tr> \n			<td> Incoming Charge </td> \n			<td> 8% </td> \n		</tr> \n	</table> \n \n	<h3>Special Services:</h3> \n	<table> \n		<tr> \n			<td> Special Handling </td> \n			<td> Cost Plus $25 </td> \n		</tr> \n		<tr>\n                                                <td> Credit Card Donations </td> \n			<td> 3% </td> \n		</tr> \n		<tr> \n                                                <td> Charitable grant to non-qualified organizations </td> \n			<td> $100 </td> \n		</tr> \n		<tr> \n                                                <td> Transfers to Field of Interest Funds </td> \n			<td> Greater of $100 or 2% </td> \n		</tr> \n		<tr> \n			<td> Contract labor/consultant (each 1099 sent) </td> \n			<td> $25 </td> \n		</tr> \n		<tr> \n			<td> Employee (Monthly Payroll) </td> \n			<td> $50 </td> \n		</tr> \n		<tr> \n			<td> Foreign Mail charge </td> \n			<td> Cost of Mailing </td> \n		</tr> \n		<tr> \n			<td> Special Events processing </td> \n			<td> $195 </td> \n		</tr> \n		<tr> \n			<td> Distributions </td> \n			<td> $10 </td> \n		</tr> \n		<tr> \n			<td> Monthly Project Statements mailed or faxed </td> \n			<td> $10 </td> \n		</tr> \n		<tr> \n			<td> Closing Fee </td> \n			<td> $500.00 </td>\n                                </tr> \n	</table> \n\n\n<h3>Non-traditional Asset Contributions:</h3> \n	<table> \n		<tr> \n			<td> Gift Acceptance Fee </td> \n			<td> 1st Year\'s Annual Administrative Fee (Minimum $2000) </td> \n		 \n		</tr> \n	</table>\n<ul>\n<li>One-time fee based on the appraised value.</li> \n<li>Collected at the earlier of liquidation or anniversary date of gift.</li> \n<li>Fee is in addition to the standard annual administration fee.</li> \n<li>Period due diligence fee may be assessed depending upon the complexity of the asset.</li> \n</ul> \n\n<h3>Non-traditional Investments:</h3> \n	<table> \n		<tr> \n			<td> Origination Due Diligence Fee </td> \n			<td> 1.00-3.00% </td> \n		 \n		</tr> \n	</table> \n<ul>\n<li>Period due diligence fee may be assessed depending upon the complexity of the asset.</li> \n</ul> \n\n\n\n	<p style=\"text-align:center;\"><a href=\"/solutions/ministry_charity_project/faq\" title=\"FAQ\">FAQ</a> | <a href=\"http://www.waterstone.org/images/uploads/main-images/MCP_Application.pdf\"title=\"Application (pdf)\">Application.pdf</a> | <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a></p>','none','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(21,2,'','xhtml','<h2>Description of Services</h2> \n \n<p>Just as individual donors look to WaterStone to provide effective administrative operations, so do charity development and gift planning officers at other non-profit organizations look to WaterStone for their back office services. A Charity Advised Fund supports the mission and purposes of the charity. Our services include the Charitable Gift Annuity program, third-party trustee services for charitable trusts, an endowment program and the Donor Advised Fund option.</p> \n \n<h2>Some things to remember about the Charity Advised Fund.</h2> \n<ul>\n<li>The charity must be a 501&#40;c&#41;(3) organization and provide its tax determination letter.</li> \n<li>The mission statement and corporate resolution of the charity must be attached with the application.</li>\n<li>The purpose of the fund will be to support the mission of the charity.</li> \n<li>The Charity Advised Fund may be funded by donors&#8217; wills, life estates, Charitable Gift Annuities, charitable remainder trusts, or other testamentary gifts, and with current gifts of cash, appreciate stock, real estate or other assets.</li> \n<li>May be established as a true endowment, retaining invested principal in perpetuity, with distribution from earnings only.</li> \n<li>Or may be established as a flexible endowment fund, for investment with partial or total distribution option.</li> \n<li>Minimum initial deposit of $1000.</li> \n<li>Minimum grant amount of $100. Grant requests made online are at no charge. All other grant requests to qualified organizations will be assessed a $10 fee per grant.</li> \n<li>The Fund will be responsible for any legal or other direct expenses incurred on behalf of the fund.</li> \n<li>Investment of Fund assets is dependent on value.\n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $25,000 or greater may select an approved investment pool.</i><br /> \n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $50,000 or greater may recommend an investment advisor.</i><br /> \n<i style=\"margin-left: 10px; font-size: 12px;\">* Funds retaining $200,000 or greater may recommend unique investment policy statements to be approved by the Investment Committee.</i><br /> \n<i style=\"margin-left: 10px; font-size: 12px;\">* Cash balances will receive an indexed money market return.</i></li>\n<li>A deferred fund may be established to receive estate distributions upon donor\'s death.<br /> \n<i style=\"margin-left: 10px; font-size: 12px;\">* No minimum deposit</i>\n<i style=\"margin-left: 10px; font-size: 12px;\">* No current fees</i></li>\n</ul>\n<h2>Pricing Schedule</h2> \n \n<h3>Annual Administration*</h3> \n \n	<table> \n		<tr> \n			<td> $0 to 1,000,000 </td> \n			<td> 1.25% </td> \n		</tr> \n		<tr> \n			<td> $1,000,001 &#8211; $5,000,000 </td> \n			<td> 1.10% </td> \n		</tr> \n		<tr> \n			<td> Over $5,000,000 </td> \n			<td> .75% </td> \n		</tr> \n		<tr> \n			<td> Minimum </td> \n			<td> $295 </td> \n		</tr> \n	</table> \n \n	<p><i style=\"font-size: 12px;\">Administrative fee is assessed quarterly on daily asset balances.</i><br /> \n \n	<h3>Special Services:</h3> \n	<table> \n		<tr> \n			<td> Special Handling </td> \n			<td> Cost plus $25 </td> \n		</tr> \n		<tr> \n			<td> Credit Card Donations </td> \n			<td> 3% </td> \n		</tr> \n		<tr> \n			<td> Charitable grant to non-qualified organizations </td> \n			<td> $100 </td> \n		</tr> \n		<tr> \n			<td> Transfers to Field of Interest Funds </td> \n			<td> Greater of $100 or 2% </td> \n		</tr> \n		<tr> \n			<td> Non-online grants </td> \n			<td> $10 </td> \n		</tr> \n		<tr> \n			<td> Mailed or faxed Fund Statements </td> \n			<td> $10 </td> \n		</tr> \n	</table> \n \n	<h3>Non-traditional Asset Contributions:</h3> \n	<table> \n		<tr> \n			<td> Gift Acceptance Fee </td> \n			<td> 1st Year\'s Annual Administration Fee (Minimum $2,000) </td> \n		</tr> \n	</table> \n \n	<p><i style=\"margin-left: 10px; font-size: 12px;\">* One-time fee based on the appraised value.</i> <br />\n<i style=\"margin-left: 10px; font-size: 12px;\">* Collected at the earlier of liquidation or anniversary date of gift.</i> <br />\n<i style=\"margin-left: 10px; font-size: 12px;\">* Fee is in addition to the standard annual administration fee.</i> <br />\n <i style=\"margin-left: 10px; font-size: 12px;\">* Periodic due diligence fee may be assessed depending upon the complexity of the asset.</i></p> \n\n\n	<h3>Non-traditional Investments:</h3> \n<p>*Origination Due Diligence Fee - 1.00-3.00%<br />\n<i style=\"margin-left: 10px; font-size: 12px;\">* Periodic due diligence fee may be assessed depending upon the complexity of the asset.</i></p>\n\n\n\n	<p style=\"text-align:center;\"><a href=\"/solutions/charity_advised_fund/faq/\" title=\"FAQ\">FAQ</a> | <a href=\"http://www.waterstone.org/images/uploads/main-images/CAF_Application.pdf\">Application (pdf)</a> | <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a></p>','none','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(233,2,'','xhtml','Non-traditional assets come in many forms, but real estate and business interests are the most commonly used assets for charitable purposes.\n<b>\nReal Estate:</b> raw or undeveloped land; farms and farm land; single-family residences; condominiums; apartment buildings; timeshare units; vacation homes; rental property; commercial property; conservation easements; property with a remainder interest; and property with a retained life estate. \n<b>\nBusiness Interests:</b> commercial business holdings; C-Corporations; S-Corporations; limited liability corporations (LLC); general partnerships (GP); limited partnerships (LP); limited liability partnerships (LLP); family limited partnerships (FLP); and sole proprietorships.  \n\n<b>Other:</b> retirement plan assets; closely-held or non-publicly traded securities; promissory notes; mortgages; insurance policies; tangible personal property; oil and gas interests; mineral rights; coal rights; precious metals; and intellectual property.  \n\nh3. Below are specific types of non-traditional assets, with examples. \nClick on the links to read more.  \n\n* \"Real Estate\":#to_realestate\n* \"Property with a Retained Life Estate\":#to_propertyretained\n* \"Property with a Remainder Interest\":#to_propertyremainder\n* \"Bargain Sale\":#to_bargainsale\n* \"Business Interests\":#to_businessinterests\n* \"Retirement Plan Assets\":#to_retirement\n* \"Closely-Held Securities/Non-Publicly Traded Securities\":#to_securities\n* \"Life Insurance\":#to_lifeinsurance\n* \"Wealth Replacement Trust/Irrevocable Life Insurance Trust\":#to_wealth\n* \"Tangible Personal Property/Gifts in Kind\":#to_tangible\n* \"Intellectual Property\":#to_intellectual\n \nh2(#to_realestate). Real Estate   \n\nReal estate provides some unique giving opportunities in the forms of an outright donation, funding for a trust, as a retained use for life, as a remainder interest or as part of a will or bequest. \n\nWhen contributing real estate outright to WaterStone, the donor will avoid capital gains taxes on the transfer as long as the gift is made before the sale of the property. The donor will also receive an immediate tax deduction for the full fair market value of the gift, up to 30% of Adjusted Gross Income (AGI) in the year the gift is made. Any excess can be carried forward for five more years. \n   \nAdditionally, real estate can be converted into a stream of income for the duration of the donor\'s life by establishing a Charitable Remainder Trust (CRT) with WaterStone. This option transforms a low-yield asset into a higher-yield, income- producing asset and provides a tax deduction for the charitable portion of the gift.  \n\nGifts of real estate require the proper documentation and compliance with WaterStone\'s gift acceptance policies. For WaterStone to accept a gift of real estate, it needs to be readily marketable at or close to the appraised value and free from any indebtedness in the form of liens. A qualified appraisal is required to establish the fair market value. An environmental review must be completed, along with a title search and the history of the property. When gifting real estate assets to WaterStone, the donor will be responsible for appraisal and closing costs to transfer the real estate while WaterStone handles the administrative details. \n\nh3. Example: \n\nDonor gives WaterStone a vacation home that is no longer used. The cost basis on the home, which was purchased 10 years ago, is $100,000. The current market value on the house is $300,000. Donor receives a $300,000 charitable deduction that amounts to a tax savings of $84,000, assuming a 28% tax bracket for the donor. The donor avoids a capital gain if otherwise sold of $200,000 from appreciation of the house. The capital gains tax savings is $30,000 ($200,000 x 15%). So the total tax savings is $114,000 ($84,000 + $30,000). The net cost of the gift is $186,000 ($300,000 - $114,000) compared with $216,000 ($300,000 - $84,000) for an equivalent gift of cash. Furthermore, the home will no longer be taxable in the donor\'s estate. \n\nThe donor\'s deduction for the year of the gift will be limited to 30% of AGI with a five year carry-over for any unused portion. Assuming AGI of $100,000, the donor is able to claim 30% or $30,000 in the year of the gift. If the donor had held the property for less than one year, the charitable deduction would be limited to the home\'s cost basis and there still would be no tax on any appreciation. In that case, the deduction would be limited to 50% of AGI with a five year carry-over.\n\nh2(#to_propertyretained). Property with a Retained Life Estate\n\nIn addition to gifting real estate outright to WaterStone, an individual may retain the use of the property for life or a term of years and make a planned gift to WaterStone. The property does not have to be a primary residence and may be any personal residence, including a farm, vacation home or condominium. By using a retained life estate arrangement, property can be deeded to WaterStone and provide valuable tax savings for the donor. WaterStone would not take possession until after the lifetime of the tenant or tenants. At the time of death, the property would either be sold or used by WaterStone for purposes specified by the donor or donors. \n\nIf a life estate is retained in the property, real estate taxes, indebtedness relating to the property, insurance costs and maintenance expenses will be the responsibility of the donor or the beneficiary of the life estate. \n\nh3. Example: \n\nDonor purchased a condominium years ago that has since appreciated in value. Donor gifts the condominium to WaterStone, allowing her estate to benefit from greater tax savings than if the dwelling had been passed on to her two children through a bequest. Donor then purchases life insurance policies for her two children. This expense would have been paid in taxes if not for the charitable deduction received for her gift. Her children will receive cash from the insurance policies instead of receiving the condo. A further benefit is that this transaction avoids any probate process.   \n\nh2(#to_propertyremainder). Property with a Remainder Interest\n\nWith a gift of a remainder interest in a property, the title is transferred to WaterStone and the donor receives current income tax deductions for the present value of the remainder interest. This deduction is made possible because the gift cannot be revoked. The amount of the deduction varies according to the property and age of the donors. At the same time, the gift allows the donor to avoid capital gains taxes on the appreciation of the property.\n\nh3. Example: \n\nDonor is a 70-year-old widow gifting a remainder interest in her home. She will continue to live in the home until her death. On the gift date, the market value of the house is $200,000. Required IRS tables for discounting the gift based on donor\'s life expectancy and future depreciation of the home establish her income tax charitable deduction at approximately $75,000.\n\nh2(#to_bargainsale). Bargain Sale\n\nLong-term appreciated real estate can be sold to WaterStone for less than its fair market value as determined by a qualified appraisal, thus creating a bargain sale. The donor receives a charitable deduction for the difference between the sale price and the higher present market value. This action by the donor is considered a partial gift and a partial sale. The bargain sale allows for the gift while providing cash to the donor who does not have to worry about the sale process.\n\nh3. Example: \n\nDonor\'s residence is appraised at $250,000, but donor sells it to WaterStone for only $150,000, producing a charitable contribution of $100,000. While the donor will have to pay a capital gain tax, the tax burden will be less than if the house had sold at the appraised value. The donor is considered to have sold 60% ($150,000/$250,000) of the property, so 60% or $90,000 of the $150,000 basis constitutes the sale portion. The gain is $60,000 ($150,000 received - $90,000 sale portion basis). However, $40,000 of the appreciation from the gift is not taxed and the donor receives a $100,000 charitable deduction.\n\nh2(#to_businessinterests). Business Interests\n\nThere are various forms under which an individual or group can establish a business. The most popular form is a corporation, either a C-Corporation or an S-Corporation. A C-Corporation must incorporate with the proper state agency. It is an entity owned by one or more shareholders who are investors in the corporation and are issued stock certificates for their ownership interest. The stock is a separate asset that may be transferred to WaterStone. A C-Corporation is a separate legal and taxable entity from its shareholders and may be either publicly traded or privately held. \n\nS-Corporations must also incorporate with the proper state agency and have one or more shareholders that are equity owners. Stock certificates are issued and the stock is a separate asset that may be transferred. However, the S-Corporation is not a separate legal and taxable entity from its shareholders and is not publicly traded. The taxable income and gain passes through to its shareholders. \n\nA limited liability company (LLC) also incorporates with the proper state agency and may have one or more members who are the equity owners. The LLC is operated either by a majority vote of the members or by an appointed managing member. Members are not given special evidence of ownership but the interest is a separate asset and can be transferred to WaterStone. The members are not legally liable for the activities of the LLC. An LLC can be taxed as a partnership or as a corporation.  \n    \nA partnership is a business entity with two or more individuals acting together for a joint purpose, with shared profits and expenses. There are three types of partnerships: general partnership (GP); limited partnership (LP); and limited liability partnership (LLP). A GP can be formed without filing any documents with a state agency and does not need any formal written agreement. All general partners are legally liable for the activities of the GP. A LP files a certificate with a state agency and has both general and limited partners. The general partner manages the activities and is legally liable for the actions of LP while the limited partner has no legal liability and only has limited involvement in the operations. \n\nIn a LLP, the partners are not liable for the activities and a manager oversees the operations. A partnership owned by family members is a family limited partnership (FLP). A partnership is not a tax paying entity and the partners in the aggregate share the taxable income and gain which is passed through the partnership to them. \n\nSimplicity and liability characterize sole proprietorships. This type of business entity does not have a separate entity for state law purposes and all tax items are reflected on Schedule C of the owner\'s personal income tax return. The owner is legally liable for all actions and debt of the sole proprietorship and only the assets can be transferred. \n\nWhen considering gifts of limited liability company interests, key issues for WaterStone to evaluate include corporate income sources, debt and financing structure, asset structure and unrelated business taxable income. When considering gifts of partnership interests, unrelated business taxable income and sources of payment for potential tax liabilities must be identified. WaterStone will need specific corporate or business organizational information, including bylaws, shareholder agreements, articles of incorporation, partnership agreements and other contractual agreements. Financial information such as annual and interim financial statements, cash flow statements, tax returns, tax basis and appraisals are also needed.     \n\nh3. Example: \n\nDonor is an 87-year-old retired business owner of a limited partnership valued at $1,000,000. The donor gifts 98% of the limited partnership interests to WaterStone. The partnership is to run for 30 years. Assuming a 10% yearly growth rate, 1% is paid annually to WaterStone and a 2% management fee is paid to the general partner. That means net annual growth is 7%. The partnership assets will be worth $8,000,000 in 20 years when the partnership is terminated. The 1% annual distribution to WaterStone would be $10,000 in the first year, but would average about $30,000 a year over the 30 years. WaterStone would receive 98% of $8,000,000 plus approximately $900,000 in cumulative annual distributions. WaterStone owes no taxes on the income. \n\nh2(#to_retirement). Retirement Plan Assets\n\nRetirement plan assets are most commonly in the form of 401(k) or 403(b) plans and IRA (Individual Retirement Account) plans or, to a lesser extent, profit-sharing plans, annuity plans, stock bonus plans and employee stock ownership plans (ESOP) such as incentive stock options (ISO) and nonqualified stock options (NSO). \n\nESOPs grant employees the right to purchase a set amount of shares at a fixed price some time in the future. ISOs qualify for preferential tax treatment under the Internal Revenue Code and  generally allow an employee to defer taxes until the date the shares bought with the options are sold, and to pay tax at the applicable capital gains rate instead of the higher ordinary income tax rate. Taxes can be avoided altogether if the options are included in a Charitable Remainder Trust at WaterStone. NSOs do not qualify for the IRS\' preferential tax treatment. When the employee \"exercises\" the options by buying the stock, he or she must pay ordinary income tax on the \"spread\" between the value of the stock and the price he or she paid for it. Because the employee must also pay income tax when the stock resulting from the option is sold, NSOs bear a substantial tax burden. This tax burden can be avoided if NSOs are used for charitable purposes. \n\nThe undistributed balance in a qualified retirement plan is included in an individual\'s gross estate and subject to estate tax. When these funds are passed on to heirs, the heirs are exposed to income taxes. In this manner, retirement funds are subject to a double taxation. Because retirement assets grow over many years with very little tax consequences, estate taxes and income taxes to descendants can be substantial, up to a combined marginal rate of 65% on large, taxable estates. However, through a carefully planned charitable gift, the tax burden can be avoided or reduced, and the charity can receive the benefit of the gift.\n\nEstate assets that were not included in a decedent\'s taxable income generate income in respect of a decedent (IRD). These assets were not taxed as income because the recipient did not live long enough to receive them. Retirement plan assets constitute the major source of IRD. By donating the assets, they avoid both IRD and estate taxes.    \n\nAs part of an estate plan established with a financial advisor, testamentary gifts of retirement assets can create a lasting legacy for a donor. Donors can accomplish their charitable goals, support their charitable causes, and greatly reduce the tax burden of their estate. As part of the Pension Protection Act of 2006, it is now possible to make tax-free charitable gifts from an IRA and avoid income and estate taxes in the current year of the gift and for as many as five future years. \n\nRetirement assets can be donated to WaterStone in several ways. A Donor Advised Fund (DAF) can receive plan assets and is a flexible tool for designated family members to suggest the charitable purposes for the DAF. Assets may also be received into discretionary Field of Interest Funds managed by WaterStone. These funds, which support specific causes, provide flexibility in meeting donors\' charitable desires in a changing environment. Another option is to transfer retirement assets into a Charitable Remainder Trust (CRT). A designated CRT beneficiary will receive an income for life and the remaining principal will be directed toward the beneficiary\'s DAF at WaterStone. \n \nh3. Example: \n\nDonor wants to avoid his retirement assets being taxed as part of his taxable estate and as income to his son, the beneficiary. Donor establishes a charitable bequest with his $500,000 IRA. If the money is left to his son, the entire amount would be ordinary, taxable income to the son. To avoid taxes for his son and to avoid substantial estate taxes for himself, the donor leaves the IRA to WaterStone. Because the estate tax charitable deduction has no limits, the IRA in WaterStone\'s hands will incur no estate tax. Since WaterStone is the beneficiary, WaterStone will owe no income tax either. The son will receive other assets from his father\'s estate which are free of income taxes instead of the IRA proceeds that are subject to income tax. \n\nh2(#to_securities). Closely-Held Securities/Non-Publicly Traded Securities\n\nFor business owners of privately-held corporations, retained earnings in the form of closely-held securities can be gifted to WaterStone. If these earnings are distributed to individuals, they will be subject to personal income tax after they have already been taxed at the corporate level. However, shares can be donated to WaterStone and redeemed from WaterStone using retained earnings for the purchase as long as there is no pre-arranged agreement for the corporation to buy the stock.  \n\nGifts of closely-held or non-publicly traded securities are deductible at the appraised value. Valuation or appraisal value poses a challenge due to infrequent trading which makes it difficult to establish fair market value. A known means of liquidation, redemption, sale, or conversion to liquid assets is essential when considering these types of securities as a gift. Items such as shareholder agreements to buy or sell, transfer restrictions on stock certificates and a qualified independent appraisal must be furnished to WaterStone for consideration of the gift. \n\nh3. Example: \n\nDonor is the founder of a privately held company in which he owns all the stock. Cost basis is zero because original investment has been written off. Current valuation is $1 million with $300,000 of retained earnings. After obtaining a qualified appraisal of the stock, donor gifts $300,000 of stock to WaterStone and receives an income tax deduction for that amount. The donor avoids capital gains taxes and state taxes while avoiding scrutiny by the IRS on his accumulated retained earnings which may have produced a penalty tax. The gift has not affected the donor\'s control of his corporation. If there were other family members with ownership in the company, a gift followed by a redemption of stock which is retained as treasury stock could be used to increase family members\' interests. \n\nh2(#to_lifeinsurance). Life Insurance\n\nAs the need for life insurance declines with age, life insurance policies that have built up cash value and are no longer needed for their original purpose represent another opportunity for charitable giving. The cash value of a policy becomes a hidden asset to be used for a current charitable gift. The owner of a life insurance policy with cash surrender value may gift the value of the policy and create significant estate tax savings while providing immediate income tax savings. \n\nA donor may name WaterStone as the primary beneficiary of a policy in a revocable arrangement which is not deductible for income tax purposes. Or, the donor may irrevocably assign a life policy to WaterStone which may become the owner and beneficiary. Then, any premium payments made by the donor to continue the policy are tax deductible. In this manner, the gift may be substantial while the donor\'s outlay remains modest and the future benefits can exceed the current surrender value. The donor will receive an income tax charitable deduction, a tax savings from the deduction and reduced future estate taxes. Gifts of life insurance are considered ordinary income, deductible up to 50% of AGI with a deduction carry over for an additional five years. \n \nIf the donor chooses not to continue the payments, WaterStone may pay the premiums and receive the full face value of the policy at the donor\'s death or surrender the policy for its present cash value. WaterStone may also convert the policy to paid-up insurance in a reduced amount with no further payments. A donor may also purchase a new life insurance policy to gift by naming WaterStone as owner and beneficiary. Gifts to WaterStone to cover initial and future premiums are tax deductible.  \n\nTerm insurance has no cash value, so gifting a policy would have no tax advantage. When term insurance is provided by an employer, the cost for any coverage in excess of $50,000 is included in the insured\'s taxable income. However, if WaterStone is the beneficiary, this cost is no longer included in taxable income. \n\nh3. Example: \n\nDonor couple own a second-to-die whole life policy with a $500,000 value. Annual premiums of $10,000 have been paid for 20 years, producing a basis in the policy of $200,000 ($10,000 x 20). When donors decide to contribute the policy to WaterStone, they avoid any income tax liability. They are entitled to a charitable deduction of $200,000, since it is less than the policy value of $500,000. The deduction will be subject to the AGI 50% limitation instead of the 30% limitation because there is no capital gain involved in the charitable deduction.  \n\nh2(#to_wealth). Wealth Replacement Trust/Irrevocable Life Insurance Trust\n\nLife insurance in philanthropic plans may also be used to replace the value of a large gift to WaterStone for multiple heirs of an estate. Instead of naming WaterStone as the beneficiary and owner of a policy, a wealth replacement trust or irrevocable life insurance trust may be a better alternative, especially in cases where estate liquidity is an issue. A charitable gift can often reduce the value of inheritances for wealthy family members. In many cases, income tax savings from the use of a charitable deduction can be large enough to acquire life insurance with death benefits equal to the value of the gift. When the wealth replacement trust terminates, its assets can be passed on to WaterStone with no tax consequence. The life insurance death benefits then pass to heirs untaxed. Federal gift tax on contributions to the wealth replacement trust to cover the premiums can be avoided as well.\n\nh3. Example: \n\nDonor couple wishes to make a substantial gift to WaterStone but defer it until after their death. They transfer appreciated stock to a charitable remainder trust (CRT) that will pay them a stated income annually for the rest of their lives. Upon their deaths, the assets remaining in the trust will pass to WaterStone. The stock is worth $750,000 and yields a 3% dividend. Their basis in the stock is only $150,000. To avoid the impact of selling the stock and incurring federal tax on their capital gain of $90,000 ($600,000 x 15%) and state tax, the couple chooses to make a gift of the stock directly to WaterStone via the CRT. WaterStone will sell the stock without incurring any capital gain and the $750,000 proceeds will earn income for the donors. The donors will receive an income tax deduction equal to the current value of WaterStone\'s future interest in the CRT. The donors have also removed the stock from their estate thus removing federal estate tax on the asset. \n\nIn addition to setting up the CRT, the couple will set up a wealth replacement trust for their three grown children. This trust is funded with $750,000 in insurance purchased by the trustee on the donors\' lives with the children named as the beneficiaries of the policy. Annual premiums will be paid by the donors through transfers to the trust. Amounts from income tax deductions and avoidance of capital gains tax will reduce the impact of the premium payments. \n\nPremium payments to the trust are considered gifts and subject to federal gift tax. However, a $72,000 gift tax exemption is available based on each donor making a gift to each child (3 children x 2 donors x $12,000 gift tax exclusion for 2006). At the donors\' death, the proceeds from the insurance policy will not be subject to tax in their estates. The proceeds will not be subject to expenses of probate.    \n\nh2(#to_tangible). Tangible Personal Property/Gifts in Kind\n\nTangible personal property represents any property, other than land or buildings, which can be seen, handled, touched or moved by an individual as opposed to an intangible asset such as ownership in a corporation. Gifts of tangible personal property, also known as gifts in kind, come in many varieties, including jewelry, gems, antiques, furniture, works of art, coin and stamp collections, motor vehicles, aircrafts, watercrafts, livestock, crops, timber, manuscripts, books, and business inventory and equipment such as computer hardware and software. WaterStone may accept such gifts if they are free and clear of encumbrances and after a thorough review of the marketability of the personal property and the intended purpose for the gift. Proof of ownership, the cost basis in the gift, date of acquisition, a qualified appraisal and a description of the donated asset, including an explanation of the method used to determine the fair market value, are required documents. \n\nTangible personal property presents specific and special issues for income tax charitable deduction purposes. The amount of charitable deduction and percentage limitation depends on the relation between the tangible personal property and the purposes of WaterStone as the tax-exempt entity receiving the property. The gift must not be placed to an unrelated use by WaterStone. Tax deductibility for tangible personal property varies according to IRS established related use rules. For gifts estimated at $5,000 or more to qualify for a charitable tax deduction, IRS regulations require the submission of a written appraisal by a qualified independent appraiser.\n\nh3. Example: \n\nAn art collector contributes a collection of paintings to WaterStone with a fair market value of $125,000. The cost basis is $50,000 and the collector\'s AGI is $150,000. If the donation is to a museum and there is a qualified appraisal prepared by a qualified appraiser, the collector gets a $125,000 deduction, of which $45,000 ($150,000 x 30%) is allowed in the current year and $80,000 carried over to future years. If the donation goes to WaterStone, the gift is not related to the charitable purposes or functions of WaterStone. The collector\'s deduction will be his cost basis of $50,000 and is fully deductible this year, with no carryover ($150,000 x 50% = $75,000 is the limit for the deduction). \n   \nh2(#to_intellectual). Intellectual Property\n\nIntellectual property is defined as a product of the intellect that has commercial value. It represents ownership of ideas and control over the tangible or virtual representation of those ideas. Intellectual property comprises two main branches: industrial, such as trademarks, patents, royalties, industrial designs, contract rights and inventions; and copyright, such as literary, musical, artistic, photographic and audiovisual works.  \n\nDonors of intellectual property can be either corporations or individuals. In accepting these types of gifts, WaterStone will need an appraisal of the property and a signed agreement by the donor to assign all of the rights associated with the gift. Additionally, WaterStone will look at the transferability of ownership, whether full or fractional interest in the property is being gifted and whether the gift furthers the mission of WaterStone. WaterStone will provide written confirmation to the donor regarding any income from the donated property.\n\nValuable tax benefits are available for contributions of intellectual property so long as they are valid charitable donations. Individuals can receive thousands of dollars in tax deductions and corporations\' deductions can reach millions of dollars. Legislation passed in 2004 enables a donor to deduct the lesser of his basis in the contribution or the true fair market value of the property. \n\nAdditional amounts may be deducted in subsequent years based on a percentage of the income received by the charitable organization from the contributed property. The deduction starts at 100% for the first year and declines over the years to 10% in tax year 12 with the percentage of income deductible varying with each passing year. The deduction is further limited to income received during the legal life of a patent or intellectual property, or the tenth anniversary of the donation, whichever is earlier. \n\nTransfers of property are not deductible for the transfer of a partial interest in property, if the transfer is inadequately substantiated, if the property is overvalued, or if a benefit is received for the transfer. Tax deductions are subject to percentage of income limitations and other limitations which are clearly spelled out and closely scrutinized by the IRS. \n\nh3. Example: \n\nDonor is the author of a best-selling book on philanthropy and owns the copyright. Donor decides to contribute his entire copyright to WaterStone. He will be able to deduct the full share of the copyright since that represents his entire interest in the property. Had he donated only 50% of his copyright, his gift would not be deductible since he would be contributing less than his entire interest in the property. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(22,2,'','xhtml','h2. Description of Services\n\nA Supporting Organization (SO) is designed to accomplish short and long-term family giving objectives. By affiliating with the purposes of WaterStone, a Supporting Organization blends the flexibility of a public foundation with the unique charitable direction associated with private foundations. A SO is an excellent alternative for donors who have significant assets.\n\nh2. Characteristics \n\n* Operating efficiencies by utilizing this WaterStone solution, which includes individually designed technical service to accomplish family charitable objectives.\n* Maintain personal involvement in the use and investment of funds.\n* Exercise a substantial degree of direction and control over the policies, programs and activities of the SO.\n* Support the ministries, charities and purposes you care about.\n* Affiliated but separate Board of Directors. The SO can elect or appoint the majority of the Board of Directors. \n* Benefit from favorable tax treatment as a public charity without the public support requirements.\n* Exempt from private foundation excise tax and administrative requirements.\n* Public scrutiny accomplished through the WaterStone Board of Directors.\n\nh2. Fee Schedule\n\nPricing Schedule: to be negotiated on a case-by-case basis.\n\np=. <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a>','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(75,2,'','xhtml','Please click <a href=\"{filedir_1}Distribution_Request_Form1.pdf\">here</a> to download a pdf of the Donor Advised Fund Distribution Request Form. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(23,2,'','xhtml','Begin to think differently about charitable giving. Read weekly articles, case studies and recent legislation relating to estate and gift planning from <a href=\"http://www.giftlaw.com/giftlaw.jsp?WebID=GL2001-0318\" title=\"GiftLaw\" target=\"_blank\">GiftLaw</a>, a weekly newsletter provided by WaterStone to inform and inspire your passion.\n\nDiscover the solution that best meets your Kindgom objectives. Use the <a href=\"http://www.giftlaw.com/glcalc.jsp?WebID=GL2001-0318\" title=\"GiftLaw Calculator\">GiftLaw Calculator</a> to evaluate various planned gift solutions available through WaterStone.\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(24,2,'','xhtml','WaterStone®\n2925 Professional Place, Suite 201\nColorado Springs, CO 80904-8136\n\np: 719.447.4620\nf: 719.447.4700\ne: waterstone@waterstone.org\n\nFor Client Services, send us an email at clientservices@waterstone.org. \n\nOr, complete our <a href=\"http://www.waterstone.org/index.php?/contact/contact_form\" title=\"contact form\">contact form</a> online.\n\nh2. Directions\n\nThe WaterStone offices are conveniently located in Colorado Springs in the Kissing Camels Business Park just a mile west off Interstate 25 overlooking Garden of the Gods and the majestic Pikes Peak.  We always welcome your visit, but please call to make sure someone will be available to greet you.\n\n<b>From Denver International Airport:</b>  Exit the airport on Pena Blvd, driving approximately 4 miles to exit 6A onto E 470 S Tollway, South toward Colorado Springs.  Drive 27 miles to Exit 1A onto I-25 (on left) to Colorado Springs.  Drive 50 miles to exit 145 onto Fillmore, turn right (West).  Drive 1 mile and turn right into Professional Place, 2925 Professional Place Suite 201.\n \n<b>From the Colorado Springs Airport:</b>  Exit the airport on Milton E Proby Pkwy, driving west approximately 2 miles and turn right onto S Powers Blvd.  Drive 2 miles and turn left onto E Fountain Blvd which becomes US 24 W.  Drive 4 miles and exit onto I 25 N (toward Denver).  Drive 5.5 miles to Exit 145 turn left (West) onto Fillmore St.  Drive 1 Mile and turn right onto Professional Place, 2925 Professional Place Suite 201.\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(25,2,'','xhtml','<img src=\"{filedir_1}john_mulder_cropped.jpg\" style=\"border: 0;\" alt=\"image\" width=\"132\" height=\"200\" class=\"floatleft\" />John Mulder has served as president since August 2001. He has 22 years of executive experience in the financial services industry where he served as district manager of a group of banks and a trust company with more than $750 million in assets under management. He also served as CEO of a real estate software and Internet services company. In addition, he was as an adjunct faculty member at Northwestern College (St. Paul, Minnesota) where he taught courses in finance and investments. \n\nMulder has served on numerous faith-based boards as well as boards of higher education and community development. He holds a B.A. in economics from Wheaton College and an M.B.A. from the University of Chicago. \n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(26,2,'','xhtml','<img src=\"{filedir_1}valerie_cornelius_cropped.jpg\" style=\"border: 0;\" alt=\"image\" width=\"132\" height=\"200\" class=\"floatleft\"/>Valerie Cornelius is the director of operations and treasurer and has been with the organization since 1993. Her responsibilities include administration of client services and compliance. She is also a member of the leadership team. Previously, she served as office manager of development marketing associates for three years and as trainer of client services for World Vision for four years. Her non-profit experience also includes missionary service for three years at an orphanage in Mexico. She holds a B.S. in business administration from Colorado Christian University. \n\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(27,2,'','xhtml','Louise Feider is an executive administrative assistant for WaterStone. She has been with WaterStone since 1993. Her responsibilities include word processing, scheduling, receptionist duties and organizing meeting and conference logistics. Previous experience includes managing a home and family, a working supervisor in respiratory therapy and home-based endeavors. She has more than 25 years of church, school and community volunteering experience. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(55,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','What began in 1986 as a couple‚Äôs vision to provide Christian education for Zimbabwean students has since resulted in thousands of Zimbabwean families and communities significantly impacted for Christ.\n\nBy contributing through a special fund, donors‚Äô personal wealth has been transformed into usable tools for God‚Äôs work in Zimbabwe and several neighboring countries.\n\nSchools and churches have been built, and more than 2,000 students at the primary and secondary level‚Äîand more than 1,000 in the Bible College‚Äîhave received quality Christian education. More than 100 individuals have been trained as teachers. Individuals who have caught the vision for their country have been nurtured through pastors‚Äô conferences and leadership and vocational training.\n\n‚ÄúWe are constantly grateful to the wonderful friends overseas who have supported our ministry so significantly over the years. Without their sacrificial giving, much of our work could not have grown and developed the way it has.‚Äù','textile','Zimbabwean visionary','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(29,2,'','xhtml','Joy Kurschner began working with WaterStone in October 2009 as an executive administrative assistant.  Joy assists each department with their specific needs and oversees the filing system and incoming/outgoing mail.  She has a wide variety of experiences, which include working with an estate planning company, a Christian wrestling camp, HCJB World Radio, a countertop business, the largest law firm in Florida – Holland & Knight, and operating a successful home business.  Joy earned a Bachelor’s degree in business from Maranatha Baptist Bible College.  ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(230,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2009_Year_End_Newsletter.pdf','none','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(30,2,'','xhtml','Cheryl Dutton is the client services manager for WaterStone, overseeing client relations, charitable distributions and compliance. Prior to her service with WaterStone, which began in 1995, she worked in banking and served with her husband in pastoral ministry. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(32,2,'','xhtml','Diane Tapia is the senior staff accountant for WaterStone and has been with the organization since 1993. Her primary responsibilities include accounting for the investments, non-cash donations, gift annuities, bank reconciliations, yearly state reports, 1099 filing and audit requirements. Before coming to work at WaterStone she was the accountant for LumminEssence Candle Company where she was responsible for payroll and accounts receivable and accounts payable; before that Tapia worked for the U.S. Forest Service as a GIS technician. She received her bachelor of accountancy degree from New Mexico State University. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(57,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','<i>How to transform a piece of lackluster rental property and boost his clients\' financial security?</i>\n\nThat was the situation one financial advisor recently brought to WaterStone in behalf of his clients just in their mid-fifties.\n\nTheir older duplex in a mature neighborhood had been in the family for several generations, in need of repair, and more burden than blessing.\n\nThe WaterStone team working with the client\'s own team, the introducing financial advisor and a personal attorney helped these North Carolinians discover the solution that best met their objectives...to eliminate the burden of a deteriorating building, trim capital gains consequences, increase lifetime income and benefit from an immediate charitable gift tax deduction.\n\nBefore year-end, the duplex had been donated into a charitable trust, sold to neighbors, the net proceeds invested with the couple\'s own trusted financial advisor and they began receiving nearly double the original rent income.\n\nAbove all, they selected and recommended a handful of favorite local non-profits committed to helping children and youth to receive the charitable portion of their trust when it matures at the end of their lives. Through their newly established family Donor Advised Fund (DAF) at WaterStone, distributions will be made to the Shriners Hospital, an orphanage and two respected local colleges for scholarships in their particular fields of interest.\n\nBy appointing their children as DAF successors, the entire family will experience the generational impact of a simple duplex tucked away in a quiet North Carolina neighborhood.','textile','','none','','none','-','none','','none','','none','','none','','xhtml','','none','','xhtml'),(33,2,'','xhtml','Catherine Abate serves as a staff accountant joining the organization in February 2009.  Her responsibilities include handling general accounting data, processing donations and receipts, redeeming securities and processing checks and various other accounting duties.  Immediately before coming to work at WaterStone, she worked in the technical customer service arena.  Prior to that, she has worked in various accounting positions within a diverse range of industries, which includes savings and loan, professional corporations, as well as two not-for-profit organizations, which includes the Colorado Springs Fine Arts Center and the U.S. Ski Association.  She obtained her B.A. in accounting from Ohio Northern University, which is affiliated with the United Methodist Church. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(34,2,'','xhtml','<img src=\"{filedir_1}bryan_miesel_cropped.jpg\" style=\"border: 0;\" alt=\"image\" width=\"133\" height=\"200\" class=\"floatleft\" />Bryan Miesel joined the organization as director of marketing and public relations in 2004 and is responsible for strategic development of marketing efforts and programs. Miesel has an extensive background in marketing, business development and strategic planning within the financial services industry. Prior to joining WaterStone, he spent 16 years in the international division of A.M. Best Company, the leading insurance information and financial rating organization. Miesel holds a B.A. in economics and French from Wheaton College and an M.B.A. from The American Graduate School of International Management (Thunderbird). \n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(35,2,'','xhtml','Sue Smith is the marketing information advisor at WaterStone. Since 1993, Smith has been the primary contact for initial inquiries from individuals, professional advisors and charities, introducing and initiating the many gifting solutions available. She has been involved in marketing material development and editor of the quarterly newsletter. Her goal is to cultivate vision for the Kingdom impact that can be accomplished through WaterStone. Previous experience includes managing a home and family, serving on several medical teams, marketing and sales in a home business, and volunteering for Christian schools, crisis pregnancy centers and the church. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(36,2,'','xhtml','<img src=\"{filedir_1}jeff_gott_cropped.jpg\" style=\"border: 0;\" alt=\"image\" width=\"132\" height=\"200\" class=\"floatleft\"/> Jeff Gott joined WaterStone as a legacy partner in 2007. Previously, he was the COO of Generous Giving, a ministry with a vision to unleash a revolution of generosity in the hearts and minds of God\'s people. In his varied career, Gott has been a marketing vice president at Thomas Nelson Publishers, an operations director for EMI Music, a manager with the worldwide consulting firm now known as Accenture in Texas and England, a missionary with Youth with a Mission in Holland and Russia and the band manager of the first western rock group to play in Mongolia. He is a board member of Steiger International, helping to direct that non-profit organization\'s efforts to impact the global youth culture. Gott holds a M.B.A. in marketing from Vanderbilt University and a B.S. from Miami University, Ohio. \n\n\n','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(37,2,'','xhtml','<i>Dig deeper </i>... explore these useful resources at WaterStone.\n\n<i>Search</i> our legal documents and determine for yourself just who WaterStone is.\n\n<i>Discover for yourself</i> what others are saying about the many planned giving solutions available and the law and regulations that influence your giving objectives.\n\n<i>Do your own math</i> on the easy-to-use gift calculator and then contact our office for more information.\n\n<i>Access</i> the forms you need to get started and to accomplish your Kingdom objectives. ','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(38,2,'','xhtml','','textile','','xhtml','','none','','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(63,2,'','xhtml','Liquid assets are comprised of cash, checks, savings accounts, certificates of deposit (CD), money market funds, Treasury bills and appreciated securities such as publicly traded stocks, bonds and mutual funds. Securities are valuable assets that can realize substantial capital gains as they appreciate in value. When deciding on gifting securities, consideration needs to be given to the original cost (cost basis) of the securities in relation to their present value (market value). The cost basis is the acquisition price, reduced by depreciation deductions and increased by improvements. When securities have increased in value, it is much more beneficial to a donor to transfer the securities to WaterStone rather than selling them. With careful planning, donors can reduce or avoid the capital gains tax while receiving a tax deduction for their charitable giving.  \n\nWhen WaterStone receives a gift of appreciated securities that have been held long term (more than one year), the gift qualifies for a charitable tax deduction based on the full market value, not just the original cost. Gifts of securities are deductible in amounts up to 30% of Adjusted Gross Income (AGI) in a given tax year. If the entire deduction is not met in the year of the gift, excess deductions can be carried forward for five additional years. When making a gift in this manner instead of selling the donated securities, all capital gains taxes are avoided. These taxes are generally charged at a 15% rate.\n\nIf the donor wishes to hold a particular portfolio of securities personally but also benefit from the tax advantages of gifting appreciate assets, the securities may be transferred to WaterStone and identical securities re-purchased with cash through his own broker. This yields an immediate income tax deduction, capital gains tax advantages, plus a new, higher basis in his favored equity position.\n  \nIf securities are reflecting losses, a donor should sell them to realize both the loss and the tax deduction. Then, a charitable deduction can be generated by donating cash proceeds of the sale to WaterStone. \n\nh3. Example:\n\nDonor gives WaterStone 1,000 shares of a publicly traded stock he has held for more than a year. The shares are currently trading at $20, producing a fair market value of $20,000. The original cost of the shares is $12,000. Assuming the donor‚Äôs income tax rate is 28%, the gift will avoid $1,200 in capital gains taxes ($8,000 x 15% capital gains tax rate) and $ 5,600 in income taxes ($20,000 x 28%) if sold outright. The total tax savings of $6,800 is more than half the donor‚Äôs net cost of $12,000 and the donor is able to make a gift of $20,000 to WaterStone.  \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(39,3,'','xhtml','Throughout our history, we have truly seen the dreams and treasures of our donors\' hearts being turned into living water. Assets have been transformed into Kingdom capacity, impacting lives around the globe. We invite you to join the WaterStone‚Ѣ fellowship and experience how God is working.','textile','','xhtml','President','none','Throughout our history, we have truly seen the dreams and treasures of our donors\' hearts being turned into living water. Assets have been transformed into Kingdom capacity, impacting lives around the globe. We invite you to join the WaterStone&trade; fellowship and experience how God is working.','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(40,3,'','xhtml','','xhtml','','xhtml','Experiencing God','none','When you see the Father at work around you, that is your invitation to adjust your life to Him and join Him in that work.','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(41,3,'','xhtml','','xhtml','','xhtml','The Stewardship Alliance, Ocoee, Florida','none','I have always enjoyed the high quality service, prompt responses, and professionalism of the WaterStone&trade; family. Their hearts are what set them apart!','xhtml','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(42,2,'','xhtml','Each member of our team has a heart for the Lord and has demonstrated agreement with the mission, vision, core values and statement of faith. Under the direction of Steve Leach, our Chief Executive Officer, and the executive leadership team, John Mulder, Jeff Gott, Bruce Harrington, and Valerie Cornelius, our staff members are passionate about helping you accomplish those things that God has laid on your heart to influence the world. ','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(43,2,'','xhtml','<i>\"...we are anxious that no one should find fault with the way we are handling this large gift. God knows we are honest, but I want everyone else to know it too. That is why we have made this arrangement.‚Äù</i>\n\np>. 2 Corinthians 8:20-21 (Living Bible) \n\nThe Bible exhorts Christians to keep their fiscal behavior beyond reproach; at WaterStone, we understand that ministry cannot always be measured by the balances shown on financial statements. We believe, however, that financial integrity and good stewardship requires relevant financial information that supports ministry objectives and reflects our common purpose. WaterStone welcomes your questions and is pleased to provide you with our most current financial information.   \n','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(53,2,'','xhtml','','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(46,2,'','xhtml','','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(47,2,'','xhtml','','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(50,2,'','xhtml','* <a href=\"/index.php?/about_us/meet_the_staff/executive_leadership_team/steve_leach\" title=\"Steve Leach\">Steve Leach</a>\n* <a href=\"/index.php?/about_us/meet_the_staff/executive_leadership_team/john_mulder\" title=\"John Mulder\">John Mulder</a>\n* <a href=\"/index.php?/about_us/meet_the_staff/executive_leadership_team/bruce_harrington\" title=\"Bruce Harrington\">Bruce Harrington</a>\n* <a href=\"/index.php?/about_us/meet_the_staff/executive_leadership_team/jeff_gott\" title=\"Jeff Gott\">Jeff Gott</a>\n* <a href=\"/index.php?/about_us/meet_the_staff/executive_leadership_team/valerie_cornelius\" title=\"Valerie Cornelius\">Valerie Cornelius</a>','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(51,2,'','xhtml','* <a href=\"joy_kurschner\" title=\"Joy Kurschner\">Joy Kurschner</a>\n* <a href=\"cheryl_dutton\" title=\"Cheryl Dutton\">Cheryl Dutton</a>\n* <a href=\"louise_feider\" title=\"Louise Feider\">Louise Feider</a>\n* <a href=\"catherine_abate\" title=\"Catherine Abate\">Catherine Abate</a>\n* <a href=\"jennifer_harvey\" title=\"Jennifer Harvey\">Jennifer Harvey</a>\n* <a href=\"gayle_perkins\" title=\"Gayle Perkins\">Gayle Perkins</a>\n* <a href=\"kathy_peoples\" title=\"Kathy Peoples\">Kathy Peoples</a>\n* <a href=\"sue_smith\" title=\"Sue Smith\">Sue Smith</a>\n* <a href=\"kathleen_hupfer\" title=\"Kathleen Hupfer\">Kathleen Hupfer</a>\n* <a href=\"diane_tapia\" title=\"Diane Tapia\">Diane Tapia</a>','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(139,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','Take an inventory. Sometimes unusual assets may have the greatest impact on personal generosity. An Octogenarian recently began a planning process that included a component of continued support of multiple ministries once he went home to be with the Lord. While that is not unusual, he was then encouraged by a Christian planner to initiate current giving to accomplish his long-term stewardship objectives. \n\nThe donor simply “fast-forwardedâ€ part of his estate plan by giving some business assets while living. The gift of closely held stock and other assets should appreciate tax free while the donor continues to support his favorite ministries from income. Funding from the gift of business assets will assist these ministries well beyond the lifetime of the donor. \n\nMany people own business and other assets that could provide assurance that their favorite ministry would receive funds for the foreseeable future. However, many donors do not think to make gifts of these assets a part of their lifetime legacy. Why don’t you take an inventory? What assets do you own that could help the ministries that God has laid on your heart? You could begin today to transform assets into living water and create ripples for generations to come.\n\n\nJohn C. Mulder, President','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(52,2,'','xhtml','* \"How do I give a donation?\":#to_here \n\nh3(#to_here). How do I give a donation? \n\nTo give a donation please make checks payable to WaterStone # (insert your Donor Advised Fund number) and send to 2925 Professional Place, Suite 201, Colorado Springs, CO 80904-8136. Please do not send currency in the mail. \n','textile','','xhtml','','xhtml','','none','','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(54,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','For one particular family, giving isn\'t an act of simply writing a check. It\'s become a way of life.\n\nThe family\'s personal assets, including commercial property, family partnerships, land and building holdings and lead trust distributions, have all been transformed into Kingdom resources of living water.\n\nThese resources, which have totaled several million dollars annually, have been distributed through their family fund on a monthly basis. Recipients have included local and global charities, new and established ministries and churches from coast to coast.\n\nThe family\'s giving has reflected a desire to invest in their local and international community for generations to come. As their own adult children take hold of their vision for giving, it has truly become a generational undertaking—many smaller streams converging for carefully defined Kingdom purposes.','textile','','none','','none','-','none','','none','','none','','none','','xhtml','','none','','xhtml'),(56,2,'','xhtml','Gayle Perkins is the client services specialist II, a position she has held since 1998. Her job responsibilities include working with clients to achieve their charitable objectives. Prior to her employment with WaterStone she served as the secretary of her church for three years. ','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(58,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','Bob Adams, registered investment advisor, has spent 26 years in the field. Although he adds to his client list regularly, most relationships have been established over time. He knows his clientele not only as clients but as friends. Because of his expertise in investing, he has made a number of his clients wealthy. After these twenty some years, many are now facing multiple tax and estate issues.\n\nBob recommends to his clients the charitable options provided through WaterStone knowing that charitable gifts made now, and later by bequest, can reduce the tax consequences while benefiting favorite charities through a Donor Advised Fund. Bob knows that he need not give up a portion of his regular compensation flow, because WaterStone will consider investment advice from his client and from him.\n\nHe knows, too, that there are real financial and time savings advantages to utilizing a Donor Advised Fund rather than a private foundation or a supporting organization.','textile','','none','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(59,4,'','xhtml','After a year of reflection, dialogue, planning and prayer, it is with excitement that the teams of Christian Community Foundation, National Foundation and Charities Support Foundation announce their new name: WaterStone. <i>The Foundation for Living. Defined.</i> \n\n‚ÄúOur name has changed, but our mission and vision remain unchanged,‚Äù said President John Mulder. ‚ÄúOur passion for serving remains unchanged. Our commitment to personal responsiveness remains unchanged. Our focus on the goals and dreams of our donors remains unchanged, but with an enhanced sense of purpose and responsibility to serve the Kingdom of God.‚Äù\n\nAnd with a new name comes the launch of this re-designed website. Complete with stories on how God is working in the lives of donors, in-depth information on solutions offered by WaterStone and calculator and application resources, the website is user-friendly and reflects the recently unveiled look the organization now employs.   \n\n‚ÄúAfter 25 years of successfully listening to the hearts of the people we serve,‚Äù Mulder said, ‚Äúthis new direction will build upon our commitment to come alongside individuals and families to realize Kingdom impact and experience God‚Äôs joy in their lifetime.‚Äù \n\nTo read a letter from President John Mulder explaining the recent changes, click <a href=\"/resources/publications/\" title=\"here\">here</a>. To view WaterStone‚Äôs brand story, click <a href=\"/about_us/brand_story/\" title=\"here\">here</a>.      \n\n\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(60,2,'','xhtml','WaterStone, Inc. (Christian Community Foundation, Inc. dba WaterStone), was incorporated in 1980 and is a tax-exempt 501&#40;c&#41;(3) public charity that helps individuals, families and businesses implement their passion for giving and achieve their charitable goals. WaterStone provides excellence in personalized charitable giving services and educational resources that make giving easy, flexible and effective through a variety of giving solutions. Donors can establish a fund at WaterStone by contributing a variety of assets and WaterStone will provide the support, information and expertise needed to receive those assets.\n  \nWhile a majority of donors make gifts of liquid assets to benefit their favorite ministry or charity, there are other gift options which may be more efficient to donate. These assets are known as non-liquid assets or hard-to-value assets because they are more complex than liquid assets such as cash or publicly traded securities which are easily transferable. These non-traditional investments are classified as anything other than cash, bank, mutual fund or annuity products.   \n\nA donor\'s charitable income tax deductions represent one of the few tax planning opportunities within the individual\'s control. Gifts of hard-to-value assets that have appreciated in value over the years can provide the donor with additional tax benefits not associated with donations of liquid assets such as cash. These assets are generally subject to long-term capital gain with a tax rate of 15% if the owner disposes of the asset.  However, when the appreciated asset is donated to WaterStone, the capital gains tax is avoided. Also, the donor receives a charitable income tax deduction for the full value of the asset.\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(64,2,'','xhtml','When individuals consider selling or transferring ownership in an appreciated non-traditional asset, they face major tax consequences. However, by supporting their favorite charitable organizations, these donors can avoid federal capital gains tax on their appreciated assets. By gifting the asset instead of selling it, charitable purposes and tax reduction or avoidance can be accomplished. \n\nFederal tax law provides tax advantages for charitable gifts depending on the type of asset given and the manner in which the gift is made. A charitable gift provides an income tax deduction for donors who itemize on their federal income tax return. The deduction is limited to 30% of AGI on gifts of appreciated assets. The assets that are the best to give are those that have increased the most in value and would result in the greatest capital gains tax if sold. Capital gains tax of 15% on any appreciated asset that is held for more than one year can be avoided by donating the asset instead of selling it. Any gift also reduces the value of an estate, resulting in a reduction in federal estate taxes due when the estate is passed on to heirs.     \n\nA gift of a non-traditional asset that has appreciated in value, has been held for more than one year and is ready to be sold can provide more benefits than a cash donation. For example, property that meets these criteria is deductible for its full fair market value and there is no capital gains tax to pay.  \n\nFor investments that have decreased in value since their acquisition date, consideration should be given to selling those assets and making a deductible gift of all or a portion of the cash proceeds. This transaction creates a loss that can be deducted from other taxable income along with any cash contributions. The amount of the deductible loss combined with the charitable deduction may actually amount to more than the current value of the donated asset. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(65,2,'','xhtml','When considering a gift of a non-traditional asset to WaterStone, it is essential to contact WaterStone early in the transfer process because of the unique characteristics of non-traditional investments. WaterStone will accept gifts that comply with WaterStone‚Äôs acceptance policies and that meet standard regulations established by the IRS. These gifts will require a comprehensive review of:\n\n* proper documentation\n* marketability\n* governance\n* qualified appraisal\n* fair market value\n* unrelated business income tax liability (UBIT)\n* legal liability, both contingent and actual\n* contractual obligations\n* tax obligations\n* shareholder and partnership rights \n* applicable restrictions and limitations on sale of the asset\n* encumbrances, debt, liens\n* administrative and legal fees\n* carrying costs such as association dues, taxes, insurance, maintenance fees \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(66,2,'','xhtml','To read a letter from President John Mulder explaining  WaterStone\'s name change, click <a href=\"{filedir_1}waterstone_letter.pdf\">here</a> for a downloadable pdf. \n\n<a href=\"/resources/publications/old_publications\" title=\"Click here\">Click here</a> for a list of archived newsletters produced by the Christian Community Foundation as well as a 2006 State of the Foundations Report. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(67,4,'','xhtml','The Board of Directors is pleased to announce that <a href=\"/about_us/meet_the_staff/executive_leadership_team/jeff_gott\" title=\"Jeff Gott\">Jeff Gott</a> has joined WaterStone as Legacy Partner, effective January 29, 2007. \n\nPreviously, Gott was the COO of Generous Giving, a ministry with a vision to unleash a revolution of generosity in the hearts and minds of God‚Äôs people. In his varied career, Gott has been a marketing vice president at Thomas Nelson Publishers, an operations director for EMI Music, a manager with the worldwide consulting firm now known as Accenture in Texas and England, a missionary with Youth with a Mission in Holland and Russia, and the band manager of the first western rock group to play in Mongolia. He is a board member of Steiger International, helping to direct that non-profit organization‚Äôs efforts to impact the global youth culture.\n\nGott holds an M.B.A in marketing from Vanderbilt University and a B.S. from Miami University, Ohio. He and his wife live in Colorado Springs. \n\n\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(89,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}WaterStone_Brand_Rationale.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(68,2,'','xhtml','* \"How do I give a donation?\":#to_give \n* \"How do I make a credit card donation?\":#to_donation \n* \"May I make a regular electronic donation directly through my bank account?\":#to_electronic \n* \"Do you accept donations of real estate, stock or other assets?\":#to_accept\n* \"When do I receive a contribution receipt?\":#to_receipt \n* \"How will I know the balance of my Donor Advised Fund?\":#to_balance \n* \"How do I request funds for a donation to a ministry or charity?\":#to_ministry \n* \"Once my distribution request is received in your office, what is the turnaround time for a check to be issued?\":#to_turnaround \n* \"How can I help a family that is in need of financial assistance?\":#to_family \n* \"What type of ministries and charities can receive donations?\":#to_charities \n* \"What types of distribution requests will not be acceptable?\":#to_notacceptable\n* \"When a donation is recommended, how will the recipient know that I recommended the gift?\":#to_recommended \n* \"May I give anonymously?\":#to_anonymously \n* \"May I recommend gifts from my Donor Advised Fund for foreign organizations or to organizations that do not have their tax-exempt status?\":#to_foreignorgs \n* \"How will the assets of my Donor Advised Fund be invested?\":#to_invested\n* \"Who is responsible for legal expenses?\":#to_expenses \n* \"What pricing apply for the \'Deferred\' Donor Advised Fund?\":#to_pricing \n* \"What is the Federal Tax Identification number of WaterStone?\":#to_identification \n* \"How can I communicate with you?\":#to_communicate \n\nh2(#to_give). How do I give a donation? \n\nTo give a donation please make checks payable to WaterStone # (insert your Donor Advised Fund number) and send to 2925 Professional Place, Suite 201, Colorado Springs, CO 80904-8136. Please do not send currency in the mail. \n\nh2(#to_donation). How do I make a credit card donation? \n\nTo charge your donation on a credit card, just provide WaterStone with the name on your card, your card number, expiration date, the 3 digit code on back of card and the amount you wish to donate.You may use  the Credit Card Form or you may call us and give us the information over the phone. \n\nh2(#to_accept). May I make a regular Electronic Donation directly through my bank account?\n \nYes, we will be happy to accept regular electronic donations. All we need is donor authorization and a voided check. Please contact our Client Services Department for more details.\n\nh2(#to_donation). Do you accept donations of real estate, business interests, stock or other assets? \n\nYes. The WaterStone passion is to help transform these types of assets into living water fit for the Kingdom of God.  Please Contact Us and our capable staff will help determine the best solution. \n\nh2(#to_receipt). When do I receive a contribution receipt? \n\nEvery donation to WaterStone will receive a tax deductible receipt, usually within two weeks of the receipt of the gift in our office. \n\nh2(#to_balance). How will I know the balance of my Donor Advised Fund? \n\nYou will receive WaterStone financial statements on a quarterly basis. These financial reports will show your balance and transactions of your fund. All investment accounts will be updated as statements are received to their current fair market value. This usually occurs the month following the investment statement date. If you wish to verify your balance at other times, please contact us. \n\nh2(#to_ministry). How do I request funds for a distribution to a ministry or charity? \n\nTo request funds for gifts is easy. Just complete a Distribution Request Form and provide the name of recipient, address, amount and the preference for the gift. \n\nh2(#to_turnaround). Once my distribution request is received in your office, what is the turnaround time for a check to be issued? \n\nChecks are issued once a week, usually on Thursday. Once the status of the charity has been verified by the WaterStone Client Services and the cash has become available in your Donor Advised Fund, the turnaround time can be less than a week. The time may vary for Donor Advised Funds with investments (which must be converted to cash) and for requests to ministries or charities that must be verified for compliance qualification. \n\nh2(#to_family). How can I help a family that is in need of financial assistance? \n\nApplications for financial assistance for families and individuals may be submitted to the Benevolent Field of Interest Fund. All applications are submitted to the Board of Directors Selection Committee for approval. Contact Client Services who will help you find the best solution to your charitable objectives.\n\nh2(#to_charities). What type of ministries and charities can receive distributions from my Donor Advised Fund? \n\nDistributions may be recommended for 501&#40;c&#41;(3) non-profit organizations and churches that are approved by our Board of Directors. \n\nh2(#to_notacceptable). What types of distribution requests will not be acceptable? \n\nWaterStone cannot authorize the distribution of charitable funds to advance atheism, humanism, homosexual lifestyles, Marxism, anti-Americanism, abortion, violence, witchcraft, or any other activity that the Executive Leadership and/or Board of Directors might at any time deem to be inappropriate, in conflict with the Statement of Faith that is ascribed to by the Board of Directors, or contrary to the purposes of WaterStone even though such purposes may be sanctioned by the Internal Revenue Service as legitimate purposes for tax-deductible donations and/or sponsored by other tax-exempt organizations. WaterStone retains the ultimate right to determine whether the request for distribution may fall into one of the above categories. \n\nOther ineligible purposes, include, but are not limited to, the following:\n* To provide private benefit to the donor or any other related individual\n* To pay dues or membership fees.\n* To purchase tickets to a charitable event or benefit, such as banquets, golf tournaments, auctions, sponsorships\n* To pay a pledge made by donor to another charitable organization.\n* To pay for school tuition—apart from an established scholarship program\n* To support charities on the terror-watch list\n* To support a political party or candidate for election\n\nh2(#to_recommended). When a donation is recommended, how will the recipient know that I recommended the gift? \n\nWith a single donation request, a WaterStone letter will accompany the gift stating your preference for the gift and your name as the recommended advisor. For recurring monthly or quarterly distribution request, a letter will be sent with the first check to the charity. \n\nh2(#to_anonymously). May I give anonymously? \n\nIf you wish to remain anonymous, just let us know by circling \"YES\" for Anonymous Gift on the distribution request form. \n\nh2(#to_foreign). May I recommend gifts from my Donor Advised Fund for foreign organizations or to organizations that do not have their tax-exempt status?\n\nGifts recommended for unqualified charitable or religious activities may be supported as an extension of the mission of WaterStone through our Grant Process. The Operations Committee of the WaterStone Board of Directors approves all grant purposes and budgets. Please contact Client Services for more details. \n\nh2(#to_invested). How will the assets of my Donor Advised Fund be invested? \n\nWaterStone invites Fund Advisors to nominate trusted financial advisors to recommend investments for their Donor Advised Fund assets on DAF\'s that maintain balances above $25,000. Normal compensation for the financial advisor is paid through the brokerage institution. Funds with $5,000 or more will receive an Indexed Money Market return.\n\nh2(#to_expenses). Who is responsible for legal expenses? \n\nDonor Advised Funds at WaterStone are responsible for any legal expenses incurred on behalf of the fund. \n\nh2(#to_pricing). What pricing applies for the \"deferred\" Donor Advised Fund? \n\nPricing for a \"deferred\" Donor Advised Fund at WaterStone is assessed only upon funding. Funding typically occurs with the settlement of the estate planned gifts.  However, many donors discover that with current giving through their Donor Advised Fund, they, too, may experience the joy of things they never imagined in their life times. \n\nh2(#to_identification). What is the Federal Tax Identification number of WaterStone?\n \nThe Federal Tax Identification number is 75-1750059.  Christian Community Foundation, Inc. dba WaterStone is the name of the legal entity.  \n\nh2(#to_communicate). How can I communicate with you? \n\nCommunication is easy. You may <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> by mail, phone, fax or e-mail. \n\nWaterStone\n2925 Professional Place Suite 201\nColorado Springs, CO 80904-8136\nVoice: 719.447.4620   Fax: 719.447.4700\nE-Mail: waterstone@waterstone.org\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','none','','none','','none','','none','','none','','xhtml','','none','','xhtml'),(70,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}waterstone_letter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(72,2,'','xhtml','* \"What type of donations may be exchanged for a gift annuity?\":#to_type \n* \"Is there a minimum value for a charitable gift annuity?\":#to_minimum\n* \"Can more than one annuitant receive payments?\":#to_annuitant \n* \"When will the annuitant(s) begin to receive gift annuity payments?\":#to_when \n* \"Do payments have to begin immediately or can they start when the annuitant retires?\":#to_payments \n* \"How will I receive my payments?\":#to_receive \n* \"Who invests the Charitable Gift Annuity funds?\":#to_invests \n* \"Can WaterStone provide preliminary gift annuity calculations?\":#to_prelim \n* \"How do I initiate a Charitable Gift Annuity?\":#to_initiate \n\nh2(#to_type). What type of donations may be exchanged for a gift annuity? \n\nGifts of cash and securities may be exchanged for a Charitable Gift Annuity. Non-cash assets will be immediately sold and invested. \n\nh2(#to_minimum). Is there a minimum value for a charitable gift annuity? \n\nYes, the WaterStone Board of Directors has established a $25,000 minimum in order to enter a Charitable Gift Annuity agreement. \n\nh2(#to_annuitant). Can more than one annuitant receive payments? \n\nIRS regulations require that no more than two annuitants are to receive payments. However, most often, a Charitable Gift Annuity is written for the lives of both spouses. Another attractive feature of the charitable gift annuity is the ability to include others who are important to you. You may purchase a gift annuity to provide for a child with special needs or to provide for the long term needs of parents. \n\nh2(#to_when). When will the annuitant(s) begin to receive gift annuity payments?\n \nIf an \"immediate\" annuity is preferred, annuity payments will begin the end of the first payment period. Most of our donors request quarterly payments. The annuitant can expect payments by the last day of the quarter. \n\nh2(#to_payments). Do payments have to begin immediately or can they start when the annuitant retires? \n\nPayments may begin at a later date. This is called a \"deferred payment gift annuity.\" Because the payments are deferred, they may be higher than the payments for an immediate annuity. This option may be very attractive to those who do not need income now but wish to plan for retirement.\n\nh2(#to_receive). How will I receive my payments?\n\nMost annuitants prefer their payments to be deposited directly into their bank account. All we need is a voided check with the authorization form signed by the annuitant and payments will be deposited on the last business day of the payment period.  Contact our office for the proper form.\n\nh2(#to_invests). Who invests the Charitable Gift Annuity funds? \n\nThe Investment Committee of the Board of Directors, is directly responsible for the appropriate investment of all gift annuity funds. Because WaterStone assumes the investment risk and all responsibility for the lifetime payments to the annuitants, the asset allocation for the prudent investment of the funds is decided by the Investment Committee. WaterStone also considers investment recommendations (compatible with the Investment Committee\'s selections) from the donor\'s professional investment advisor or from the Charity Advisor. \n\nh2(#to_prelim). Can WaterStone provide preliminary gift annuity calculations? \n\nYes, WaterStone provides Deduction Calculations utilizing Crescendo Software and based on the American Council on Gift Annuities rate. We are happy to sponsor a link, where you may access Crescendo\'s online calculator at no charge. If you prefer, you may <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> and we will be pleased to provide calculations specific to your situation. Please provide the following information: \n* Donor/Annuitant Name \n* State of Residence \n* Annuitant Birth date(s) \n* Gift Type \n* Gift Value \n* Cost Basis \n* Payment Commencement \n* Payment Frequency \n\nh2(#to_initiate). How do I initiate a Charitable Gift Annuity?\n\nIn order to initiate a Charitable Gift Annuity, simply complete and sign the Charitable Gift Annuity Application and include your check (if considering a cash gift) or <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> regarding gifts of mutual funds or securities. The donor signs the application and sends it to our office. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(73,2,'','xhtml','* \"Why should I use WaterStone Support Foundation?\":#to_use \n* \"Just what does the trustee do?\":#to_trustee \n* \"Is the grantor allowed to serve as his own trustee?\":#to_grantor \n* \"Does WaterStone Support Foundation replace the grantors\' legal and tax advisors?\":#to_replace \n* \"What\'s the next step?\":#to_next \n* \"What is the Federal Tax Identification number of WaterStone Support Foundation?\":#to_number \n\nh2(#to_use). Why should I use WaterStone Support Foundation? \n\nEvery charitable trust must have a trustee. The responsibility of the trustee is to complete the legal and technical terms of the trust. These fiduciary responsibilities are legal promises to the grantor, the Internal Revenue Service, and the charities which will be benefited as a result of the grantors\' generosity when the trust terminates. WaterStone Support Foundation serves in this important role as trustee. \nAdditionally, using WaterStone Support Foundation as trustee in conjunction with a family Donor Advised Fund at WaterStone allows the grantor to add maximum flexibility to their charitable beneficiaries selection. As grantors\' interests expand and change, charitable beneficiary preference may be modified with a simple letter of advisement to WaterStone. \n\nh2(#to_trustee). Just what does the trustee do? \n\nWhen WaterStone Support Foundation serves as the trustee of a charitable trust, it takes care of all the tasks necessary to achieve the charitable objectives that the grantor and his estate planner drafted in the trust including:\n<i>\nManagement of gifts to the trust.</i> Instead of cash, the grantor may wish to give securities, real estate, or other assets to fund the trust. WaterStone Support Foundation converts the trust assets to cash. The grantor and the professional advisor may be involved in this process, or these details may be left to WaterStone Support Foundation. Additionally, if the gift requires interim management, such as for commercial real estate, the grantor may desire to continue to provide management assistance for the asset until it is sold. \n\n<i>Investment of trust funds. </i>WaterStone Support Foundation invests the funds to provide income for the trustors and growth for the trust in order to leave a substantial gift for the grantors��� favorite charities.  Within approved guidelines, grantors may recommend investment strategies or nominate their own investment advisors for investment of trust assets. Other grantors may wish to rely solely upon the expertise of WaterStone Support Foundation and its Investment Committee. \n\n<i>Administration. </i>WaterStone Support Foundation will provide and supervise the administration of charitable trust, which includes:\n* Distributions to income beneficiaries\n* Valuation of trust assets at the beginning of each trust year\n* Allocation of trust earnings (4-tier accounting system)\n* Accounting for trust investment activity\n* Annual reports\n* Annual tax returns\n* Annual schedule K-1\n* Review and evaluation of trust performance\n* Work with grantor\'s tax preparer regarding deductions, contributions, etc. \n\nh2(#to_grantor). Is the grantor allowed to serve as his own trustee? \n\nYes. However, most people prefer a third party administrator like WaterStone Support Foundation to  manage the trust details.  If the grantors wish to serve as their own Trustees, they generally name WaterStone Support Foundation as Successor Trustee, to serve when the grantor no longer wishes to administer these responsibilities. \n\nh2(#to_replace). Does WaterStone Support Foundation replace the grantors\' legal and tax advisors? \n\nNot necessarily. Our grantors often prefer using their own attorney to draft the trust documents according to the grantors\' specifications and in compliance with applicable state and federal regulations. The grantors\' tax advisors will continue to prepare personal tax returns.  WaterStone Support Foundation prepares the Trust Tax Return (Forms 1041A and 5227, and K1���s) as well as all other necessary trust reports.\n\nh2(#to_next). What\'s the next step? \n\nComplete the estate, financial and charitable planning begun.  Share a draft of the proposed trust documents with WaterStone Support Foundation for our review. Talk with the tax advisor about tax deductions and charitable trust advantages. Involve the family in the charitable objectives, and finally, Contact Us for our assistance in transforming preliminary objectives into realized charitable objectives. \n\nh2(#to_number). What is the Federal Tax Identification number for WaterStone Support Foundation?\n \nThe Federal Tax Identification number for WaterStone Support Foundation is 84-1430063. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(74,2,'','xhtml','* \"May our donors make donations of real estate, business interests, stock or other assets into our Charity Advised Fund?\":#to_donors\n* \"How will we know the balance of our Charity Advised Fund?\":#to_balance \n* \"How will our fund be invested?\":#to_invested\n* \"Once our distribution request is received in your office, what is the turnaround time for a check to be issued?\":#to_turnaround \n* \"When a donation is received into our Charity Advised Fund, will we know the donor of the gift?\":#to_gift \n* \"How can I communicate with you?\":#to_communicate \n\nh2(#to_donors). May our donors make donations of real estate, business interests, stock or other assets into our Charity Advised Fund? \n\nYes. The WaterStone passion is to help transform these types of assets into living water useful for the Kingdom of God. Please <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> and our capable staff will help determine the best solution to meet your donors’ needs. \n\nh2(#to_balance). How will we know the balance of our Charity Advised Fund? \n\nOnce funded, you will receive financial statements and a donor report on a quarterly basis. These reports will show the balance and transactions of the fund. If you wish to verify the balance at other times, please <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a>.\n\nh2(#to_invested). How will our fund be invested? \n\nWaterStone invites charity Fund Advisors to recommend investments for funds with balances of $25,000 or greater, or to nominate trusted financial advisors to recommend investments for their Charity Advised Fund assets (subject to the review of the Board of Directors). Normal compensation for the financial advisor is paid through the brokerage institution. \nFunds with $5,000 or more will receive an Indexed Money Market return.\n\nh2(#to_turnaround). Once our distribution request is received in your office, what is the turnaround time for a check to be issued? \n\nChecks are issued once a week, usually on Thursday. Once the status of the charity has been verified by the WaterStone Client Services and the cash has become available in your Charity Advised Fund, the turnaround time can be less than a week. The time may vary for Funds with investments, which must be converted to cash. \n\nh2(#to_gift). When a donation is received into our Charity Advised Fund, will we know the donor of the gift? \n\nWaterStone mails a quarterly Donor Report that will list donor names, unless a donor wishes to remain anonymous. When gifts are received from estate settlements, Charitable Gift Annuity agreements, or other planned giving documents, you will be contacted by the WaterStone Client Services Department. \n\nh2(#to_communicate). How can I communicate with you?\n \nCommunication is easy. You may <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> by mail, phone, fax or e-mail.\n\nWaterStone\n2925 Professional Place Suite 201\nColorado Springs, CO 80904\nVoice: 719.447.4620   Fax: 719.447.4700\nE-Mail: waterstone@waterstone.org\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(78,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}2004_4th_Qtr_Newsletter.pdf\">2004 Fourth Quarter Newsletter</a>','none','','none','','none','','xhtml','','none','','xhtml'),(77,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}2004_First_Quarter_Newsletter.pdf\">2004 First Quarter Newsletter</a>','none','','none','','none','','xhtml','','none','','xhtml'),(79,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}2005_1st_Qtr_Newsletter.pdf\">2005 First Quarter Newsletter</a>','none','','none','','none','','xhtml','','none','','xhtml'),(80,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}2006_1St_Qtr_Newsletter.pdf\">2006 First Quarter Newsletter</a>','none','','none','','none','','xhtml','','none','','xhtml'),(81,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}2006_4th_Qtr_Newsletter.pdf\">2006 Fourth Quarter Newsletter</a>','none','','none','','none','','xhtml','','none','','xhtml'),(82,7,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','<a href=\"{filedir_1}CCFSTATE_OF_2006.pdf\">2006 State of the Foundations Report</a>','none','','none','','none','','xhtml','','none','','xhtml'),(83,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}Distribution_Request_Form1.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(84,2,'','xhtml','* \"How do I give a donation?\":#to_give\n* \"Do Ministry Charity Projects have non-profit status?\":#to_status\n* \"If I\'m unable to provide funding for the ministry and charitable work close to my heart, may I ask others to donate to my Ministry Charity Project?\":#to_ask\n* \"Does WaterStone receive credit card donations?\":#to_creditcard \n* \"Can donors have their donations electronically deducted from their bank account?\":#to_electronically \n* \"Do you accept donations of real estate, business interests, stock or other assets?\":#to_assets \n* \"Do donors receive a contribution receipt?\":#to_receipt\n* \"How will I know the balance and names of donors who donated to my Ministry Charity Project?\":#to_balance \n* \"How do I request reimbursement for my MCP expenses?\":#to_reimbursement\n* \"How do I request funds for a distribution to a ministry or charity?\":#to_request \n* \"Once my distribution form is received in your office, what is the turnaround time for a check to be issued?\":#to_distribution \n* \"How can I help a family that is in need of financial assistance?\":#to_family\n* \"What type of ministries and charities can receive distributions from my MCP?\":#to_type \n* \"Can a MCP pay compensation for services performed to benefit the charitable purpose?\":#to_compensation\n* \"What types of distributions will not be approved?\":#to_notacceptable \n* \"When a donation is recommended, how will the recipient know that I recommended the gift?\":#to_recommended \n* \"May I give anonymously?\":#to_anonymously \n* \"May I recommend gifts from my Ministry Charity Project for foreign organizations or to organizations that do not have their tax-exempt status?\":#to_recommend\n* \"How will the assets of my MCP be invested?\":#to_invested \n* \"Who is responsible for legal expenses?\":#to_expenses \n* \"What is the Federal Tax Identification number of WaterStone?\":#to_tax \n* \"How can I communicate with you?\":#to_communicate \n\nh3(#to_give). How do I give a donation?\n\nTo give a donation, please make checks payable to WaterStone # (insert your Ministry Charity Project number) and send to 2925 Professional Place, Suite 201, Colorado Springs, CO 80904-8136. \n\nh3(#to_status). Do Ministry Charity Projects have non-profit status?\n\nUnder WaterStone\'s tax exempt umbrella, you have non-profit status.  WaterStone���s unique structure and operation lends this status without spending the time and money on legal work, accounting, government filings, office rental and administrative support. The relationship of a Ministry Charity Project and WaterStone is a legal relationship based on strict compliance with the letter and the spirit of the law, IRS codes and regulations and WaterStone policies. See your Operations Manual for disclosure information required on all materials, brochures, correspondence and websites.\n\nh3(#to_ask). If I\'m unable to provide funding for the ministry and charitable work close to my heart, may I ask others to donate to my Ministry Charity Project?\n\nYour approved MCP is available to receive donations from multiple donors.  Newsletters, special events and websites are valuable methods for telling others about the ministry and charitable work you are passionate about.  All proposed marketing materials and written communications must be presented for approval prior to printing and distribution. The Operations Manual has valuable information and forms about fund-raising. All donations must be received at the WaterStone office unless prior approval is given for a specific purpose or special event.  \n\nh3(#to_creditcard). Does WaterStone receive credit card donations? \n\nYes, credit card donations are accepted.  Just ask donors to provide WaterStone with the name on their card, card number, expiration date, the 3 digit code on back of card and the donations amount. You may use the Credit Card Form or you may call us and give us the information over the phone. \n\nh3(#to_electronically). Can donors have their donations electronically deducted from their bank account? \n\nYes, we will be happy to accept regular electronic donations. All we need is donor authorization and a voided check. Please contact our Client Services for more details.\n\nh3(#to_assets). Do you accept donations of real estate, business interests, stock or other assets? \n\nYes. The WaterStone passion is to help transform these types of assets into living water fit for the Kingdom of God.  Please Contact Us and our capable staff will help determine the best solution. \n\nh3(#to_receipt). Do donors receive a contribution receipt? \n\nA tax deductible receipt is issued for every WaterStone donation, usually within two weeks of the receipt of the gift in our office. \n\nh3(#to_balance). How will I know the balance and names of donors who donated to my Ministry Charity Project? \n\nYou will receive WaterStone financial statements and donor reports on a monthly basis. These reports will show your balance and transactions of your project and provide a list of donors and donations received. All investment accounts will be updated as statements are received to their current fair market value.  This usually occurs the month or quarter following the investment statement date. If you wish to verify your balance at other times, please contact us. \n\nh3(#to_reimbursement). How do I request reimbursement for my MCP expenses?\n\nAs Project Manager, you may request reimbursement for expenses incurred from pre-approved ministry and charitable activities.  Every request must include the purpose and justification for payment to include complete and detailed original back-up documentation. See your Operations Manual for Event and Travel Record Approval and Reimbursement forms. Contact Client Services for more information.   \n\nh3(#to_request). How do I request funds for a distribution to a ministry or charity? \n\nTo request funds for gifts is easy. Just complete a Distribution Request Form and provide the name of recipient, address, amount and the preference for the gift. \n\nh3(#to_distribution). Once my distribution form is received in your office, what is the turnaround time for a check to be issued?\n \nAfter your distribution request is approved, checks are issued weekly, usually on Thursday. The turnaround time can be less than a week. The time may vary for MCPs with investments (which must be converted to cash) and for requests to ministries or charities that must be verified for compliance qualification. Reimbursement requests with appropriate back-up and verification are also processed quickly.  \n\nh3(#to_family). How can I help a family that is in need of financial assistance? \n\nMinistry Charity Projects with approved benevolent purposes may assist families in need. Benevolent MCPs have specific criteria for acceptance. Please contact Client Services prior to application to discuss financial details and situation causing financial need. \n\nApplications for financial assistance for families and individuals may be submitted to the Benevolent Field of Interest Fund. All applications are Board of Directors Selection Committee for approval. Contact Client Services who will help you find the best solution to your charitable objectives.\n\nh3(#to_type). What type of ministries and charities can receive distributions from my MCP? \n\nDistributions may be recommended for 501&#40;c&#41;(3) non profit organizations and churches that are approved by our Board of Directors. \n\nh3(#to_compensation). Can a MCP pay compensation for services performed to benefit the charitable purpose?\n\nWaterStone offers employment at the recommendation of the Project Manager to those who regularly perform administrative duties. In some cases contracted service agreements are used to pay independent contractors for services that benefit the MCP charitable purpose.  \n\nh3(#to_notacceptable). What types of distributions will not be acceptable? \n\nWaterStone cannot authorize the distribution of charitable funds to advance atheism, humanism, homosexual lifestyles, Marxism, anti-Americanism, abortion, violence, witchcraft, or any other activity that the Executive Leadership and/or Board of Directors might at any time deem to be inappropriate, in conflict with the Statement of Faith that is ascribed to by the Board of Directors, or contrary to the purposes of WaterStone even though such purposes may be sanctioned by the Internal Revenue Service as legitimate purposes for tax-deductible donations and/or sponsored by other tax-exempt organizations. WaterStone retains the ultimate right to determine whether the request for distribution may fall into one of the above categories. \n\nOther ineligible purposes, include, but are not limited to, the following:\n* To provide private benefit to the donor or any other related individual\n* To pay dues or membership fees.\n* To purchase tickets to a charitable event or benefit, such as banquets, golf tournaments, auctions, sponsorships\n* To pay a pledge made by donor to another charitable organization.\n* To pay for school tuition—apart from an established scholarship program\n* To support charities on the terror-watch list\n* To support a political party or candidate for election\n\nh3(#to_recommended). When a distribution is recommended, how will the recipient know that I recommended the gift? \n\nWith a single distribution request, a WaterStone letter will accompany the gift stating your preference for the gift and your name as the Project Manager. For recurring monthly or quarterly distributions, a letter will be sent with the first check to the charity. \n\nh3(#to_anonymously). May I give anonymously? \n\nIf you wish to remain anonymous, just let us know by circling \"YES\" for Anonymous Gift on the distribution request form. \n\nh3(#to_invested). May I recommend gifts from my Ministry Charity Project for foreign organizations or to organizations that do not have their tax-exempt status?\n\nGifts recommended for unqualified charitable or religious activities may be supported as an extension of the mission of WaterStone through our Grant Process. The WaterStone Board of Directors reviews all grant purposes and budgets. Please contact Client Services for more details. \n\nh3(#to_invested). How will the assets of my MCP be invested? \n\nWaterStone invites Project Managers to nominate trusted financial advisors to recommend investments for MCP asset balances above $25,000. Normal compensation for the financial advisor is paid through the brokerage institution. \n\nh3(#to_expenses). Who is responsible for legal expenses?\n \nMinistry Charity Projects at WaterStone are responsible for any legal expenses incurred on behalf of the fund. \n\nh3(#to_tax). What is the Federal Tax Identification number of WaterStone?\n \nThe Federal Tax Identification number is 84-143-0063. The legal name is WaterStone Support Foundation, however, for donor convenience, checks payable to WaterStone are accepted. \n\nh3(#to_communicate). How can I communicate with you? \n\nCommunication is easy. You may <a href=\"/contact/\" title=\"Contact Us\">Contact Us</a> by mail, phone, fax or e-mail. \nWaterStone\n2925 Professional Place Suite 201\nColorado Springs, CO 80904-8136\nVoice: 719.447.4620   Fax: 719.447.4700\nE-Mail: waterstone@waterstone.org','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(90,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}Grant_Application.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(102,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Distribution_Form.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(113,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Application.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(255,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Contracted_Services_Agreement.pdf','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(97,4,'','xhtml','Short for time? <a href=\"{filedir_1}Waterstone_StoryTE3.ppt\">Click here</a> to get the WaterStone overview in 3 minutes.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(133,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2007_4th_Qtr_Newsletter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(104,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_EVENTTRAVEL_APPROVAL.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(105,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_EVENTTRAVEL_REIMBURSEMENT.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(106,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Fund_Raising_Approval_Form.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(107,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Fund_Raising_Evaluation_Report.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(109,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Multiple_Donation_Deposit_Form.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(110,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Petty_Cash_Reconciliation_Form.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(111,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Volunteer_or_Participant_Agreement.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(112,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Donor_Return_Form.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(115,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','John and his wife recognized they had been blessed in order to be a blessing to others.  But how useful could 221 acres of undeveloped land in the Rocky Mountains be to charities in urban Alabama? They knew they needed help to transform assets God had entrusted to them … Colorado mountain property … into something that could be used to support the things of God in their own community.\n\nSo John and his wife joined an elite fellowship of givers at WaterStone who are mobilized around a common passion and purpose. The experienced WaterStone staff helped in the gift transfer of ownership and sale of the 221 acres through their family Donor Advised Fund program. The process included holding a note for the local land developer who purchased the land.\n\nOnce the real estate was converted, then the fun began for the pair…selecting the ministry programs to advance. Over the years they supported various churches and local ministries. They had a “historyâ€ with pro-life pregnancy centers and more recently felt God call them to invest in the transformation of a local Pregnancy Resource Center into an ultrasound equipped Women’s Medical Center.\n\nHowever, they wanted anonymity! So they asked WaterStone to step in, through Focus on the Family, to arrange for the new equipment and the specialized medical training necessary for the full conversion.\n\nWomen’s Medical Center reported that the very first patient, on the morning that the center opened, pointed to her baby’s heartbeat on the monitor, “tears began to roll down her cheeks. It was at that moment that she said she couldn’t go through with the abortion - she would carry and keep the baby.â€\n','textile','','none','<img src=\"{filedir_1}rocky_mountains.jpg\" style=\"border: 0;\" alt=\"image\" width=\"250\" height=\"163\" />','none','left','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(116,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','WaterStone is in the business of transforming assets into living water. We embrace the challenge of receiving non-traditional assets and enjoy sharing the success stories. The following story is one such success involving the gift of artwork. \n\n<b>Begin With the Right Palette</b>\nGary and Esther Woodmen (not their real names) own an art gallery that the Lord has abundantly blessed. Being generous givers, the Woodmens decided they would give something they love: artwork from a world-renowned artist whose works the Woodmen’s routinely sell. Their professional advisor, Todd, put them in contact with WaterStone in 2001. \n  \n<b>Strokes of Inspiration</b>\nTogether, Gary and Esther worked with WaterStone to convert their gift of color into streams of living water. At the same time, Gary and Esther set out to find Kingdom opportunities to invest in. After attending a presentation on how to fund the building of water wells in Africa, Gary and Esther decided to invest in the gift of water for those who don’t have access to this most basic necessity. Arrangements were made for WaterStone to transfer the assets to a ministry that could auction the donated artwork and use the proceeds to fund the building of wells.   \n\n<b>Marketing the Joy</b>\nGary and Esther have continued to systematically endow their WaterStone Donor Advised Fund with a goal of donating millions more in assets by 2015. They were inspired by an article in a past WaterStone newsletter to train up the next stewards by involving their family in the giving process. They firmly believe that stewardship is caught, not taught. Now, every Thanksgiving, they gather together their children and “go shoppingâ€—not for Christmas bargains, but for ways to invest in the Kingdom. \n\n<b>Thirsty, Not Starving, Artists</b>\nThe thirst for joy slaked by Gary and Esther’s generosity is clearly evident in their countenance as they share about their giving journey. Gary affirms a quote he recently heard and intends to live by: “I don’t think it is a sin to live rich, but it is a sin to die rich.â€ Having successfully utilized WaterStone to help them turn their assets into living water—literally—they will continue to drink deeply from the well of generosity. \n','textile','','none','<img src=\"{filedir_1}art_gallery.jpg\" style=\"border: 0;\" alt=\"image\" width=\"189\" height=\"250\" />','none','left','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(117,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','If we permit Him, God takes us through a life process of changing our minds through the power of His Holy Spirit and making them more like His. Here at WaterStone, we are watching that change begin, that transforming of the mind. \n\nAt one time, every call received at WaterStone was to discuss one of the many available giving tools … Charitable Gift Annuities, Charitable Trusts, Donor Advised Funds. Now we find that more and more conversations center on thinking outside the box, helping advisors think differently about their clients’ giving and finding the solution which responds to God’s invitation to join Him. \n\nAs 15 professional advisors networked together recently at a WaterStone-sponsored event, <i>Beyond Belief</i>, they were inspired by how God is changing people and cultures around the world … Uganda, Colombia, the Islands of Fiji and our own communities. These advisors were charged with encouraging their clients to watch where God is moving and then working with them to creatively transform their assets into living water … a resource that restores, renews and revives. \n\nOther thoughts shared at the <i>Beyond Belief</i> event included:\n* I especially enjoyed the global perspective you presented—it was very different from anything else I have attended. You have expanded my world and my thinking about what God is doing. \n* We must break down idolatry of possessions and things!\n* Our differences can be our strength, allowing God to speak to us in different ways.\n* Desperation drives us to unity and to God. \n* We are just not thinking big enough!\n* Transformation is God manifesting on earth what is in heaven.\n* Will we become divine change agents or garden variety business consultants?\n* We must put ourselves in an impossible place in order to experience God’s transforming presence and grace.\n* We are going to have to seek what God cares about because our interests and His may not be the same!\n* We must not drive God away by hesitating!\n* We want to continue to network with other advisors so that together we might impact the Kingdom.\n* I see that WaterStone may have a prophetic role in these times.\n\nWe encourage you to explore the opportunities available at WaterStone to join a fellowship of professional advisors seeking transformed minds.\n','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(125,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','In May, a handful of you in the WaterStone fellowship of givers joined with over 100,000 other donors to see the completion of a dream…the fulfillment of a passion to help build the first state-of-the-art 60,000 square foot Creation Museum.  A museum, which will substantiate the truth of scripture for many generations to come and which according to one visitor, “is bigger than anyone would have expected.â€  \n\nThe new museum just outside of Cincinnati, Ohio, demonstrates the truth of the Bible particularly in its account of creation. It presents a fully engaging, unparalleled sensory experience. \n\nVisitors take a walk through time; stroll through the Garden of Eden with the dinosaurs; consider the Tree of the Knowledge of Good and Evil; listen and watch an animatronics discussion about building the Ark; evaluate for themselves the cataclysmic effects of the flood; study the Tower of Babel and its significance from a Biblical standpoint and discover for themselves the truth of “In the beginning, God created…â€  \n\nWaterStone, in fulfilling its passion to help transform assets into living water, helped transform over $1.5 million into this “world classâ€ $27 million Creation Museum.  This represents streams of life-giving water coming together to ripple throughout all generations.\n','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(118,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','h2. Mary\'s Story\n\nMary is a 38-year-old woman with HIV who left her husband when he refused to be tested. She has two teenage boys, each at the top of his class. After months of painful swallowing and weight loss, she went to Kijabe Hospital, an hour north of Nairobi, Kenya. Blood work indicated advanced AIDS. After treatment for yeast infection of the esophagus, Mary was given HIV medication. At first, she was paying the majority of the cost, but over time she has required more assistance from the Kijabe HIV Patient Fund. After three years of medication, she has gained almost 40 pounds. She has had no further HIV complications. She continues to work and to send her boys to school.\n\nh2. Margaret\'s Story\n\n<img src=\"{filedir_1}margaret_4_story.jpg\" style=\"border: 0;\" alt=\"image\" width=\"175\" height=\"162\" class=\"floatright\" /> Margaret came to Kijabe Hospital when she was 17 weeks pregnant and very wasted from HIV. She also had tuberculosis. She spent a month in the hospital and started antiretroviral medicines. She would eventually give birth to a baby son, whom she named Fielder, after her doctor. Margaret is now healthy and her son is HIV-negative.\n\nh2. Josphat and Elizabeth\'s Story\n\n<img src=\"{filedir_1}josphat_family_4_story.jpg\" style=\"border: 0;\" alt=\"image\" width=\"200\" height=\"117\" class=\"floatleft\" /> Josphat and Elizabeth are both HIV-positive, as is their five-year-old son. Elizabeth started receiving care and antiretroviral drugs from Kijabe when she was pregnant. She later delivered a healthy baby girl. Because Elizabeth was able to control the HIV virus by using her medicines correctly, her baby girl is HIV-negative. Josphat is leader of the local support group and Elizabeth provides home-based care and adherence counseling to her fellow patients. \n\nNow, replicate these stories 2000 times and you are able to see the life transforming effect of the HIV care program of the Fielder Medical Assistance Foundation, a Ministry Charity Project of WaterStone. For more information, <a href=\"http://www.fieldermedicalassistance.org\" title=\"www.fieldermedicalassistance.org\">www.fieldermedicalassistance.org</a>.\n','textile','','none','<img src=\"{filedir_1}mary_4_story.jpg\" style=\"border: 0;\" alt=\"image\" width=\"175\" height=\"157\" />','none','left','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(126,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','Unless you have experienced the sudden, unexpected death of a loved one, it is impossible to imagine the pain and the loss.  How does one cope?\n\nThis spring, WaterStone began working with a missionary teacher whose spouse had suffered severe injury and ultimately death as a result of an automobile accident in Eastern Europe.\n\nTo honor and remember her husband who had spent a lifetime teaching on the mission field, she envisioned a missionary teachers’ award program in his name and funded by those who knew and loved him best.  WaterStone eagerly agreed, desiring to help her achieve her passion while meeting the regulatory requirements for charitable activity.\n\nAlthough the program is still young, four recipients were recently chosen for awards. Winners were selected from applications submitted by Christian teachers going this fall to an overseas mission field with a U.S. non profit organization.\n\nAs one applicant shared regarding the teaching opportunity God has given her in Vienna, “…the teachers have an absolutely amazing window of opportunity to impact these (non-Christian) students’ lives for eternity as they weave life-changing Bible truths and the hope of redemption through Christ into the subject matter of each classroom.â€\n\nAlthough one man’s life was cut short, WaterStone is enabling his legacy of spreading the Gospel as a Christian teacher to continue through others around the world.\n','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(127,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','What do the following cities have in common?\n\nMindanao, Philippines\nPhnom Penh, Cambodia\nSalavery, Peru\nChiapas, Mexico\nBangui, Central African Republic\n\nThe answer is orphans and you. You, who are a part of our WaterStone fellowship that has been captured by the passion to “care for the orphansâ€…children destitute and homeless because of AIDS, poverty, natural disaster and war. \n\nMany of you have personally visited the orphanages, talked with the ardent care givers, and held the children. You have looked into once haunted eyes that are now transformed by the love and care of a family and the safety of a roof and four walls. Within these walls children learn of the One who said, “Suffer the little children to come unto me, and forbid them not ...â€   \n\nThrough WaterStone, you have funded these orphanages by the transformation of a variety of your wealth assets, including business interests and other highly appreciated personal assets, second generation wealth, private foundation distributions and community fund raisers.\n\nWaterStone has made it possible for you all to experience new joy and pleasure in your giving and in living out  your faith as in James 1:27 \"Religion that God our Father accepts as pure and faultless is this: to look after orphans and widows in their distress and to keep oneself from being polluted by the world.\"\n','textile','','none','<a href=\"{filedir_1}New_Picture.png\">New_Picture.png</a>','none','right','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(129,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}GA_Application.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(130,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}GA_Application.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(134,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2008_1st_Qtr_Newsletter_-_small.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(149,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Application.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(136,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2008_Year_End_Newsletter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(138,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2007_year-end_newsletter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(140,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','When foreigners came to visit WaterStone givers, Bill and Sarah, they let the guests experience their routine: building their lake house, renovating their suburban home, and getting their cars serviced. Before the guests left, Sarah asked if they were sad to leave. One sincerely replied, “I would never want to be an American. You devote all of your time caring for your many things and accumulating more.â€ \n\nGod used that comment to challenge Bill and Sarah’s stewardship of affluence. They felt prompted to “test Godâ€ by listing their lake house. It sold within a month, affirming to them they were to downsize. \n\nGod challenged Bill and Sarah’s stewardship of influence by prompting them to move into an inner-city community home for over two years to mentor Christian college students. The experience was like living in an Acts 2 community where God taught Bill and Sarah to relinquish control. \n\nGod began to reshape their thinking. Instead of “How much do we give God?â€, the question became “How much of God’s resources do we keep for ourselves?â€ As they prepared to vacate the community home, they felt prompted to sell their home in the suburbs, buy a home in the inner city and invest the proceeds in a Christian youth camp. \n\nBill says, “When we give away $1,000 to a Kingdom cause, to the world our net worth appears to decrease. But our net worth is really God’s. So when we invest that $1,000 in a Kingdom cause, our balance sheet in fact reflects $30,000, $60,000 or $100,000 as in Jesus’ parable of the talents. One day we will do “high fivesâ€ with those who came to know Jesus as a result of that youth camp.â€\n\n\nJeff Gott, Legacy Partner','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(141,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','How can we recognize transformation of an advisory practice when it is happening? How do we measure it? What happens when we move from a fairly typical practice in a post-Christian culture simply helping people to do more of what they want personally, while we grow our business and meet our needs—into a “full onâ€ passion for reflecting God’s love and honoring him in each and every aspect of the practice? \n\nThe transformation begins within through humbling and dying to self while filling the heart with God’s word (Phil 2). The Bible provides instruction on how the Kingdom really works, including a growing understanding that God owns it all and takes joy in how well we manage and help others carry out their God given direction. Transformation is often a discovery process which can require weeks, months or years to draw the focus to helping people develop clarity regarding God’s plans for their lives (Eph 2:10). God-given vision, values, and goals are revealed through patiently seeking His direction from scripture and prayer. \n\nOur office culture is one of regular devotions and daily prayer over each work space—some know it as “walking the four cornersâ€ praying over each staff member. There is genuine concern on the part of staff for each other, for clients, and for vendors. We have prayer calendars to remind us of client and staff birthdays, anniversaries and special needs. \n\nThe Lord has opened the eyes of our hearts to the deep blessing of giving and sharing. Clients’ eyes and feet are moving to look for and implement charitable options such as those offered through WaterStone. Many are moving to improve stewardship efficiencies through charitable tools while assuring provision for family (I Tim 5:8). The evidence of transformation is found in our clients’ hearts, our staff’s hearts and our own hearts.\n\n\nJim Fisher, Principal, Trinity Financial Partners','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(145,5,'','xhtml','','xhtml','','xhtml','','xhtml','','none','Frequently, WaterStone is privileged to accept assets and process gifts that other charities cannot. Such was the case with David and Rebekah White, WaterStone givers with a heart for “Legacy. Redefined.â€ The Whites wanted to bless their alma mater with a showcase facility that would benefit students for years to come. \n\nThe Whites desired to fund the multi-million-dollar project using their ownership interest in a Master Limited Partnership (MLP). However, the MLP units could not be liquidated immediately due to extenuating circumstances. Unfortunately, the university was unable to hold this type of security due to the university’s investment policy restrictions. \n\nWaterStone was able to help the Whites and their alma mater by converting their asset into living water in a way that addressed the uniqueness of the gifting circumstances. WaterStone agreed to receive the donation of MLP units and hold the securities for a season. Over time, the units will be liquidated and distributions will be made at the White’s advice to their favorite charities including the university. \n\nThis was a win-win for everyone. \n• The university is delighted to receive the gift in 12 equal installments. \n\n• The Whites were able to delay a percentage of their gift into the next tax year, thus extending the life of their income tax excess contribution carry-forward. \n\n• Looking ahead, other charitable interests of the Whites will benefit from their generous MLP gift transformed through WaterStone. \n\nAlthough the transaction was an opportunity for learning, it is the special relationship that WaterStone has with the White family that made the learning a pleasure and released the living water of the White’s legacy.\n\nJeff Gott, Legacy Partner\n','textile','','none','','none','-','none','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(147,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}APP_CGA_WATERSTONE.pdf{filedir_1}APP_CGA_WATERSTONE.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(148,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}APP_CGA_WATERSTONE.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(152,2,'','xhtml','Kathleen Hupfer began working with WaterStone in July 2011 as an Executive Administrative Assistant.  Her responsibilities include assisting members of the Leadership Team and the Client Services Department; state registration business license compliance; data entry of contributions and other incoming monies.  Her varied educational and work experiences have resulted in positions in the health, business, and financial industries.  She is a proponent of “Life-long learning opportunitiesâ€ and in a continual “student modeâ€. ','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(153,2,'','xhtml','<img src=\"{filedir_1}Bruce_037.jpg\" style=\"border: 0;\" alt=\"image\" width=\"132\" height=\"200\" class=\"floatleft\" />Bruce Harrington joined the WaterStone team in September 2008.  He brings to us over 25 years of leadership and service at the intersection of business and ministry.  He came to WaterStone from the CFO role at a large non-profit community health organization in Memphis, Tennessee.  Previously, he had served as the Executive Pastor of a fast growing mega-church, and as Vice President for Advancement at Covenant Theological Seminary in St. Louis.  His business experience includes time with a major Wall Street firm and also as an entrepreneur.\n\nBruce is an elder in his church (Forestgate PCA) and also a member of Covenant Seminary\'s national advisory board.  He was active in the leadership of Central South Presbytery of the Evangelical Presbyterian Church and also in Memphis’s non-profit community helping with grant-writing and grant budgeting seminars.  His educational background includes a degree in economics from Vanderbilt University, as well as an M.Div. from Covenant Theological Seminary and an M.B.A. from Washington University in St. Louis.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(154,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2008_4th_Qtr_Newsletter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(155,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}2009_1st_Qtr_Newsletter.pdf','none','','none','','none','','xhtml','','none','','xhtml'),(156,2,'','xhtml','As givers, you are the heart of WaterStone. By giving resources that God has placed in your hands, we are able to convert those resources into living water that refreshes, replenishes and cleanses, yielding eternal life. We listen to what you care about, matching your assets and goals with a creative giving solution, creating ripples for generations to come.\n\nThis section of the website is devoted to connecting you to a wide range of information about many different giving options. Our prayer is that what you find here will inspire you to rethink your approach to giving.\n\n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(157,2,'','xhtml','We value the partnership we have with you as a professional advisor. Together, we can provide a creative and valuable services to every person who desires to see their resources used in a way that brings glory to God.\n\nThis section of the website is devoted to connecting you to a wide range of information that will better equip you in your work. Our prayer is that the tools and articles here make your job easier so that we can more effectively work to direct resources to areas where they will make a powerful difference.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','none','','xhtml'),(232,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}CAF_Grant_Recommendation_Form_.pdf','none','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(165,2,'','xhtml','WaterStone is pleased to provide this convenient and secure site to help you manage your Donor Advised Fund or your clients’ charitable giving more efficiently, including:\n\n•	Real-time access to your Donor Advised Fund information - review asset balances and recent transactions\n•	Review and recommend single or recurring grants\n•	Create your list of favorite charities and ministries \n•	Review contribution history\n•	Make a gift to your Donor Advised Fund by credit card for a service fee of 3% or by electronic check (no additional fee)\n•	View and download statements \n\nTo begin, please <a href=\"https://iphi.stellarfinancial.com/ws\" title=\"LOGIN\" target=\"_blank\">LOGIN</a>.\n\nThis site was established in 2009. 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Project','none','52952','none','','xhtml','','none','','xhtml'),(226,2,'','xhtml','Thanks! Your donation has been confirmed. You\'ll receive an official receipt soon.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(227,2,'','xhtml','We\'re sorry! The transaction did not go through. Please <a href=\"https://www.waterstone.org/make_a_gift/make_a_gift_form/\">click here</a> to try again.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(234,2,'','xhtml','','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(235,2,'','xhtml','Hard-to-value assets come in many forms, but real estate and business interests are the most commonly used assets for charitable purposes:\n\n<b>Real Estate:</b> raw or undeveloped land; farms and farm land; single-family residences; condominiums; apartment buildings; timeshare units; vacation homes; rental property; commercial property; conservation easements; property with a remainder interest; and property with a retained life estate.\n\n<b>Business Interests:</b> commercial business holdings; C-Corporations; S-Corporations; limited liability corporations (LLC); general partnerships (GP); limited partnerships (LP); limited liability partnerships (LLP); family limited partnerships (FLP); and sole proprietorships.\n\n<b>Other:</b> retirement plan assets; closely-held or non-publicly traded securities; promissory notes; mortgages; insurance policies; tangible personal property; oil and gas interests; mineral rights; coal rights; precious metals; and intellectual property.\n\n<b>A. Real Estate</b>\n\nReal estate provides some unique giving opportunities in the forms of an outright donation, funding for a Trust, as a retained use for life, as a remainder interest or as part of a will or bequest.\n\nWhen contributing real estate outright to Christian Community Foundation, the donor will avoid capital gains taxes on the transfer as long as the gift is made before the sale of the property. The donor will also receive an immediate tax deduction for the full fair market value of the gift, up to 30% of Adjusted Gross Income (AGI) in the year the gift is made. Any excess can be carried forward for five more years.\n\nAdditionally, real estate can be converted into a stream of income for the duration of the donor’s life by establishing a Charitable Remainder Trust (CRT) with CCF. This option transforms a low-yield asset into a higher-yield, income- producing asset and provides a tax deduction for the charitable portion of the gift.\n\nGifts of real estate require the proper documentation and compliance with CCF’s gift acceptance policies. For CCF to accept a gift of real estate, it needs to be readily marketable at or close to the appraised value and free from any indebtedness in the form of liens or loans. A qualified appraisal is required to establish the fair market value. An environmental review must be completed, along with a title search and the history of the property. When gifting real estate assets to CCF, the donor will be responsible for appraisal costs, transfer fees and taxes while CCF handles the administrative details.\n\n<b>Example: </b>Donor gives CCF a vacation home which is no longer used. The cost basis on the home which was purchased 10 years ago is $100,000. The current market value on the house is $300,000. Donor receives a $300,000 charitable deduction which amounts to a tax savings of $84,000, assuming a 28% tax bracket for the donor. The donor avoids a capital gain if otherwise sold of $200,000 from appreciation of the house. The capital gains tax savings is $30,000 ($200,000 x 15%). So the total tax savings is $114,000 ($84,000 + $30,000). The net cost of the gift is $186,000 ($300,000 - $114,000) compared with $216,000 ($300,000 - $84,000) for an equivalent gift of cash. Furthermore, the home will no longer be taxable in the donor’s estate.\n\nThe donor’s deduction for the year of the gift will be limited to 30% of AGI with a five year carry-over for any unused portion. Assuming AGI of $100,000, the donor is able to claim 30% or $30,000 in the year of the gift. If the donor had held the property for less than one year, the charitable deduction would be limited to the home’s cost basis and there still would be no tax on any appreciation. In that case, the deduction would be limited to 50% of AGI with a five year carry-over.\n\n<b>B. Property with a Retained Life Estate</b>\n\nIn addition to gifting real estate outright to CCF, an individual may retain the use of the property for life or a term of years and make a planned gift to CCF. The property does not have to be a primary residence and may be any personal residence, including a farm, vacation home or condominium. By using a retained life estate arrangement, property can be deeded to CCF and provide valuable tax savings for the donor. CCF would not take possession until after the lifetime of the tenant or tenants. At the time of death, the property would either be sold or used by CCF for purposes specified by the donor or donors.\n\nIf a life estate is retained in the property, real estate taxes, indebtedness relating to the property, insurance costs and maintenance expenses will be the responsibility of the donor or the beneficiary of the life estate.\n\n<b>Example:</b> Donor purchased a condominium years ago that has since appreciated in value. Donor gifts the condominium to CCF, allowing her estate to benefit from greater tax savings than if the dwelling had been passed on to her two children through a bequest. Donor then purchases life insurance policies for her two children. This expense would have been paid in taxes if not for the charitable deduction received for her gift. Her children will receive cash from the insurance policies instead of receiving the condo. A further benefit is that this transaction avoids any probate process.\n\n<b>C. Property with a Remainder Interest</b>\n\nWith a gift of a remainder interest in a property, the title is transferred to CCF and the donor receives current income tax deductions for the present value of the remainder interest. This deduction is made possible because the gift cannot be revoked. The amount of the deduction varies according to the property and age of the donors. At the same time, the gift allows the donor to avoid capital gains taxes on the appreciation of the property.\n\n<b>Example:</b> Donor is a 70 year-old widow gifting a remainder interest in her home. She will continue to live in the home until her death. On the gift date, the market value of the house is $200,000. Required IRS tables for discounting the gift based on donor’s life expectancy and future depreciation of the home establish her income tax charitable deduction at approximately $75,000.\n\n<b>D. Bargain Sale</b>\n\nLong-term appreciated real estate can be sold to CCF for less than its fair market value as determined by a qualified appraisal, thus creating a bargain sale. The donor receives a charitable deduction for the difference between the sale price and the higher present market value. This action by the donor is considered a partial gift and a partial sale. The bargain sale allows for the gift while providing cash to the donor who doesn’t have to worry about the sale process.\n\n<b>Example:</b> Donor’s residence is appraised at $250,000, but donor sells it to CCF for only $150,000, producing a charitable contribution of $100,000. While the donor will have to pay a capital gain tax, the tax burden will be less than if the house had sold at the appraised value. The donor is considered to have sold 60% ($150,000/$250,000) of the property, so 60% or $90,000 of the $150,000 basis constitutes the sale portion. The gain is $60,000 ($150,000 received - $90,000 sale portion basis). However, $40,000 of the appreciation from the gift is not taxed and the donor receives a $100,000 charitable deduction.\n\n<b>E. Business Interests</b>\n\nThere are various forms under which an individual or group can establish a business. The most popular form is a corporation, either a C-Corporation or an S-Corporation. A C-Corporation must incorporate with the proper state agency. It is an entity owned by one or more shareholders who are investors in the corporation and are issued stock certificates for their ownership interest. The stock is a separate asset that may be transferred to CCF. A C-Corporation is a separate legal and taxable entity from its shareholders and may be either publicly traded or privately held.\n\nS-Corporations must also incorporate with the proper state agency and have one or more shareholders that are equity owners. Stock certificates are issued and the stock is a separate asset that may be transferred. However, the S-Corporation is not a separate legal and taxable entity from its shareholders and is not publicly traded. The taxable income and gain passes through to its shareholders.\n\nA limited liability company (LLC) also incorporates with the proper state agency and may have one or more members who are the equity owners. The LLC is operated either by a majority vote of the members or by an appointed managing member. Members are not given special evidence of ownership but the interest is a separate asset and can be transferred to CCF. The members are not legally liable for the activities of the LLC. An LLC can be taxed as a partnership or as a corporation.\n\nA partnership is a business entity with two or more individuals acting together for a joint purpose, with shared profits and expenses. There are three types of partnerships: general partnership (GP); limited partnership (LP); and limited liability partnership (LLP). A GP can be formed without filing any documents with a state agency and does not need any formal written agreement. All general partners are legally liable for the activities of the GP. A LP files a certificate with a state agency and has both general and limited partners. The general partner manages the activities and is legally liable for the actions of LP while the limited partner has no legal liability and only has limited involvement in the operations.\n\nIn a LLP, the partners are not liable for the activities and a manager oversees the operations. A partnership owned by family members is a family limited partnership (FLP). A partnership is not a tax paying entity and the partners in the aggregate share the taxable income and gain which is passed through the partnership to them.\n\nSimplicity and liability characterize sole proprietorships. This type of business entity does not have a separate entity for state law purposes and all tax items are reflected on Schedule C of the owner’s personal income tax return. The owner is legally liable for all actions and debt of the sole proprietorship and only the assets can be transferred.\n\nWhen considering gifts of limited liability company interests, key issues for CCF to evaluate include corporate income sources, debt and financing structure, asset structure and unrelated business taxable income. When considering gifts of partnership interests, unrelated business taxable income and sources of payment for potential tax liabilities must be identified. CCF will need specific corporate or business organizational information, including bylaws, shareholder agreements, articles of incorporation, partnership agreements and other contractual agreements. Financial information such as annual and interim financial statements, cash flow statements, tax returns, tax basis and appraisals are also needed.\n\n<b>Example: </b>Donor is an 87 year old retired business owner of a limited partnership valued at $1,000,000. The donor gifts 98% of the limited partnership interests to CCF. The partnership is to run for 30 years. Assuming a 10% yearly growth rate, 1% is paid annually to CCF and a 2% management fee is paid to the general partner. That means net annual growth is 7%. The partnership assets will be worth $8,000,000 in 20 years when the partnership is terminated. The 1% annual distribution to CCF would be $10,000 in the first year, but would average about $30,000 a year over the 30 years. CCF would receive 98% of $8,000,000 plus approximately $900,000 in cumulative annual distributions. CCF owes no taxes on the income.\n\n<b>F. Retirement Plan Assets</b>\n\nRetirement plan assets are most commonly in the form of 401(k) or 403(b) plans and IRA (Individual Retirement Account) plans or, to a lesser extent, profit-sharing plans, annuity plans, stock bonus plans and employee stock ownership plans (ESOP) such as incentive stock options (ISO) and nonqualified stock options (NSO).\n\nESOPs grant employees the right to purchase a set amount of shares at a fixed price some time in the future. ISOs qualify for preferential tax treatment under the Internal Revenue Code and generally allow an employee to defer taxes until the date the shares bought with the options are sold, and to pay tax at the applicable capital gains rate instead of the higher ordinary income tax rate. Taxes can be avoided altogether if the options are included in a Charitable Remainder Trust at CCF. NSOs do not qualify for the IRS’ preferential tax treatment. When the employee “exercisesâ€ the options by buying the stock, he or she must pay ordinary income tax on the “spreadâ€ between the value of the stock and the price he or she paid for it. Because the employee must also pay income tax when the stock resulting from the option is sold, NSOs bear a substantial tax burden. This tax burden can be avoided if NSOs are used for charitable purposes.\n\nThe undistributed balance in a qualified retirement plan is included in an individual’s gross estate and subject to estate tax. When these funds are passed on to heirs, the heirs are exposed to income taxes. In this manner, retirement funds are subject to a double taxation. Because retirement assets grow over many years with very little tax consequences, estate taxes and income taxes to descendants can be substantial, up to a combined marginal rate of 65% on large, taxable estates. However, through a carefully planned charitable gift, the tax burden can be avoided or reduced, and the charity can receive the benefit of the gift.\n\nEstate assets that were not included in a decedent’s taxable income generate income in respect of a decedent (IRD). These assets were not taxed as income because the recipient did not live long enough to receive them. Retirement plan assets constitute the major source of IRD. By donating the assets, they avoid both IRD and estate taxes.\n\nAs part of an estate plan established with a financial advisor, testamentary gifts of retirement assets can create a lasting legacy for a donor. Donors can accomplish their charitable goals, support their charitable causes, and greatly reduce the tax burden of their estate. As part of the Pension Protection Act of 2006, it is now possible to make tax-free charitable gifts from an IRA and avoid income and estate taxes in the current year of the gift and for as many as five future years.\n\nRetirement assets can be donated to CCF in several ways. A Donor Advised Fund (DAF) can receive plan assets and is a flexible tool for designated family members to suggest the charitable purposes for the DAF. Assets may also be received into discretionary Field of Interest Funds managed by CCF. These funds, which support specific causes, provide flexibility in meeting donors’ charitable desires in a changing environment. Another option is to transfer retirement assets into a Charitable Remainder Trust (CRT). A designated CRT beneficiary will receive an income for life and the remaining principal will be directed toward the beneficiary’s DAF at CCF.\n\n<b>Example:</b> Donor wants to avoid his retirement assets being taxed as part of his taxable estate and as income to his son, the beneficiary. Donor establishes a charitable bequest with his $500,000 IRA. If the money is left to his son, the entire amount would be ordinary, taxable income to the son. To avoid taxes for his son and to avoid substantial estate taxes for himself, the donor leaves the IRA to CCF. Because the estate tax charitable deduction has no limits, the IRA in CCF’s hands will incur no estate tax. Since CCF is the beneficiary, CCF will owe no income tax either. The son will receive other assets from his father’s estate which are free of income taxes instead of the IRA proceeds that are subject to income tax.\n\n<b>G. Closely-Held Securities/Non-Publicly Traded Securities</b>\n\nFor business owners of privately-held corporations, retained earnings in the form of closely-held securities can be gifted to CCF. If these earnings are distributed to individuals, they will be subject to personal income tax after they have already been taxed at the corporate level. However, shares can be donated to CCF and redeemed from CCF using retained earnings for the purchase as long as there is no pre-arranged agreement for the corporation to buy the stock.\n\nGifts of closely-held or non-publicly traded securities are deductible at the appraised value. Valuation or appraisal value poses a challenge due to infrequent trading which makes it difficult to establish fair market value. A known means of liquidation, redemption, sale, or conversion to liquid assets is essential when considering these types of securities as a gift. Items such as shareholder agreements to buy or sell, transfer restrictions on stock certificates and a qualified independent appraisal must be furnished to CCF for consideration of the gift.\n\n<b>Example:</b> Donor is the founder of a privately held company in which he owns all the stock. Cost basis is zero because original investment has been written off. Current valuation is $1 million with $300,000 of retained earnings. After obtaining a qualified appraisal of the stock, donor gifts $300,000 of stock to CCF and receives an income tax deduction for that amount. The donor avoids capital gains taxes and state taxes while avoiding scrutiny by the IRS on his accumulated retained earnings which may have produced a penalty tax. The gift has not affected the donor’s control of his corporation. If there were other family members with ownership in the company, a gift followed by a redemption of stock which is retained as treasury stock could be used to increase family members’ interests.\n\n<b>H. Life Insurance</b>\n\nAs the need for life insurance declines with age, life insurance policies that have built up cash value and are no longer needed for their original purpose represent another opportunity for charitable giving. The cash value of a policy becomes a hidden asset to be used for a current charitable gift. The owner of a life insurance policy with cash surrender value may gift a portion or all of the value of the policy and create significant estate tax savings while providing immediate income tax savings.\n\nA donor may name CCF as the primary beneficiary of a policy in a revocable arrangement which is not deductible for income tax purposes. Or, the donor may irrevocably assign a life policy to CCF which may become the owner and beneficiary. Then, any premium payments made by the donor to continue the policy are tax deductible. In this manner, the gift may be substantial while the donor’s outlay remains modest and the future benefits can exceed the current surrender value. The donor will receive an income tax charitable deduction, a tax savings from the deduction and reduced future estate taxes. Gifts of life insurance are considered ordinary income, deductible up to 50% of AGI with a deduction carry over for an additional five years.\n\nIf the donor chooses not to continue the payments, CCF may pay the premiums and receive the full face value of the policy at the donor’s death or surrender the policy for its present cash value. CCF may also convert the policy to paid-up insurance in a reduced amount with no further payments. A donor may also purchase a new life insurance policy to gift by naming CCF as owner and beneficiary. Gifts to CCF to cover initial and future premiums are tax deductible.\n\nTerm insurance has no cash value, so gifting a policy would have no tax advantage. When term insurance is provided by an employer, the cost for any coverage in excess of $50,000 is included in the insured’s taxable income. However, if CCF is the beneficiary, this cost is no longer included in taxable income.\n\n<b>Example</b>: Donor couple own a second-to-die whole life policy with a $500,000 value. Annual premiums of $10,000 have been paid for 20 years, producing a basis in the policy of $200,000 ($10,000 x 20). When donors decide to contribute the policy to CCF, they avoid any income tax liability. They are entitled to a charitable deduction of $200,000, since it is less than the policy value of $500,000. The deduction will be subject to the AGI 50% limitation instead of the 30% limitation because there is no capital gain involved in the charitable deduction.\n\n<b>I. Wealth Replacement Trust/Irrevocable Life Insurance Trust</b>\n\nLife insurance in philanthropic plans may also be used to replace the value of a large gift to CCF for multiple heirs of an estate. Instead of naming CCF as the beneficiary and owner of a policy, a wealth replacement trust or irrevocable life insurance trust may be a better alternative, especially in cases where estate liquidity is an issue. A charitable gift can often reduce the value of inheritances for wealthy family members. In many cases, income tax savings from the use of a charitable deduction can be large enough to acquire life insurance with death benefits equal to the value of the gift. When the wealth replacement trust terminates, its assets can be passed on to CCF with no tax consequence. The life insurance death benefits then pass to heirs untaxed. Federal gift tax on contributions to the wealth replacement trust to cover the premiums can be avoided as well.\n\n<b>Example: </b>Donor couple wishes to make a substantial gift to CCF but defer it until after their death. They transfer appreciated stock to a charitable remainder trust (CRT) that will pay them a stated income annually for the rest of their lives. Upon their deaths, the assets remaining in the trust will pass to CCF. The stock is worth $750,000 and yields a 3% dividend. Their basis in the stock is only $150,000. To avoid the impact of selling the stock and incurring federal tax on their capital gain of $90,000 ($600,000 x 15%) and state tax, the couple chooses to make a gift of the stock directly to CCF via the CRT. CCF will sell the stock without incurring any capital gain and the $750,000 proceeds will earn income for the donors. The donors will receive an income tax deduction equal to the current value of CCF’s future interest in the CRT. The donors have also removed the stock from their estate thus removing federal estate tax on the asset.\n\nIn addition to setting up the CRT, the couple will set up a wealth replacement trust for their three grown children. This trust is funded with $750,000 in insurance purchased by the trustee on the donors’ lives with the children named as the beneficiaries of the policy. Annual premiums will be paid by the donors through transfers to the trust. Amounts from income tax deductions and avoidance of capital gains tax will reduce the impact of the premium payments.\n\nPremium payments to the trust are considered gifts and subject to federal gift tax. However, a $72,000 gift tax exemption is available based on each donor making a gift to each child (3 children x 2 donors x $12,000 gift tax exclusion for 2006). At the donors’ death, the proceeds from the insurance policy will not be subject to tax in their estates. The proceeds will not be subject to expenses of probate.\n\n<b>J. Tangible Personal Property/Gifts in Kind</b>\n\nTangible personal property represents any property, other than land or buildings, which can be seen, handled, touched or moved by an individual as opposed to an intangible asset such as ownership in a corporation. Gifts of tangible personal property, also known as gifts in kind, come in many varieties, including jewelry, gems, antiques, furniture, works of art, coin and stamp collections, motor vehicles, aircrafts, watercrafts, livestock, crops, timber, manuscripts, books, and business inventory and equipment such as computer hardware and software. CCF may accept such gifts if they are free and clear of encumbrances and after a thorough review of the marketability of the personal property and the intended purpose for the gift. Proof of ownership, the cost basis in the gift, date of acquisition, a qualified appraisal and a description of the donated asset, including an explanation of the method used to determine the fair market value, are required documents.\n\nTangible personal property presents specific and special issues for income tax charitable deduction purposes. The amount of charitable deduction and percentage limitation depends on the relation between the tangible personal property and the purposes of CCF as the tax-exempt entity receiving the property. The gift must not be placed to an unrelated use by CCF. Tax deductibility for tangible personal property varies according to IRS established related use rules. For gifts estimated at $5,000 or more to qualify for a charitable tax deduction, IRS regulations require the submission of a written appraisal by a qualified independent appraiser.\n\n<b>Example:</b> An art collector contributes a collection of paintings to CCF with a fair market value of $125,000. The cost basis is $50,000 and the collector’s AGI is $150,000. If the donation is to a museum and there is a qualified appraisal prepared by a qualified appraiser, the collector gets a $125,000 deduction, of which $45,000 ($150,000 x 30%) is allowed in the current year and $80,000 carried over to future years. If the donation goes to CCF, the gift is not related to the charitable purposes or functions of CCF. The collector’s deduction will be his cost basis of $50,000 and is fully deductible this year, with no carryover ($150,000 x 50% = $75,000 is the limit for the deduction).\n\n<b>K. Intellectual Property</b>\n\nIntellectual property is defined as a product of the intellect that has commercial value. It represents ownership of ideas and control over the tangible or virtual representation of those ideas. Intellectual property comprises two main branches: industrial, such as trademarks, patents, royalties, industrial designs, contract rights and inventions; and copyright, such as literary, musical, artistic, photographic and audiovisual works.\n\nDonors of intellectual property can be either corporations or individuals. In accepting these types of gifts, CCF will need an appraisal of the property and a signed agreement by the donor to assign all of the rights associated with the gift. Additionally, CCF will look at the transferability of ownership, whether full or fractional interest in the property is being gifted and whether the gift furthers the mission of CCF. CCF will provide written confirmation to the donor regarding any income from the donated property.\n\nValuable tax benefits are available for contributions of intellectual property so long as they are valid charitable donations. Individuals can receive thousands of dollars in tax deductions and corporations’ deductions can reach millions of dollars. Legislation passed in 2004 enables a donor to deduct the lesser of his basis in the contribution or the true fair market value of the property.\n\nAdditional amounts may be deducted in subsequent years based on a percentage of the income received by the charitable organization from the contributed property. The deduction starts at 100% for the first year and declines over the years to 10% in tax year 12 with the percentage of income deductible varying with each passing year. The deduction is further limited to income received during the legal life of a patent or intellectual property, or the tenth anniversary of the donation, whichever is earlier.\n\nTransfers of property are not deductible for the transfer of a partial interest in property, if the transfer is inadequately substantiated, if the property is overvalued, or if a benefit is received for the transfer. Tax deductions are subject to percentage of income limitations and other limitations which are clearly spelled out and closely scrutinized by the IRS.\n\n<b>Example:</b> Donor is the author of a best-selling book on philanthropy and owns the copyright. Donor decides to contribute his entire copyright to CCF. He will be able to deduct the full share of the copyright since that represents his entire interest in the property. Had he donated only 50% of his copyright, his gift would not be deductible since he would be contributing less than his entire interest in the property. ','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(236,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Grant_Application.pdf','none','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(237,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','Lorem ipsum dolor sit amet, consectetur adipiscing elit. fato Useful things i love when i google \'lorem ipsum\', the first result is the lorem ipsum generator - which is exactly what i wanted. Only today did i finally end up using django\'s built-in {% lorem %} tag for some instant lorem ipsum action This is a long status update. lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incidid. Writing content for this uni project, time to replace the lorem ipsum etc \n\nRt erinslick did you know there is a lorem ipsum store? you too can have your very own mug. Did you know there is a lorem ipsum store? you too can have your very own mug That plink looks fun. how production ready is it? is the lorem ipsum in the screenshots a sign? anyone tried? Brizk design pixels, creativity & lorem ipsum portfolio of web design freelancer kai brach Lorem ipsum dolor sit amet, consectetur adipiscing elit. donec ipsum mauris, varius sit amet mollis sed, consecte…','xhtml','','none','','xhtml'),(238,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','So how to get that new template to show a single category?  We need to go back to our Products Index template and modify the links there to link to this new template with category links. So how to get that new template to show a single category?  We need to go back to our Products Index template and modify the links there to link to this new template with category links. So how to get that new template to show a single category?  We need to go back to our Products Index template and modify the links there to link to this new template with category links.','xhtml','','none','','xhtml'),(239,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','Recently, some people have asked me how we build ExpressionEngine sites. Although how we build a site varies with each project, there are definitely certain add-ons we find ourselves using all the time. There are so many great ones out there (and new ones being released all the time) I thought it would be cool to share some of them in a blog post. Feel free to add your comments about the ones you like to use.','xhtml','','none','','xhtml'),(240,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}playground.jpg\" style=\"border: 0;\" alt=\"image\" width=\"150\" height=\"200\" class=\"floatleft\" />What would draw you out in to the cold and blowing snow with dozens of old and new friends? \n\nWould changed lives?\nA stronger community?\nThe smiling faces of the community’s children?\n\nWhat does it mean to support ministries and charities in a “more significant and personal way?â€ For one WaterStone giving couple it meant collaborating with <a href=\"http://www.excellenceingiving.com/Home.aspx\" title=\"Excellence in Giving\" target=\"_blank\">Excellence in Giving</a> whose team helped them define their passion for giving and then introduced them to <a href=\"http://kaboom.org/\" title=\"KaBOOM\" target=\"_blank\">KaBOOM</a>, a national non-profit organization with a vision to build “great places to play within walking distance of every child.â€ \n\nBecause of Excellence in Giving’s relationship and understanding of this family, a project was developed that reflected the givers’ faith and desires.\n\nOn one cold and snowy Colorado fall day, our givers gathered with family members, friends and community volunteers at the <a href=\"http://kaboom.org/gallery/center_hope_academy_lakewood_co\" title=\"Center of Hope Academy\" target=\"_blank\">Center of Hope Academy</a>, a small local school. After opening the day with prayer, the group built an entire playground, picnic tables and benches there on the frozen ground. They did this work so that the school children and community residents would experience joy for many years to come.\n\nTrusting in KaBOOM’s <i>Law of Incredible Returns</i>, these WaterStone givers believe that what they did that one day means changed lives, a stronger community and brighter futures for tomorrow’s kids.\n\nMany times givers simply write a check and hope that their gift is used effectively by the recipient organization. Excellence in Giving has helped a number of WaterStone families tap into their passions and give more strategically with anticipated results clearly defined.  \n\nThese WaterStone donors were assured by their own personal participation that the results of their investment were achieved. Along with the other volunteers that day, they experienced the kind of joy only experienced in the faces of jubilant children.\n\n<i>WaterStone calls this fellowship in common purpose.</i>\n\nDo you want to learn more about funding a playground or some other project in your community through WaterStone? Please call 719.447.4620 or {encode=\"waterstone@waterstone.org\" title=\"email\"} us at WaterStone. \n\nFor a print version of this article, <a href=\"{filedir_1}Common-Purpose-2.pdf\">download the pdf</a>.\n\n','xhtml','{filedir_1}playground.jpg','none','What would draw you out in to the cold and blowing snow with dozens of old and new friends? Would changed lives? A stronger community? The smiling faces of the community’s children? What does it mean to support ministries and charities in a \"more significant and personal way?\"','xhtml'),(241,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}father-son.jpg\" style=\"border: 0;\" alt=\"image\" width=\"250\" height=\"167\" class=\"floatleft\" />What will your family and friends say about you and how you lived your life when you are gone? What will they say was your personal legacy?\n\nWaterStone recently celebrated the life of one of our donors, and the compelling legacy he left behind. <i>He was a humble and generous man. </i>And though his net worth was considerable, he was willing to take bucket and water in hand to clean up after surgical procedures in the third-world hospital he helped fund.\n\n<i>He was a problem solver and a man of significant hospitality.</i> For instance, having visited Ethiopia on a mission trip and seeing a man in need, he sponsored the man’s visa to the United States and welcomed him as family into his own home.\n\n<i>He was a visionary and a man who trusted His Lord for the results.</i> As an example, he invested in a rundown budget hotel in a poor city neighborhood and a “Retreat/Recovery Campâ€ in the rural outskirts of his city. He responded to God’s plan to use the properties to help restore the homeless and ex-offenders who are typically drug or alcohol addicted. \n\nIf you attended his recent memorial service, you would have left with profound gratitude to God for his life of generosity lived well. If you were to speak with the men and women set free as a result of his investment into the program that helped restore them, you would know their gratitude to God for His boundless redemptive provision … never knowing their human benefactor.\n\nHerein lies the bookends of generosity. God is praised for the generous life of the giver. God is praised by the redeemed recipients as their lives are transformed by another’s generosity. \n\n<i>WaterStone calls this legacy with generational impact.</i>\n \nBe one of the first 25 to contact WaterStone for your free copy of <a href=\"http://en.wikipedia.org/wiki/How_Much_Land_Does_a_Man_Need%3F\" title=\"Leo Tolstoy’s How Much Land Does a Man Need\" target=\"_blank\">Leo Tolstoy’s <i>How Much Land Does a Man Need</i></a>. Call 719.447.4620 or {encode=\"waterstone@waterstone.org\" title=\"email\"} us today.\n\nFor a print version of this article, <a href=\"{filedir_1}Bookends-of-Generosity.pdf\">download the pdf</a>.','xhtml','{filedir_1}father-son.jpg','none','What will your family and friends say about you and how you lived your life when you are gone? What will they say was your personal legacy?','xhtml'),(242,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}nigeria-dentist.jpg\" style=\"border: 0;\" alt=\"image\" width=\"250\" height=\"188\" class=\"floatleft\" />What does it really mean when it is said that God <i>owns everything</i>, and that it should all be used for His glory? What would your story be if God called <i>you</i> to a way of life that uses it <i>all</i> to further His Kingdom?\n \nIn one story, WaterStone has worked with an Ohio couple for seven years; he, a dentist and she, a nurse and teacher. Their vision has been to provide dental care and health education to third-world countries.\n \n<i>Question:</i> What would drive this everyday American couple to the far reaches of Africa? Why would WaterStone partner with them, and their many supporters, to provide administrative oversight of their “dental project?â€\n \n<i>Answer:</i> The reason is summarized in the Kingdom-sized purpose of their WaterStone’s <a href=\"http://waterstone.org/index.php?/solutions/ministry_charity_project\" title=\"Ministry Charity Project (MCP)\">Ministry Charity Project (MCP)</a>, <i>to bring the ministry of healing through dentistry, health education, spiritual growth, encouragement to pastors and sharing of the Gospel to distressed nations.</i>\n \nIt is true that the latest chapter in this couple’s story has taken them to a region of Africa which is plagued by severe tensions recently described as a well-coordinated and indiscriminate deadly attack on women, children and the handicapped.\n\n“There are many opportunities that present themselves to us,â€ the couple recently shared with the WaterStone team. “We praise God for those special times when we can help those in need of encouragement (and) direction for their lives, (to) lend a hand or simply friendship.â€\n \n<i>WaterStone calls this stewardship as a way of life.</i>\n \nIs God calling you? Learn more about how WaterStone can help you with the story God is calling you to live. Contact our office by {encode=\"waterstone@waterstone.org\" title=\"email\"} or telephone at 719.447.4620.\n\nFor a print version of this article, <a href=\"{filedir_1}Responding-Moving.pdf\">download the pdf</a>.','xhtml','{filedir_1}nigeria-dentist.jpg','none','What does it really mean when it is said that God <i>owns everything</i>, and that it should all be used for His glory? What would your story be if God called <i>you</i> to a way of life that uses it <i>all</i> to further His Kingdom?\n\n','xhtml'),(243,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}bubbles-chimp-3.jpg\" width=\"180\" height=\"272\" class=\"floatleft\" />Mort and Gloria have a love affair with apes. It began nearly two decades ago when they sold their unspoiled Florida property to the <a href=\"http://www.centerforgreatapes.org/\" title=\"Center for Great Apes\" target=\"_blank\">Center for Great Apes</a> for their new home. The Center’s mission is the conservation of orangutans and chimpanzees that have been used in entertainment, as pets or have become too old to continue in those roles. The center provides a natural habitat and state-of-the-art nutrition and veterinary care.\n\nLittle did they realize the joy they would eventually have to support the Center in a more significant way and see the transformation take place in their lifetimes.\n \nMeeting with Gary Cotter, their Certified Financial Planner, they discussed their plans to leave money to the Center to help with the continuation of their invaluable work. Rather than a gift at death, Gary suggested a reinsured <a href=\"http://waterstone.org/index.php?/solutions/charitable_gift_annuity\" title=\"WaterStone Charitable Gift Annuity (CGA)\">WaterStone Charitable Gift Annuity (CGA)</a>, which would make the residual funds available to the Center immediately.  Using some of their appreciated stock from their portfolio to fund the annuity, it was an ideal way to receive a number of tax benefits and an addition to their income. \n \n<i>The CGA was the perfect solution:</i> the immediate charitable income tax deduction, the ability to sell appreciated stock without immediate taxation and a cash-flow stream from the annuity that is 40% higher than the stock dividends—and it is tax favored to boot.\n \n<i>Now comes the greatest part of the story:</i> the advisor and his wife drove Mort and Gloria to the center to meet with Patti Ragan, the director, now considered a close friend. After a quick tour of the 120-acre facility, Patti invited them to have lunch in her home, the very same home Mort had built before selling the property. After the meal, Mort presented the check to Patti who was taken aback by the amount of the gift; it was enough to underwrite the entire cost of a planned outdoor geodesic dome habitat.  \n \nWaterStone’s solution allowed Mort and Gloria to see the impact of their gift at work and to know their name will be placed on the facility in recognition of their gift.  The day ended with a warm glow on everyone’s face; they left knowing that something <i>really special</i> had happened. \n \n<i>WaterStone calls this experiencing God’s joy in your giving.</i>\n \nExperience the joy of more intimate giving to <i>your</i> favorite charities, while increasing your income and benefiting from tax advantages. Contact WaterStone by {encode=\"waterstone@waterstone.org\" title=\"email\"} or phone at 719.447.4620 for your free, no obligation personal Charitable Gift Annuity proposal.\n\nFor a print version of this article, <a href=\"{filedir_1}Using-Assets.pdf\">download the pdf</a>.\n\n','xhtml','{filedir_1}bubbles-chimp.jpg','none','Mort and Gloria have a love affair with apes. It began nearly two decades ago when they sold their unspoiled Florida property to the <a href=\"http://www.centerforgreatapes.org/\" title=\"Center for Great Apes\" target=\"_blank\">Center for Great Apes</a> for their new home.','xhtml'),(244,2,'','xhtml','','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','none','','xhtml'),(245,6,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}CCFSTATE_OF_2006.pdf','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(246,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','58226','none','','xhtml','','xhtml','','xhtml'),(247,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','10797','none','','xhtml','','xhtml','','xhtml'),(248,11,'','xhtml','<h1>How to roll a Private Foundation<br />into a Donor Advised Fund</h1><h3>By Dennis Thomas, Attorney at Law</h3>\n\nNow you can \"have your cake and eat it too\" by rolling your private foundation into a Donor Advised Fund operated by a qualified public charity (an IRC 501&#40;c&#41;(3) organization). The roll over to the Donor Advised Fund is very easy to accomplish and does not have any adverse tax effects.\n\nPrivate foundations are wonderful tools for charitable giving. They allow the donor, through the Board of Directors of the private foundation, to distribute funds for a wide variety of charitable purposes. \n\n<h2>Private Foundation restrictions</h2>\n\nThere are, however, many restrictions on private foundations that do not apply to public foundations. Private foundations have very severe restrictions against \"self dealing,\" have annual mandatory distribution requirements, are not allowed to have any \"unrelated business income,\" qualify for only a \"30% of income\" income tax charitable deduction for gifts of cash, etc.\n\nThese severe restrictions do not apply to a Donor Advised Fund at a public foundation, and the income tax charitable deduction is increased to 50% of the donor\'s income for gifts of cash. The Donor Advised Fund allows the donor to make charitable distributions when, and in whatever amount(s), the donor recommends, limited only by the requirement that such distributions be made for valid charitable purposes as approved by the Board of Directors. There are no annual minimum distribution requirements for the Donor Advised Fund.\n\nIn the organizational documents of all private foundations, and in the IRS rules and regulations, there is the requirement that upon the termination of the private foundation all of the assets of the private foundation must be distributed to a public charity. In order to avoid an IRS termination penalty (which is in most instances equal to the total value of the assets held by the private foundation), the assets must be distributed to a public charity that has been in existence a minimum of 60 months. A Donor Advised Fund operated by a qualified public foundation, like WaterStone, that has been in existence for the minimum of 60 months meets this requirement and is therefore not subject to any termination penalty.\n\n<h2>Easy termination process</h2>\n\nThe private foundation must include in the minutes of a meeting of its Board of Directors a <i>Resolution of Termination</i> and a <i>Plan of Distribution </i>of all of its assets to the Donor Advised Fund. The resolution should include the name and address of the public foundation that operates the Donor Advised Fund, a list of the assets that are to be distributed to the Donor Advised Fund, and an explanation of the nature and fair market value of the assets to be distributed.\n\nAfter completion of the distribution of the assets, the private foundation will need to file a <i>Notice of Dissolution </i>with the Secretary of State in its state of incorporation and file a \"final\" IRS <i>Form 990-PF</i> with the IRS. A copy of the resolutions of the Board of Directors will be filed with the <i>Form 990-PF</i> to indicate that the Private foundation has been terminated and that all of the assets have been transferred to the Donor Advised Fund. Thereafter, no further filings are required with the IRS or with the state of incorporation.  \n\n<em>Contact WaterStone at WaterStone@WaterStone.org for more information on converting your Private foundation to a Donor Advised Fund.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(249,11,'','xhtml','<h1>Make the Changes Now to Overcome<br />the Hurdles of a Private Foundation</h1>\n\nWhether you decide to add a Donor Advised Fund to simplify the grant process and to regain the privacy lost with a Private Foundation, or to terminate your Foundation in exchange for the ease, efficiency, and integrity of a Donor Advised Fund, the following information has been included to assist you in the process. As always, please consult with your own attorney.\n\n<div style=\"float: left; text-align: center; margin-top: 25px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Step-By-Step-Termination.pdf\"><img src=\"/img/thumb-Step-By-Step-Termination.jpg\"></a><br /><a href=\"/img/Step-By-Step-Termination.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Step by Step Termination</h2><p>Many families frustrated by the upkeep of their Private Foundation are choosing to unwind their foundation into a Donor Advised Fund at a Public Foundation. The downloadable checklist can help you through the necessary steps, in the most logical order, to convert or dissolve your private family foundation to a WaterStone Donor Advised Fund.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 45px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Resolution-of-Termination.pdf\"><img src=\"/img/thumb-Resolution-of-Termination.jpg\"></a><br /><a href=\"/img/Resolution-of-Termination.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Obtain Board Approval</h2><h4>Special Meeting of the Board of Directors to approve a Resolution of Termination </h4><p>To implement a conversion from a Private Foundation to a WaterStone Donor Advised Fund, Board of Director approval to terminate must be obtained and documented in the Minutes of a meeting of the Board of Directors. Download a SAMPLE <em>Resolution of Termination and Plan of Distribution</em>. Please consult with your own attorney.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 0px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Unanimous-Consent.pdf\"><img src=\"/img/thumb-Unanimous-Consent.jpg\"></a><br /><a href=\"/img/Unanimous-Consent.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h4>Unanimous Consent in Lieu of a Special Meeting of Board of Directors</h4><p>If the Board of Directors does not actually meet to approve the Resolution of Termination to convert a Private Foundation to a WaterStone Donor Advised Fund, their approval to terminate may be obtained utilizing the downloadable SAMPLE Unanimous Consent in Lieu of a Special Meeting of the Board of Directors. Please consult with your own attorney.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 25px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/DAF-Application.pdf\"><img src=\"/img/thumb-DAF-Application.jpg\"></a><br /><a href=\"/img/DAF-Application.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Open a WaterStone<br />Donor Advised Fund</h2><p>Whether you choose to simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund, the downloadable Donor Advised Fund Application should be utilized. Simply complete, sign, and return it to WaterStone.</p></div><div style=\"clear: both;\">&nbsp;</div>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(254,11,'','xhtml','<h1>Private Foundation <br />vs.<br />WaterStone Donor Advised Fund</h1>\n\nFor a print version of this page, <a href=\"/img/Private-vs-DAF.pdf\" title=\"download the pdf\">download the pdf</a>.\n\nIn recent years, private foundations have come under increasing scrutiny by Congress and the Internal Revenue Service. Due to recent abuses and questionable practices foundation managers are under pressure to properly manage the foundation. Donor Advised Funds are a very attractive alternative since they avoid the administrative responsibilities and provide many other benefits. Converting private foundations into Donor Advised Funds is a growing trend in the nonprofit arena.\n\nThe following table provides a side-by-side comparison of the features of a private foundation and a WaterStone Donor Advised Fund.\n\n<table width=\"98%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\" bordercolor=\"#0000CC\"  bgcolor=\"#eeeeee\" align=\"center\"><tr style=\"background: #cccccc;\"><td style=\"font-weight: bold;\">Features</td><td style=\"font-weight: bold;\">Private Foundation Requirements</td><td style=\"font-weight: bold;\">Donor Advised Fund Requirements</td></tr><tr><td style=\"font-weight: bold;\">Description</td><td>Charitable organization created, funded and controlled by a single family</td><td>Fund created by a donor through a gift to WaterStone</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Origination & creation</td><td>Legal & accounting required</td><td>No legal or accounting required</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Time consuming & expensive</td><td>Quick and simple</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>$1-2 million for efficiency of creation</td><td>$1,000 minimum to open fund</td></tr><tr><td style=\"font-weight: bold;\">Incorporation & legal status</td><td>Must create corporation or trust and apply for tax exemption</td><td>Covered by WaterStone\'s 501c3 tax exempt status. Complete application.</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Start up cost</td><td>Set up - $15,000 - $20,000</td><td>No set up charges</td></tr><tr><td style=\"font-weight: bold;\">Estimates</td><td>On-going expenses</td><td>Cost effective</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax deductibility</td><td>Cash – 30% Adjusted Gross Income (AGI) </td><td>Cash – 50% Adjusted Gross Income (AGI)</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Appreciated publicly held securities – full market value up to 20% AGI</td><td>Appreciated publicly held securities – full market value up to 30% AGI</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Closely held stock & real estate - limited to cost basis up to 20% AGI</td><td>Closely held stock & real estate - full market value up to 30% AGI</td></tr><tr><td style=\"font-weight: bold;\">Control</td><td>Maximum donor control plus compliance responsibility</td><td>Maximum donor involvement</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Excise taxes</td><td>2% Excise tax requirements</td><td>Tax exempt</td></tr><tr><td style=\"font-weight: bold;\">Penalty taxes</td><td>May be imposed for not making minimum distributions, for excess business holdings or for unacceptable investments</td><td>None</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Distribution</td><td>5% annual required</td><td>Open, no required payout</td></tr><tr><td style=\"font-weight: bold;\">Investments</td><td>Limitations on closely held stock</td><td>Full flexibility</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Administration</td><td>Accounting, auditing, investing, tax return</td><td>In house, so off donor’s plate<br>State & federal tax reports</td></tr><tr><td style=\"font-weight: bold;\">Fiduciary responsibility</td><td>Board has complete responsibility</td><td>WaterStone has complete responsibility</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Annual IRS reporting</td><td>Form 990 PF to be filed</td><td>No requirements</td></tr><tr><td style=\"font-weight: bold;\">Continuity</td><td>Limited by family interest</td><td>Unlimited</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Privacy</td><td>Public inspection, disclosure & records</td><td>Private records & can give anonymously</td></tr><tr><td style=\"font-weight: bold;\">Grant administration</td><td>Trustees perform, contract or hire staff to handle</td><td>Donor’s recommendation, in-house due diligence & no restrictions on who receives funds</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Liability & insurance</td><td>Director\'s & officer\'s liability, employee bonding & office insurance</td><td>Automatically covered by WaterStone\'s liability and office insurance </td></tr><tr><td style=\"font-weight: bold;\">Scholarships</td><td>Requires IRS approval & reporting</td><td>No additional requirements</td></tr></table>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(250,11,'','xhtml','<h1>Tired of time consuming IRS compliance?</h1>\n\nYou can take an easy step now to reduce or eliminate the time-consuming efforts to satisfy the increased scrutiny of your private foundation by Congress and the IRS. The onus on your foundation manager to properly manage your private foundation has increased dramatically, along with the annual administrative costs. According to the IRS this record keeping and tax return preparation takes an average of 200 hours a year. And the 2010 Form 990-PF is more complicated and time consuming than ever! \n\nA <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"WaterStone Donor Advised Fund (DAF)\">WaterStone Donor Advised Fund (DAF)</a> is the relief you\'ve been looking for to reduce or eliminate the record keeping, filing and other administrative responsibilities associated with a private foundation. <b>With a WaterStone DAF, WaterStone has complete fiduciary responsibility, and your annual administrative costs are much lower because of economies of scale and the elimination of a separate tax return. </b>\n\nWith a private family foundation, the Federal Government is your partner enforcing rules that restrict your freedom, your flexibility and your options while imposing stiff penalties if you fail to comply with their requirements. <b>With a Donor Advised Fund, WaterStone is your cooperative, public, nonprofit partner giving you the freedom of living a generous life.</b>\n\nA WaterStone DAF is your low cost, time saving philanthropic vehicle! \n\n<em>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(251,11,'','xhtml','<h1>Concerned with 5% grant requirements<br />and maintaining integrity of purpose of<br />your private family foundation?</h1>\n\nYou can take an easy step now to satisfy your 5% grant requirement with a simple transfer from your family foundation to a <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF) at WaterStone\">Donor Advised Fund (DAF) at WaterStone</a>. This transfer satisfies your 5% obligation immediately, avoiding penalties for failure to meet minimum distribution requirements, and permits you the extra time to make final decisions regarding your preferred charities and charitable projects.\n\nWith a WaterStone DAF,  the complexities and time consuming due diligence of the private foundation grant process is eliminated and replaced with simple online DAF grant distribution process to your selected charities. <b>WaterStone handles the due diligence involved in making donations and investments.</b> Depending upon your needs, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach.\n\n<b>At WaterStone, we preserve the giving heritage and Christian legacy of your Donor Advised Fund beyond your lifetime.</b> Your personal mission and purpose statement as established through your DAF will be executed on your behalf or in coordination with your recommended fund successors.\n\nWith a WaterStone Donor Advised Fund, you may also broaden and extend the reach of your giving through the WaterStone scholarship service, benevolence options, overseas projects, and mission opportunities.\n\n<i>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</i>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(252,11,'','xhtml','<h1>Frustrated by the tax headaches<br />of your private family foundation?</h1>\n\nFor a print version of this page, <a href=\"/img/Tax-Headaches.pdf\" title=\"download the pdf\">download the pdf</a>.\n\nYou can take steps now to secure the tax advantages of a <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF)\">Donor Advised Fund (DAF)</a> at WaterStone. Depending upon your needs, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach. Consider the following tax comparison.\n\n<table width=\"98%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\" bordercolor=\"#0000CC\"  bgcolor=\"#eeeeee\" align=\"center\"><tr style=\"background: #cccccc;\"><td><b>Tax Issue</b></td><td><b>Your Private Foundation</b></td><td><b>A WaterStone Donor Advised Fund</b></td></tr><tr><td style=\"font-weight: bold;\">Tax deduction limit for gifts of cash</td><td>30% of Adjusted Gross Income (AGI)</td><td>50% of Adjusted Gross Income (AGI)</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax deduction limit for gifts of publicly traded securities</td><td>20% of AGI</td><td>30% of AGI</td></tr><tr><td style=\"font-weight: bold;\">Tax deduction limit for gifts of non-publicly traded securities</td><td>Cost basis</td><td>Full current market value</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax issues with complicated asset gifts *</td><td>Self-dealing</td><td>N/A</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">&nbsp;</td><td>Jeopardizing investments</td><td>N/A</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">&nbsp;</td><td>Excess business holdings</td><td>N/A</td></tr><tr><td style=\"font-weight: bold;\">Excise tax on investment income</td><td>2%</td><td>None</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Results</td><td>Headaches <span style=\"font-family: Helvetica;\">&</span> disadvantages</td><td>More for your favorite charities<br>Expert assistance</td></tr></table> \n\n*In the existing economy, many donors are holding on to their cash and appreciated publicly traded stock, making charitable contributions of illiquid assets the ideal source for increased charitable funding. However, this type of gift can be complicated and subject to \"self-dealing,\" \"jeopardizing investments\" and \"excess business holdings\" rules if given to a private foundation. If given through a Donor Advised Fund at WaterStone, the donor may avoid these IRS complications and potential capital gains exposure from a private sale, while receiving a full current market value tax deduction.\n\n<b>This more effective and tax-efficient method of giving can be your opportunity to expand your giving potential to your favorite charities.</b>\n\n<em>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(253,11,'','xhtml','<h1>Irritated by public access to your benevolence through<br />your private family foundation?</h1>\n\nYou can take steps now to begin reducing the number of unsolicited requests for funds you receive every year. A <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF)\">Donor Advised Fund (DAF)</a> at WaterStone is like a \"super\" private foundation but with added flexibility and confidentially. Depending upon your objectives, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach.\n\n<b>With a DAF you can close the public window to your giving lifestyle because grants made through your DAF will not be personally identifiable on public records. </b>However, you may choose to be recognized by your supported charities or choose your own level of anonymity.\n\n<b>At WaterStone, your personal information will be maintained with the highest level of confidentiality and respect for your privacy. </b>We will not sell, trade or share your name, address, or other personal financial information with any individual or organization outside of WaterStone without your express permission unless required to do so by law.\n\n<i>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</i>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(256,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}MCP_Contracted_Services.pdf','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(257,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','60420','none','','xhtml','','xhtml','','xhtml'),(258,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','62863','none','','xhtml','','xhtml','','xhtml'),(259,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','62877','none','','xhtml','','xhtml','','xhtml'),(260,2,'','xhtml','<p>Imagine a world where giving is not just a response to the latest crisis, but rather a continual outpouring of hearts to causes that reflect deeply held values—where generosity is not as much about carrying out others’ wishes after they’re gone, as it is about seeing dreams planted, growing and spreading in this life.</p>\n\n<p>You may have completed your estate planning many years ago, or just last year. At that time your plan incorporated a Donor Advised Fund at Christian Community Foundation or National Foundation, both now known as WaterStone. Your Donor Advised Fund is to be funded at your passing with further grant distributions to your favorite charities.</p>\n\n        <p>In the following paragraphs, we will introduce you to the various giving approaches available to you at WaterStone utilizing your Donor Advised Fund during your lifetime. If you are interested in learning more about any of these opportunities, please submit our <a href=\"#form\">inquiry form</a> and a WaterStone professional will contact you.\n        </p>\n        <ul>\n            <li>\n                <strong><a href=\"#support\">Support favorite ministries in a more significant and personal way</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#capital\">Save on capital gains taxes</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#scholarship\">Establish a scholarship program</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#deduction\">Receive yearly tax deduction and pass wealth to heirs</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#unexpected\">Unexpected inheritance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#donorfund\">Reassess ministries and charities named in your Donor Advised Fund</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"#estateplan\">Update your estate plan</a></strong>\n            </li>\n        </ul>\n\n<a name=\"support\"></a>\n        <h2>Support favorite ministries in a more significant and personal way.</h2>\n        <p>\n            Consider the possibility of consecrating a portion of your accumulated wealth with which God has blessed you; discovering where He is already\n            moving; and using those funds to support His ways—something beyond what you normally give, something beyond your checkbook. WaterStone makes this\n            possible. Envision lending a hand in painting the walls of the orphanage you helped build or holding a parentless child while whispering a prayer\n            over him. Experience fresh joy as you discover new passions for your giving. \n        </p>\n<a name=\"capital\"></a>\n        <h2>Save on capital gains taxes. </h2><p>When you begin thinking about the sale of non-cash property such as stock, mutual funds, a business, commercial property or a second home, it is\n            possible to reduce the capital gains tax you would normally incur by donating an undivided interest in your property to your WaterStone Donor\n            Advised Fund. When the sale takes place, the portion within your DAF may be reinvested with your own investment advisor and\ndistributed later when God has revealed His vision for you and your family. Just imagine!</p>\n<a name=\"scholarship\"></a>\n        <h2>Establish a scholarship program.</h2>\n        <p>\n            Perhaps you have experienced the benefits of a higher education only because you received scholarship funds. It is possible for you to pass the benefits of\n            an advanced education to others with the WaterStone Scholarship Program. You will be blessed as you hand a scholarship\ncertificate to the student winner at graduation. We will help you do it! \n        </p>\n<a name=\"deduction\"></a>\n        <h2>Yearly tax deductions, yet still pass wealth on to family.</h2>\n        <p>\n            A terrific estate planning tool for our current economy is the Charitable Lead Trust (CLT). The CLT provides for an opportunity to effectively plan\n            wealth shifting to the next generation by transferring property to children or other heirs at a low or zero estate or gift tax. The CLT is the\n            perfect tool for you if you desire to steward assets well, give charitably and give tax-free to your children.\n        </p>\n        <p>\n            The CLT can be funded with non-liquid assets, allowing you to take advantage of depressed prices on assets. All types of assets can be transferred\n            to a CLT and once they are contributed to the CLT, they are immediately removed from your taxable estate. Each year, income payments may be made to\n            your Donor Advised Fund, held, invested with further distribution to favorite charities and urgent needs. After a term of years, the CLT terminates\n            and the remaining assets held by the CLT are distributed to your heirs. All assets that pass to your children may avoid estate taxation\n            completely. \n        </p>\n<a name=\"unexpected\"></a>\n        <h2>Unexpected inheritance. </h2>\n        <p>\n            When someone close to you has passed on, you can use this opportunity to fund your Donor Advised Fund with newly acquired funds from an inheritance\n            or insurance. Many people experience great joy in honoring a loved one with regular grants from their Donor Advised Fund in support of ministries\n            or charities of special interest to the deceased. \n        </p>\n<a name=\"donorfund\"></a>\n        <h2>Reassess the ministries and charities named to benefit from your family Donor Advised Fund.</h2>\n        <p>\n            Have you changed churches because of a move, or have you become interested in other ministries? It is easy to make changes or additions to your\n            WaterStone Donor Advised Fund Proposed Purpose. We want to make sure your records accurately reflect your family’s legacy objectives. Let us help\n            you. \n        </p>\n<a name=\"estateplan\"></a>\n        <h2>Update your estate plan.</h2>\n        <p>\n            As children become adults and as family dynamics change, it is important to review your estate plan on a regular basis. May we refer you to an\n            estate planning specialist? \n        </p>\n        <p>\n            We hope to walk alongside you to help discover new ways of transforming assets into living water—water that refreshes replenishes and cleanses,\n            yielding eternal life.\n        </p>\n\n<a name=\"form\"></a>\n<p>If you are interested in learning more about any of the opportunities listed here from a WaterStone professional, we invite you to fill out the information below.</p>','none','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(261,2,'','xhtml','<p>Thank you for your interest in the opportunities available through WaterStone.</p>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(262,2,'','xhtml','			<h2>Overcoming Private Foundation Hurdles</h2>\n			\n        <p>Several years ago Mr. and Mrs. Richardson realized the administration of their private foundation was creating hurdles that kept them from the philanthropy they loved. They were tired of time consuming IRS compliance and concerned that much of their personal time was being robbed by the administrative requirements of their private foundation. \nAlthough they wanted to simplify their grant making process, they also wanted to regain the confidentiality they had lost through their private foundation. \nMr. and Mrs. Richardson were particularly concerned that their estate would not be used wisely and in a way pleasing to the Lord after their passing. \n        </p>\n        <p>\nJoining a growing trend, they chose to enhance their private foundation with a Donor Advised Fund (DAF) at a public foundation. Other philanthropists are choosing to shut down their private foundations and roll them into a DAF. The Donor Advised Fund concept was designed as a service by public charities in reaction to the Congressional Tax Reform Act of 1969 which increased regulation of private foundations. The limitations, complexities, taxes and expenses of a private foundation simply disappear with the Donor Advised Fund.\n        </p>\n        <p>Read more about overcoming private foundation hurdles through a WaterStone Donor Advised Fund!</p>\n        <ul>\n            <li>\n                <strong><a href=\"/?/solutions/private_foundation_alternatives/irs_compliance\">IRS compliance</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/?/solutions/private_foundation_alternatives/5_grant_requirements\">5% grant requirements and integrity of purpose</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/?/solutions/private_foundation_alternatives/tax_headaches\">Tax headaches</a></strong>\n            </li>\n            <li>\n                <strong><a href=\"/?/solutions/private_foundation_alternatives/public_access\">Public access to your benevolence</a></strong>\n            </li>\n         </ul>\n        <p>You can once again experience the joy of generous living! Whether you consider converting your private foundation to a DAF, or choose to ease in to the transition by adding a Donor Advised Fund, WaterStone has the experience to assist you with either approach.</p>\n\n<hr style=\"border: 0; border-bottom: 1px dotted #bbb; padding-top: 15px; margin: 10px 0 15px 25px; width: 90%;\" />\n\n<h2>Gather more information here. Take the next step!</h2>\n<p></p>\n<ul>\n<li><a href=\"/?/solutions/private_foundation_alternatives/compare_private_foundation_vs_daf\">Compare Private Foundations vs. Donor Advised Funds at a Public Foundation.</a></li>\n<li><a href=\"/?/solutions/private_foundation_alternatives/how_to_roll_a_donor_fund\">Read “How to Roll a Private Foundation into a Donor Advised Fundâ€ by a Colorado attorney.</a></li>\n<li><a href=\"/?/solutions/private_foundation_alternatives/make_the_changes_now\">Make Changes Now to Overcome the Hurdles of a Private Foundation.</a></li>\n<li><a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\">Gather WaterStone Donor Advised Fund information.</a></li>\n<li><a href=\"http://www.waterstone.org/?/about_us/financial_integrity/financial_summary_audit\">Evaluate the WaterStone Financial Audit.</a></li>\n</ul>\n\n','none','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(263,2,'','xhtml','<h1>Tired of time consuming IRS compliance?</h1>\n\nYou can take an easy step now to reduce or eliminate the time-consuming efforts to satisfy the increased scrutiny of your private foundation by Congress and the IRS. The onus on your foundation manager to properly manage your private foundation has increased dramatically, along with the annual administrative costs. According to the IRS this record keeping and tax return preparation takes an average of 200 hours a year. And the 2010 Form 990-PF is more complicated and time consuming than ever! \n\nA <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"WaterStone Donor Advised Fund (DAF)\">WaterStone Donor Advised Fund (DAF)</a> is the relief you\'ve been looking for to reduce or eliminate the record keeping, filing and other administrative responsibilities associated with a private foundation. <b>With a WaterStone DAF, WaterStone has complete fiduciary responsibility, and your annual administrative costs are much lower because of economies of scale and the elimination of a separate tax return. </b>\n\nWith a private family foundation, the Federal Government is your partner enforcing rules that restrict your freedom, your flexibility and your options while imposing stiff penalties if you fail to comply with their requirements. <b>With a Donor Advised Fund, WaterStone is your cooperative, public, nonprofit partner giving you the freedom of living a generous life.</b>\n\nA WaterStone DAF is your low cost, time saving philanthropic vehicle! \n\n<em>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(264,2,'','xhtml','<h1>Private Foundation <br />vs.<br />WaterStone Donor Advised Fund</h1>\n\nFor a print version of this page, <a href=\"/img/Private-vs-DAF.pdf\" title=\"download the pdf\">download the pdf</a>.\n\nIn recent years, private foundations have come under increasing scrutiny by Congress and the Internal Revenue Service. Due to recent abuses and questionable practices foundation managers are under pressure to properly manage the foundation. Donor Advised Funds are a very attractive alternative since they avoid the administrative responsibilities and provide many other benefits. Converting private foundations into Donor Advised Funds is a growing trend in the nonprofit arena.\n\nThe following table provides a side-by-side comparison of the features of a private foundation and a WaterStone Donor Advised Fund.\n\n<table width=\"98%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\" bordercolor=\"#0000CC\"  bgcolor=\"#eeeeee\" align=\"center\"><tr style=\"background: #cccccc;\"><td style=\"font-weight: bold;\">Features</td><td style=\"font-weight: bold;\">Private Foundation Requirements</td><td style=\"font-weight: bold;\">Donor Advised Fund Requirements</td></tr><tr><td style=\"font-weight: bold;\">Description</td><td>Charitable organization created, funded and controlled by a single family</td><td>Fund created by a donor through a gift to WaterStone</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Origination & creation</td><td>Legal & accounting required</td><td>No legal or accounting required</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Time consuming & expensive</td><td>Quick and simple</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>$1-2 million for efficiency of creation</td><td>$1,000 minimum to open fund</td></tr><tr><td style=\"font-weight: bold;\">Incorporation & legal status</td><td>Must create corporation or trust and apply for tax exemption</td><td>Covered by WaterStone\'s 501c3 tax exempt status. Complete application.</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Start up cost</td><td>Set up - $15,000 - $20,000</td><td>No set up charges</td></tr><tr><td style=\"font-weight: bold;\">Estimates</td><td>On-going expenses</td><td>Cost effective</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax deductibility</td><td>Cash – 30% Adjusted Gross Income (AGI) </td><td>Cash – 50% Adjusted Gross Income (AGI)</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Appreciated publicly held securities – full market value up to 20% AGI</td><td>Appreciated publicly held securities – full market value up to 30% AGI</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\"></td><td>Closely held stock & real estate - limited to cost basis up to 20% AGI</td><td>Closely held stock & real estate - full market value up to 30% AGI</td></tr><tr><td style=\"font-weight: bold;\">Control</td><td>Maximum donor control plus compliance responsibility</td><td>Maximum donor involvement</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Excise taxes</td><td>2% Excise tax requirements</td><td>Tax exempt</td></tr><tr><td style=\"font-weight: bold;\">Penalty taxes</td><td>May be imposed for not making minimum distributions, for excess business holdings or for unacceptable investments</td><td>None</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Distribution</td><td>5% annual required</td><td>Open, no required payout</td></tr><tr><td style=\"font-weight: bold;\">Investments</td><td>Limitations on closely held stock</td><td>Full flexibility</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Administration</td><td>Accounting, auditing, investing, tax return</td><td>In house, so off donor’s plate<br>State & federal tax reports</td></tr><tr><td style=\"font-weight: bold;\">Fiduciary responsibility</td><td>Board has complete responsibility</td><td>WaterStone has complete responsibility</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Annual IRS reporting</td><td>Form 990 PF to be filed</td><td>No requirements</td></tr><tr><td style=\"font-weight: bold;\">Continuity</td><td>Limited by family interest</td><td>Unlimited</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Privacy</td><td>Public inspection, disclosure & records</td><td>Private records & can give anonymously</td></tr><tr><td style=\"font-weight: bold;\">Grant administration</td><td>Trustees perform, contract or hire staff to handle</td><td>Donor’s recommendation, in-house due diligence & no restrictions on who receives funds</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Liability & insurance</td><td>Director\'s & officer\'s liability, employee bonding & office insurance</td><td>Automatically covered by WaterStone\'s liability and office insurance </td></tr><tr><td style=\"font-weight: bold;\">Scholarships</td><td>Requires IRS approval & reporting</td><td>No additional requirements</td></tr></table>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(265,2,'','xhtml','<h1>Frustrated by the tax headaches<br />of your private family foundation?</h1>\n\nFor a print version of this page, <a href=\"/img/Tax-Headaches.pdf\" title=\"download the pdf\">download the pdf</a>.\n\nYou can take steps now to secure the tax advantages of a <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF)\">Donor Advised Fund (DAF)</a> at WaterStone. Depending upon your needs, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach. Consider the following tax comparison.\n\n<table width=\"98%\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\" bordercolor=\"#0000CC\"  bgcolor=\"#eeeeee\" align=\"center\"><tr style=\"background: #cccccc;\"><td><b>Tax Issue</b></td><td><b>Your Private Foundation</b></td><td><b>A WaterStone Donor Advised Fund</b></td></tr><tr><td style=\"font-weight: bold;\">Tax deduction limit for gifts of cash</td><td>30% of Adjusted Gross Income (AGI)</td><td>50% of Adjusted Gross Income (AGI)</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax deduction limit for gifts of publicly traded securities</td><td>20% of AGI</td><td>30% of AGI</td></tr><tr><td style=\"font-weight: bold;\">Tax deduction limit for gifts of non-publicly traded securities</td><td>Cost basis</td><td>Full current market value</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Tax issues with complicated asset gifts *</td><td>Self-dealing</td><td>N/A</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">&nbsp;</td><td>Jeopardizing investments</td><td>N/A</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">&nbsp;</td><td>Excess business holdings</td><td>N/A</td></tr><tr><td style=\"font-weight: bold;\">Excise tax on investment income</td><td>2%</td><td>None</td></tr><tr style=\"background: white;\"><td style=\"font-weight: bold;\">Results</td><td>Headaches <span style=\"font-family: Helvetica;\">&</span> disadvantages</td><td>More for your favorite charities<br>Expert assistance</td></tr></table> \n\n*In the existing economy, many donors are holding on to their cash and appreciated publicly traded stock, making charitable contributions of illiquid assets the ideal source for increased charitable funding. However, this type of gift can be complicated and subject to \"self-dealing,\" \"jeopardizing investments\" and \"excess business holdings\" rules if given to a private foundation. If given through a Donor Advised Fund at WaterStone, the donor may avoid these IRS complications and potential capital gains exposure from a private sale, while receiving a full current market value tax deduction.\n\n<b>This more effective and tax-efficient method of giving can be your opportunity to expand your giving potential to your favorite charities.</b>\n\n<em>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(266,2,'','xhtml','<h1>Concerned with 5% grant requirements<br />and maintaining integrity of purpose of<br />your private family foundation?</h1>\n\nYou can take an easy step now to satisfy your 5% grant requirement with a simple transfer from your family foundation to a <a href=\"http://www.waterstone.org/?/solutions/donor_advised_funds\" title=\"Donor Advised Fund (DAF) at WaterStone\">Donor Advised Fund (DAF) at WaterStone</a>. This transfer satisfies your 5% obligation immediately, avoiding penalties for failure to meet minimum distribution requirements, and permits you the extra time to make final decisions regarding your preferred charities and charitable projects.\n\nWith a WaterStone DAF,  the complexities and time consuming due diligence of the private foundation grant process is eliminated and replaced with simple online DAF grant distribution process to your selected charities. <b>WaterStone handles the due diligence involved in making donations and investments.</b> Depending upon your needs, you may simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund. WaterStone has the experience to assist you with either approach.\n\n<b>At WaterStone, we preserve the giving heritage and Christian legacy of your Donor Advised Fund beyond your lifetime.</b> Your personal mission and purpose statement as established through your DAF will be executed on your behalf or in coordination with your recommended fund successors.\n\nWith a WaterStone Donor Advised Fund, you may also broaden and extend the reach of your giving through the WaterStone scholarship service, benevolence options, overseas projects, and mission opportunities.\n\n<i>Note: The information provided herein is for informational purposes only and should not be interpreted to constitute legal and/or tax advice. Donors should consult their legal and tax advisors regarding their specific situations.</i>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(267,2,'','xhtml','<h1>Make the Changes Now to Overcome<br />the Hurdles of a Private Foundation</h1>\n\nWhether you decide to add a Donor Advised Fund to simplify the grant process and to regain the privacy lost with a Private Foundation, or to terminate your Foundation in exchange for the ease, efficiency, and integrity of a Donor Advised Fund, the following information has been included to assist you in the process. As always, please consult with your own attorney.\n\n<div style=\"float: left; text-align: center; margin-top: 25px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Step-By-Step-Termination.pdf\"><img src=\"/img/thumb-Step-By-Step-Termination.jpg\"></a><br /><a href=\"/img/Step-By-Step-Termination.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Step by Step Termination</h2><p>Many families frustrated by the upkeep of their Private Foundation are choosing to unwind their foundation into a Donor Advised Fund at a Public Foundation. The downloadable checklist can help you through the necessary steps, in the most logical order, to convert or dissolve your private family foundation to a WaterStone Donor Advised Fund.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 45px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Resolution-of-Termination.pdf\"><img src=\"/img/thumb-Resolution-of-Termination.jpg\"></a><br /><a href=\"/img/Resolution-of-Termination.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Obtain Board Approval</h2><h4>Special Meeting of the Board of Directors to approve a Resolution of Termination </h4><p>To implement a conversion from a Private Foundation to a WaterStone Donor Advised Fund, Board of Director approval to terminate must be obtained and documented in the Minutes of a meeting of the Board of Directors. Download a SAMPLE <em>Resolution of Termination and Plan of Distribution</em>. Please consult with your own attorney.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 0px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/Unanimous-Consent.pdf\"><img src=\"/img/thumb-Unanimous-Consent.jpg\"></a><br /><a href=\"/img/Unanimous-Consent.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h4>Unanimous Consent in Lieu of a Special Meeting of Board of Directors</h4><p>If the Board of Directors does not actually meet to approve the Resolution of Termination to convert a Private Foundation to a WaterStone Donor Advised Fund, their approval to terminate may be obtained utilizing the downloadable SAMPLE Unanimous Consent in Lieu of a Special Meeting of the Board of Directors. Please consult with your own attorney.</p></div><div style=\"clear: both;\">&nbsp;</div>\n\n<div style=\"float: left; text-align: center; margin-top: 25px; margin-left: 30px; width: 150px;\"><a style=\"text-decoration: none;\" href=\"/img/DAF-Application.pdf\"><img src=\"/img/thumb-DAF-Application.jpg\"></a><br /><a href=\"/img/DAF-Application.pdf\">Download PDF</a></div><div style=\"float: left; padding-left: 25px; width: 300px;\"><h2>Open a WaterStone<br />Donor Advised Fund</h2><p>Whether you choose to simply enhance your family foundation with the addition of a Donor Advised Fund, or completely dissolve your family foundation into a Donor Advised Fund, the downloadable Donor Advised Fund Application should be utilized. Simply complete, sign, and return it to WaterStone.</p></div><div style=\"clear: both;\">&nbsp;</div>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(268,2,'','xhtml','<h1>How to roll a Private Foundation<br />into a Donor Advised Fund</h1><h3>By Dennis Thomas, Attorney at Law</h3>\n\nNow you can \"have your cake and eat it too\" by rolling your private foundation into a Donor Advised Fund operated by a qualified public charity (an IRC 501&#40;c&#41;(3) organization). The roll over to the Donor Advised Fund is very easy to accomplish and does not have any adverse tax effects.\n\nPrivate foundations are wonderful tools for charitable giving. They allow the donor, through the Board of Directors of the private foundation, to distribute funds for a wide variety of charitable purposes. \n\n<h2>Private Foundation restrictions</h2>\n\nThere are, however, many restrictions on private foundations that do not apply to public foundations. Private foundations have very severe restrictions against \"self dealing,\" have annual mandatory distribution requirements, are not allowed to have any \"unrelated business income,\" qualify for only a \"30% of income\" income tax charitable deduction for gifts of cash, etc.\n\nThese severe restrictions do not apply to a Donor Advised Fund at a public foundation, and the income tax charitable deduction is increased to 50% of the donor\'s income for gifts of cash. The Donor Advised Fund allows the donor to make charitable distributions when, and in whatever amount(s), the donor recommends, limited only by the requirement that such distributions be made for valid charitable purposes as approved by the Board of Directors. There are no annual minimum distribution requirements for the Donor Advised Fund.\n\nIn the organizational documents of all private foundations, and in the IRS rules and regulations, there is the requirement that upon the termination of the private foundation all of the assets of the private foundation must be distributed to a public charity. In order to avoid an IRS termination penalty (which is in most instances equal to the total value of the assets held by the private foundation), the assets must be distributed to a public charity that has been in existence a minimum of 60 months. A Donor Advised Fund operated by a qualified public foundation, like WaterStone, that has been in existence for the minimum of 60 months meets this requirement and is therefore not subject to any termination penalty.\n\n<h2>Easy termination process</h2>\n\nThe private foundation must include in the minutes of a meeting of its Board of Directors a <i>Resolution of Termination</i> and a <i>Plan of Distribution </i>of all of its assets to the Donor Advised Fund. The resolution should include the name and address of the public foundation that operates the Donor Advised Fund, a list of the assets that are to be distributed to the Donor Advised Fund, and an explanation of the nature and fair market value of the assets to be distributed.\n\nAfter completion of the distribution of the assets, the private foundation will need to file a <i>Notice of Dissolution </i>with the Secretary of State in its state of incorporation and file a \"final\" IRS <i>Form 990-PF</i> with the IRS. A copy of the resolutions of the Board of Directors will be filed with the <i>Form 990-PF</i> to indicate that the Private foundation has been terminated and that all of the assets have been transferred to the Donor Advised Fund. Thereafter, no further filings are required with the IRS or with the state of incorporation.  \n\n<em>Contact WaterStone at WaterStone@WaterStone.org for more information on converting your Private foundation to a Donor Advised Fund.</em>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(269,2,'','xhtml','			<h1>Overcoming Private Foundation Hurdles</h1>\n			\n        <p>\n            Thank you for your interest in a WaterStone Donor Advised Fund. \n        </p>','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(270,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}creation-principles.jpg\" style=\"border: 0;\" alt=\"image\" width=\"160\" height=\"242\" class=\"floatright\" />I wonder if I have taught my young adult children what they need to know to navigate the financial issues they’ll face as adults. Have I given them biblical foundations so they can teach their children and grandchildren as well? So I’ve been re-reading Scripture and thinking about how the story of man’s relationship to finance and material things unfolded in biblical history. In other words, how did the generation led by Joshua and Caleb learn the principles Moses wrote down for them in the Pentateuch?  \n\nBefore the fall, in creation order, and in biblical/financial terminology, man is endowed with: \n<ul>\n<li><i>Capital</i> – human capital including knowledge, skills and labor, as well as business capital in the form of land, garden crops, forests and livestock;\n<li><i>Relationships</i> – community relationships but particularly family relationships;\n<li><i>Creation responsibilities</i> – as God’s image-bearer and steward of the capital and relationships entrusted to him.\n</ul> \n\nEven after the fall of Genesis 3 and Christ’s redemption, we are to continue to live out our responsibilities in relationship with the living God of creation, despite a world of sin, curses, enmity, pain, thorns, thistles, sweat, and dust.  \n\nLike an Israelite father 2,400 years ago talking to an adult child who envisions things we can hardly imagine, we today want our children to know the foundational principles. Then with prayer and encouragement from us, they can figure out how to apply them in their generation, and how to pass principles on to the generation that follows after them.\n\nThe foundational principles of finances from the first three chapters of Genesis, which I have tried to teach my children, are as follows:\n<ol>\n<li><i>Value all mankind.</i> We are all made in God’s image. We must value as image-bearers both rich and poor, both foreigners and family, both the extraordinarily gifted and the disabled.</li>\n<li><i>Care for others.</i> We have had this responsibility for taking care of each other... family and community... from the beginning.</li>  \n<li><i>Manage God’s provision.</i> Save for winter and for seasons of drought and disaster. Spend less than you earn and there will always be food enough to share, and “seed to plantâ€ come spring.</li>\n<li><i>Invest in the future.</i> The stresses families feel about finances have been around since Genesis. Our dependence and security lies in God’s grace.</li> \n</ol>\n\nI think if these four principles were more central in our thinking, we would find ourselves more generous people, delighting to share the grace which has blessed even us in Christ. In the assurance Christ’s Spirit gives, we would also sleep more soundly, confidently ready to face tomorrow, despite the thorns and thistles in the day’s work. \n\nFor a print version of the entire fall 2010 Stones of Remembrance, \n<a href=\"{filedir_1}SOR_ForWeb.pdf\">download the pdf</a>.','xhtml','{filedir_1}creation-principles-thumb.jpg','none','I wonder if I have taught my young adult children what they need to know to navigate the financial issues they’ll face as adults. Have I given them biblical foundations so they can teach their children and grandchildren as well? So I’ve been re-reading Scripture and thinking about how the story of man’s relationship to finance and material things unfolded in biblical history. In other words, how did the generation led by Joshua and Caleb learn the principles Moses wrote down for them in the Pentateuch?  ','xhtml'),(271,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}stacked-rocks.jpg\" style=\"border: 0;\" alt=\"image\" width=\"250\" height=\"167\" class=\"floatright\" />Thirty years ago, Douglas Kiesewetter, Sr., an attorney, and Douglas Kiesewetter, Jr., a CPA and entrepreneur, founded Christian Community Foundation, now WaterStone. Under their direction, the Statement of Faith was highlighted within the Articles of Incorporation and that same Statement of Faith continues to direct all we do. \n\nEzra, Chapter 5, verse 5, refers to the group rebuilding the temple and records: <i>“the eye of their God was watching over the elders.â€</i> It is very evident that the “eye of our Godâ€ has been watching over WaterStone for these past thirty years.  \n\nTen years ago, with $65 million in assets, we looked forward to what God would do. In that decade, almost $200 million has been granted to various ministries and charities with a world-wide impact.  \n\nIn the period ended March 31, 2010, in the midst of difficult economic times, WaterStone enabled donor families to support more that $28 million of ministry and charitable activity. Refer to the <a href=\"http://www.waterstone.org/?/enewsletters/article/financials_january_2009_march_31_2010/\" title=\"Program Services & Expenses chart\"><i>Program Services & Expenses</i> chart</a>.\n\nToday, we steward over $204 million in total assets as defined in various asset types in the following chart. As we look toward the future, we will continue to pursue our vision: <i>To inspire and enable the investment of time, talent and treasure for the expansion of the Kingdom of God.</i> We look forward to what God will continue to do in our midst.  \n\nWe thank God for His Goodness these past thirty years and thank you for joining us on this journey.  \n\nIn HIS Grace,\n<img src=\"{filedir_1}Johns-Signature.jpg\" width=\"200\" height=\"63\" />\nJohn C. Mulder\nPresident\n\nFor a print version of the entire fall 2010 Stones of Remembrance, \n<a href=\"{filedir_1}SOR_ForWeb.pdf\">download the pdf</a>.','xhtml','{filedir_1}stacked-rocks-thumb.jpg','none','Thirty years ago, Douglas Kiesewetter, Sr., an attorney, and Douglas Kiesewetter, Jr., a CPA and entrepreneur, founded Christian Community Foundation, now WaterStone. Under their direction, the Statement of Faith was highlighted within the Articles of Incorporation and that same Statement of Faith continues to direct all we do. ','xhtml'),(272,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','The Bible exhorts Christians to keep their fiscal behavior beyond reproach; at WaterStone, we believe that financial integrity and good stewardship requires relevant financial information that supports ministry objectives and reflects our common purpose. WaterStone welcomes your questions and is pleased to provide you with our most current financial information. \n\n<img src=\"{filedir_1}assets-web.jpg\" style=\"border: 0;\" alt=\"image\" width=\"490\" height=\"345\" />\n\n<img src=\"{filedir_1}program-services-web.jpg\" style=\"border: 0;\" alt=\"image\" width=\"490\" height=\"353\" />\n\nFor a print version of the entire fall 2010 Stones of Remembrance, \n<a href=\"{filedir_1}SOR_ForWeb.pdf\">download the pdf</a>.','xhtml','{filedir_1}assets-thumb.jpg','none','The Bible exhorts Christians to keep their fiscal behavior beyond reproach; at WaterStone, we understand that ministry cannot always be measured by the balances shown on financial statements.','xhtml'),(273,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','In the fourth year of administration, WaterStone Field of Interest awards are meeting individual and ministry needs worldwide. During the period between January 1, 2009, and March 30, 2010, the Field of Interest Selection Committee made 87 grants, valued over $238,000.\n\nThis year, Benevolent Field of Interest grants had the most impact on lives affected by the unstable economy. Illness, injury, lost jobs and death have all contributed to the grim effects of a poor economy on families. \n\nThe second largest area of distribution was Missions Field of Interest, granting to those working in orphanages, hospitals, medical clinics, and schools from Africa to China and points in between.\n\nThe Discipleship Field of Interest Fund supported those using their skills and knowledge to bring the Gospel of Christ utilizing various tools... Bible distribution, Bible study, preaching & teaching, chaplaincy services and English language studies... to wide-reaching locations. \n\nThanks to all of you who have joined in the support of these WaterStone Field of Interest Funds, as we together seek to value all mankind, caring for others and God’s creation as we invest in the Kingdom of God. 	\n\n<img src=\"{filedir_1}field-of-interest-web.jpg\" style=\"border: 0;\" alt=\"image\" width=\"490\" height=\"331\" />\n\nFor a print version of the entire fall 2010 Stones of Remembrance, \n<a href=\"{filedir_1}SOR_ForWeb.pdf\">download the pdf</a>.','xhtml','{filedir_1}field-of-interest-thumb.jpg','none','In the fourth year of administration, WaterStone Field of Interest awards are meeting individual and ministry needs worldwide. During the period between January 1, 2009, and March 30, 2010, the Field of Interest Selection Committee made 87 grants, valued over $238,000.','xhtml'),(274,8,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','{filedir_1}DAF_Application.pdf','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(276,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Field of Interest','none','26245','none','','xhtml','','xhtml','','xhtml'),(277,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<i>“I do not believe one can settle how much we ought to give. I am afraid the only safe rule is to give more than we can spare.â€  – C.S. Lewis</i>\n\n<img src=\"{filedir_1}living-life-generously-web.jpg\" width=\"170\" height=\"255\" class=\"floatright\" /><b>What does it really mean to live a generous life? How is a generous life characterized?</b> WaterStone is privileged to serve many generous givers. For one friend, a 90-year-old agricultural entrepreneur, it is portrayed through a multi-decade journey ... a generous life that has blessed all facets of his experience.\n\nFor years, Mr. Williams gave financially to charities from his earnings. However, his generosity was also exhibited closer to home; he cared for his employees and their families, allowing employees to live year-round on the land they worked at minimal cost to them. His legacy of openhandedness also included his manner of investing. For many years, he was an “angel investorâ€ for an unaffiliated local technology company facing cash flow struggles. Others might have seen this investment purely as a financial decision; he saw it as a “neighbor helping neighborâ€ opportunity. He made certain that the company made payroll and that employees could continue to provide for their families.\n\nOnce Mr. Williams and his wife reached retirement age, they chose to live exclusively on their Social Security income. Living more simply allowed them the blessing of giving even more away. They used the profits from their business to provide significant monthly support for seven of their favorite charitable organizations. After his wife passed away, Mr. Williams redoubled his generosity; he moved into a trailer on his property and gave the family home to his grandson.\n\nUntil recently, Mr. Williams was giving primarily from cash flow. After speaking with WaterStone, he decided to gift his considerable equity and debt stake in the technology company. He wanted a partner who, like him, lived with a spirit of generosity with the competency to manage the complexity of his assets. He chose WaterStone to implement his gift through the <a href=\"/solutions/donor_advised_funds\" title=\"Donor Advised Fund\">Donor Advised Fund</a> solution. \n\nMr. Williams continues to collaborate with his trusted friends at WaterStone in order to transition his own agricultural business to his heirs in a tax-effective and generous way. As a result of this preparation, his generosity will continue beyond his own lifetime, with monthly grant distributions to his favorite ministries through his WaterStone Donor Advised Fund. \n\nWaterStone has a passion for helping people who, like Mr. Williams, know the power of a legacy built upon living a life of generosity. We’d like to share your personal journey and help chart a path that will help transform your assets into living water. Please contact Jeff Gott, WaterStone’s Legacy Partner, (719) 447-4620 or jeffg@waterstone.org. \n<p>For a print version of this article, <a href=\"{filedir_1}Living-Life-Generously.pdf\">download the pdf</a>.</p> \n<p><a href=\"/?/enewsletters/list/C113/\" title=\"< Return to Spring 2011\">< Return to Spring 2011</a></p>','xhtml','{filedir_1}living-life-generously-web-thumb.jpg','none','What does it really mean to live a generous life? How is a generous life characterized? WaterStone is privileged to serve many generous givers. ','xhtml'),(278,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<b>More and more families are seeking new and innovative options for transitioning diverse asset types. The <a href=\"/solutions/supporting_organization\" title=\"Supporting Organization\">Supporting Organization</a> at WaterStone best meets many families’ objectives for asset transition and estate planning.* </b>The Supporting Organization or “SOâ€ is a 501 (c)(3) public charity offering a maximum charitable deduction. Charitable distributions from the SO may be made to favorite charities and ministries. It also allows the family more flexibility in transitioning very diverse types of assets. \n \n<b>New Tax Changes:</b> Influencing asset transition and estate planning are the recent IRS changes which establish the Federal estate tax exemption at $5 million for the tax-free transfer of an estate to the next generation in 2011 and 2012. For some wealthy families, this may be extremely inadequate and has led to the creation of WaterStone’s <i>Supporting Organization</i> solution. It’s a tool that allows very significant estate and asset transition in a preferred environment. In addition, it permits continued family and professional advisor involvement, as well as support for ongoing charitable purposes.\n <h2>Case #1</h2>\n\nA California real estate investor, Mr. Richardson, has invested a lifetime building his family assets. Needing a strategy for transitioning these accumulated assets, he chose the WaterStone <i>Supporting Organization</i> solution. \n \n<b>Highlights:</b>\n1) <b>He was able to donate real estate, subject to debt, into his family <i>Supporting Organization</i>. </b>Although his donation was subject to “bargain saleâ€ rules, it could not have been contributed into other charitable tools, like charitable trusts or Donor Advised Funds. \n \n2) Mr. Richardson serves in a minority role on his SO Board of Directors; <b>he speaks into the disposition of assets, investments and charitable distributions.</b>\n \n3) Because of the <i>Supporting Organization</i> structure, <b>the family’s business objective to hold the donated assets as much as five years before final disposition was permitted.</b>\n \n4) The asset was carved out of his taxable estate, reducing potential tax burden on the family and alleviating management concerns.   \n <h2>Case #2</h2>\n<img src=\"{filedir_1}supporting-organizations-web.jpg\" width=\"299\" height=\"180\" class=\"floatright\" />Facing a critical health problem, 60 year-old agricultural businessman from the mid-west required a comprehensive plan. Mr. Arnold’s agricultural business, a C corporation, was valued in excess of the $5 million estate tax exemption. He chose a family <i>Supporting Organization</i> at WaterStone for the transfer of assets to his heirs, as well as to his favorite charities. \n \n<b>Highlights:</b>\n1) <b>By transferring a minority interest in his corporation to his SO, the asset was removed from his estate, providing the desired tax relief.</b>\n \n2) Because of the <i>Supporting Organization</i> structure, <b>the discounted minority interest may be sold at market value to either the business or to family members.</b>\n \n3) A family member serves on the SO Board of Directors; <b>she has input over asset disposition and charitable distributions</b> which support the family\'s favorite charities and ministries.\n \nYou may know a family ... perhaps your own ... with similar needs, objectives and charitable visions. Let’s talk. We’ll listen. <b>The WaterStone <i>Supporting Organization</i> solution works! </b>We would love to serve you and your team of advisors. \n \n*The selection of this tool of choice is driven by the complexities of family assets and short and long term family and charitable objectives. Let us know how we can help you. Contact us at (719) 447-4620 or waterstone@waterstone.org to discover how your family asset transition objectives can be achieved with a family <i>Supporting Organization</i> at WaterStone. \n\n<p>For a print version of this article, <a href=\"{filedir_1}Flexible-Asset-Transition.pdf\">download the pdf</a>.</p> \n<p><a href=\"/?/enewsletters/list/C113/\" title=\"< Return to Spring 2011\">< Return to Spring 2011</a></p>','xhtml','{filedir_1}supporting-organizations-web-thumb.jpg','none','More and more families are seeking new and innovative options for transitioning diverse asset types. The Supporting Organization at WaterStone best meets many families’ objectives for asset transition and estate planning.\n\n','xhtml'),(279,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<b>Who would prompt a successful businessman to consider selling substantial income producing California rental property?</b> This story starts with a longstanding relationship between a senior couple from California and one Colorado financial advisor.  \n \n<img src=\"{filedir_1}CRAT-web.jpg\" width=\"180\" height=\"240\" class=\"floatright\" /><b>Mr. Carlson had been very successful in real estate. However, the burden of managing a number of rental apartments was keeping him from turning his time and attention to the increasing physical needs of his wife.</b> Selling one of the fully depreciated buildings had very significant tax consequences ... consequences he wanted to avoid. In addition, selling could reduce his family retirement income. Mr. Carlson’s trusted professional advisor and friend, who was familiar with WaterStone charitable solutions, suggested a Charitable Remainder Annuity Trust (CRAT).\n\n<b>Right solution. Right time.</b> Mr. Carlson’s advisor proposed that:\n<ol>\n<li><em>He donate a $1.2 million fully depreciated, debt free apartment building to WaterStone as trustee to form a CRAT.</em></li>\n<li><em>The CRAT would be established to provide guaranteed payments of 6% or $72,000 per year to him for the rest of his life.</em></li>\n<li><em>To further guarantee the CRAT payments, WaterStone would purchase a single premium annuity from New York Life through his advisor.</em></li>\n</ol>\n\n<b>Once implemented, this CRAT solution delivered significant and immediate benefits to Mr. Carlson:</b>\n<ul>\n<li><em>The building sold through the CRAT with no immediate tax consequences;</em></li>\n<li><em>He received a significant charitable income tax deduction;</em></li> \n<li><em>The assets were removed from his taxable estate;</em></li>\n<li><em>He was freed from apartment building management responsibilities;</em></li>\n<li><em>CRAT payments exceeded his previous rental income;</em></li>\n<li><em>The charitable portion of the trust would be used to support his favorite charities, including a preparatory school where he was nurtured as a young man and the mission sending organization under which his son and wife serve;</em></li>\n<li><em>He regained precious time to devote to his wife.</em></li>\n</ul>\n<p><b>The multiplying affect of trusted relationships made the solution possible and successful:</b>\n<img src=\"{filedir_1}CRAT-formula.jpg\" width=\"496\" height=\"232\" />\n<p>We’d love to explore the benefits of this CRAT option with you and your family. Please contact Bryan Miesel, WaterStone’s Director of Marketing, (719) 447-4620 or bryanm@waterstone.org.</p>\n<p>For a print version of this article, <a href=\"{filedir_1}The-Multiplying-Effect-F.pdf\">download the pdf</a>.</p> \n<p><a href=\"/?/enewsletters/list/C113/\" title=\"< Return to Spring 2011\">< Return to Spring 2011</a></p>','xhtml','{filedir_1}CRAT-web-thumb.jpg','none','Who would prompt a successful businessman to consider selling substantial income producing California rental property? This story starts with a longstanding relationship between a senior couple from California and one Colorado financial advisor.  \n\n','xhtml'),(280,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','73804','none','','xhtml','','xhtml','','xhtml'),(281,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','73536','none','','xhtml','','xhtml','','xhtml'),(282,2,'','xhtml','Kathy Peoples started with WaterStone as Controller in February, 2011. She has over 25 years in the accounting and finance area of non-profit organizations including the Denver Zoo and the Sisters of St. Benedict Convent.  She also worked for software companies that specialize in non-profit accounting software.  In working with the software companies she assisted client organizations in maximizing their use of the software, training the staff, writing documentation and providing ad-hoc accounting and audit assistance.  She has a Bachelor’s degree in finance from Regis University with an Associates Degree in Computer Programming.  ','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(283,2,'','xhtml','Jennifer Harvey works part-time with WaterStone assisting the administrative team with various needs and projects.  She received her degrees in Business Administration and Interior Design from Bethel College in Indiana.  Jennifer has a passion for financial stewardship and enjoys working in an environment that promotes these values.','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(284,2,'','xhtml','<img src=\"{filedir_1}Steve_Leach_photo_1.jpg\" style=\"border: 0;\" alt=\"image\" width=\"133\" height=\"200\" class=\"floatleft\" />Steve Leach joined WaterStone in September of 2011 as Chief Executive Officer.  He brings a strong business and entrepreneurial background to the team. As a graduate from Texas A & M with a B.S. in Mechanical Engineering, he began his career at Compaq Computer where he discovered his passion for product management and strategic planning, which he later refined at IBM and Dell. Steve likewise made private equity investments in advanced technology for Dell Ventures, as well as developed a successful advisory firm in strategic marketing and business development. He also served as CEO of NovaCenrtix, Corp, a venture-backed nano-materials technology company.\n\nSteve joined the WaterStone team to enrich its vision and capabilities in meeting donor needs. His apprenticeship in Christian stewardship as a donor and an influencer of other families of wealth eminently qualifies him for that task. His product design and marketing background positions him well to deliver innovative product and service to advance donor’s Kingdom objectives. His professional background indicates a long-term passionate commitment to excellence, which dovetails with WaterStone’s on-going commitment to be at the cutting edge of innovation in asset transformation. \n','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml'),(285,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','78824','none','','xhtml','','xhtml','','xhtml'),(286,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','by Steve Leach, Chief Executive Officer\n\n<img src=\"{filedir_1}Ripple-Effect-Life-Experience.jpg\" width=\"325\" height=\"197\" class=\"floatleft\" />Having just escaped the heat of Austin, Texas, it was time to enjoy a fall day in Colorado. So my family and I went rambling on the back side of Pikes Peak. We rested by a high mountain lake and marveled at God’s creation, the reflection of the golden aspen, and the ominous thunder clouds suspended over the mountains off the far shore. Then my daughter tossed a stone into the lake. With the ripples widening in front of us, I wondered if the events in my life were like stones, God tossing each one to prepare me for my role as CEO at WaterStone.\n\nLarry Burkett’s book, <i>The Complete Financial Guide for Young Couples</i>, certainly created ripples in our family finances, setting us on a path of biblical stewardship from the beginning of our marriage.\n\nThe devastating loss of our first-born to Sudden Infant Death Syndrome was the seminal event in our lives that demanded a new level of faith rather than a spiral into bitterness. Decades later, the unexpected death of my father at 56 sent more than just ripples through our lives, with effects that continue to this day.\n\nI think of the God ordained meeting at The Broadmoor here in Colorado Springs that saved us from the perils of an ill-fated private foundation. This “stoneâ€ introduced us to the simplicity of a Donor Advised Fund, which also provides an effective training ground for our children to live lives of generosity.\n\nMy experiences in product management and strategic planning at Compaq Computer, IBM, Dell, Dell Ventures and as CEO of NovaCentrix, have created waves that I pray will benefit WaterStone.\n\nThe high tech boom and the bust that followed, and the effects of a broken neck while skiing here in Colorado, put the surface of my lake in turmoil, not to mention the rip currents forming underneath! Surely He was using the events in my life to shape my character and draw me closer.\n\nJoining WaterStone will create waves, yet my prayer is that my personal journey will enrich the WaterStone vision and its capabilities as we serve donor families and professional advisors to meet their charitable objectives. My desire is to maximize the ripple effect of my life in the WaterStone pond to create waves in the ocean of Kingdom building.\n\nPlease join us as we discover how far and wide the ripples and waves of your family’s influence can have on the Kingdom of God.\n\nFor a print version of the entire fall 2011 Ripple Effect newsletter, <a href=\"{filedir_1}RippleEffect_Newsletter_2011.pdf\">download the pdf</a>.','xhtml','{filedir_1}Ripple-Effect-Life-Experience-Thumb.jpg','none','(by Steve Leach, Chief Executive Officer)\nHaving just escaped the heat of Austin, Texas, it was time to enjoy a fall day in Colorado. So my family and I went rambling on the back side of Pikes Peak.','xhtml'),(287,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','by John Mulder, President\n\nSeveral weeks ago, Jim Street, a generous giver and life-long Kingdom builder, went home to be with the Lord. During their lives, Jim and his wife, Jan, gave more than a quarter of a million dollars to support Christian values in education through their family Donor Advised Fund in partnership with WaterStone. As an enduring legacy, personal property, as well as business interests including partnerships, Limited Liability Companies, and a Subchapter S corporation, were left in their entirety to support the fulfillment of their vision for Christian education.\n\n<img src=\"{filedir_1}Benefit-Wise-Planning.jpg\" width=\"325\" height=\"217\" class=\"floatright\" />By means of a series of plans developed during their lives and business structures recommended by their advisors and WaterStone, over $1 million has been saved in taxes. In addition, quick post estate action on the part of WaterStone and key professional advisors, led to an additional $1 million in tax savings.\n\nFollowing the Streets’ intent, the business interests remain operational through a special trust created by WaterStone to maximize long term value and impact.\n\nWaterStone is now working with the family’s business associates to develop plans for additional product lines as new business contracts are being negotiated. Sustained cash flow will provide for continuation and potential expansion of the charitable activity. In addition, strategies regarding other estate assets have been crafted with a long-term approach in mind.\n\nThe funds which otherwise would have gone for taxes and the additional cash flow from new business opportunities will be redeployed to finance Christian values in educational programs and scholarships. Based on the couple’s long-term relationship with WaterStone and a well-crafted purpose statement, a significant history of giving has taken shape. What began as a ripple in a small pond in the mid-1990s has become a giving stream that will be measured in the millions and will impact hundreds, perhaps thousands, punctuating a lifetime of generosity for His honor and His glory.\n\nEffective planning, wise advisors, and WaterStone’s abilities to deal with complex assets with creative solutions, have assisted this family in expanding their legacy. The Streets’ passion will ripple through Christian education both in the donors’ home state and other national institutions for a long time to come.\n\nFor a print version of the entire fall 2011 Ripple Effect newsletter, <a href=\"{filedir_1}RippleEffect_Newsletter_2011.pdf\">download the pdf</a>.','xhtml','{filedir_1}Benefit-Wise-Planning-Thumb.jpg','none','(by John Mulder, President)\nSeveral weeks ago, Jim Street, a generous giver and life-long Kingdom builder, went home to be with the Lord. During their lives, Jim and his wife, Jan, gave more than a quarter of a million dollars to support Christian values in education through their family Donor Advised Fund in partnership with WaterStone.','xhtml'),(288,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','by Bruce Harrington, Chief Financial Officer\n<img src=\"{filedir_1}Solid-Financial-Picture.jpg\" width=\"325\" height=\"217\" class=\"floatleft\" />WaterStone ends the year with a solid financial position. However, financial charts don’t always reflect the entire picture. There are a number of interesting details, a title wave of ripples that do not show up on this summary.\n\n<ul>\n<li><em>In the last ten years WaterStone has helped donors and their families distribute more than $200 million in Kingdom resources to other ministries and charities.</em></li>\n<li><em>Over 1,200 non-profit organizations both in the U.S. and overseas have benefited through WaterStone and its generous givers – just in the last year.</em></li>\n<li><em>WaterStone serves close to a thousand donor families.</em></li> \n<li><em>Nearly half of those families are experiencing the joy of granting current gifts to their favorite charities and ministries.</em></li> \n<li><em>WaterStone has grown from a $66 million dollar organization in 2001, to a $225 million organization in 2011.</em></li>\n</ul>\n\n<img src=\"{filedir_1}Total-Assets-Rev.jpg\" width=\"490\" height=\"248\" />\n\nWhen people comment on our asset growth, I generally respond that our assets are “inventoryâ€ in a manufacturing analogy. WaterStone is not here for the purpose of growing our asset base, stockpiling our “inventory.â€ We are here to serve donor families by transforming assets into living water – turning our “inventoryâ€ into grants to other ministries at donor direction. “Inventoryâ€ growth is just part of the process of turning hard-to-value assets (real estate, partnerships, royalties, etc.) into Kingdom resources.\n\nFor a print version of the entire fall 2011 Ripple Effect newsletter, <a href=\"{filedir_1}RippleEffect_Newsletter_2011.pdf\">download the pdf</a>.\n','xhtml','{filedir_1}Solid-Financial-Picture-Thumb.jpg','none','(by Bruce Harrington, Chief Financial Officer)\nWaterStone ends the year with a solid financial position. However, financial charts don’t always reflect the entire picture.','xhtml'),(289,10,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','<img src=\"{filedir_1}Innovation-2.jpg\" width=\"290\" height=\"188\" class=\"floatright\" />by Jeff Gott, Legacy Partner\n\nAt WaterStone, creating ripples in the Kingdom of God is what we do.\n\nInnovation is in our DNA; it is the way we were conceived. When WaterStone was founded as Christian Community Foundation in 1980 the concept of a community foundation wasn’t new. The innovation was in defining “communityâ€ not geographically but ideologically – a worldwide community of Christians, serving one another. The IRS agreed to the innovation and the first Christian community foundation was birthed. WaterStone created ripples.\n\nIn 1988, the Christian Community Foundation affiliated with National Foundation, Inc., ultimately becoming WaterStone. In the landmark court case National Foundation, Inc. v. United States, the IRS accepted and reaffirmed in 2008 that NFI/WaterStone’s processes are the gold standard by which the IRS judges Donor Advised Fund programs. This paved the way for what has become a multi-billion dollar strategic giving vehicle. Yet another ripple that benefits generous givers like you.\n\n<h2>How else does this innovative spirit benefit you today?</h2>\nWaterStone has continued to innovate. Our passion is to achieve the giver’s objectives by applying every solution in our toolkit. Sometimes that means making an old tool new again.\n\nFor example, the Pooled Income Fund has been around since 1969; yet WaterStone will launch its first, a Charitable Pooled Trust, in 2012. The Pooled Trust is similar to a Charitable Remainder Trust (CRT) or Charitable Gift Annuity (CGA) in that it pays income for life to the giver or chosen income beneficiary. At maturity, the remainder balance is gifted to charity.\n\nA Charitable Pooled Trust combines the traits of a CRT and a mutual fund. Mutual funds are broadly understood: multiple people pool investible funds and the resulting investment returns are prorated among the investors. Similarly, the Pooled Trust brings together tax deductible donations and invests collectively in strategic investments, often unavailable to individuals. WaterStone’s underlying investment options have the potential for great yield and reduced volatility and all Pooled Trust income earned is paid out annually to the income beneficiary.\n\nGiven our innovative and entrepreneurial mindset, we’ve been planning the product launch for some time, yet have waited to launch in 2012 to maximize charitable tax benefits. By waiting, the WaterStone Charitable Pooled Trust will provide 2-3 times more current year charitable tax deduction than a CRT or CGA! Will the 2012 WaterStone Charitable Pooled Trust create more ripples? We believe so!!\n\nPlease contact us to explore your participation in the 2012 WaterStone Charitable Pooled Trust launch! Let us help you turn ripples into waves of Kingdom impact!\n\nFor a print version of the entire fall 2011 Ripple Effect newsletter, <a href=\"{filedir_1}RippleEffect_Newsletter_2011.pdf\">download the pdf</a>.','xhtml','{filedir_1}Innovation-Thumb.jpg','none','(by Jeff Gott, Legacy Partner)\nAt WaterStone, creating ripples in the Kingdom of God is what we do. Innovation is in our DNA; it is the way we were conceived.\n\n','xhtml'),(290,9,'','xhtml','','xhtml','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','Ministry Charity Project','none','82565','none','','xhtml','','xhtml','','xhtml'),(291,2,'','xhtml','WaterStone is committed to respecting your online privacy and security. We have developed this privacy policy to ensure our web visitors that information you provide to websites of WaterStone will not be shared with any outside party. \n\n<b>Awareness.</b> WaterStone provides this Online Privacy Policy to make you aware of our privacy policy and security practices, and to inform you of the way your information is collected and used. We also provide you with the opportunity to remove your name from our mailing list, if you desire to do so.\n\n<b>No Sharing of Personal Information.</b> WaterStone will not sell, rent, or lease your personal information to other organizations. We assure you that the identity of all who contact us through our websites will be kept confidential. Use of personal information will be limited to the internal purposes of WaterStone and only to further the purposes of WaterStone in serving you.\n\n<b>Information Collected.</b> On some WaterStone websites you can provide contact information for WaterStone purposes, to order resources, or to make contributions. Here are the types of personal information that we may collect:\n<ul>\n<li><em>Contact information:  name, organization, complete address, phone number, email address, birth date, social security &/or Tax ID numbers;</em></li>\n<li><em>Payment and contribution information: credit card number,  expiration date, CVV number, and billing information; bank and checking account information;</em></li> \n<li><em>Information concerning how you heard about WaterStone;</em></li>\n<li><em>Information you wish to leave: questions, comments, suggestions; and</em></li> \n<li><em>Your request to receive WaterStone newsletters or Crescendo Gift Law notifications.</em></li> \n</ul>\n\n<b>How Information is Used.</b> WaterStone uses your information to understand your needs and provide you with better service. Specifically, we use your information to help you complete a transaction, communicate back to you, update you on ministry happenings, and to personalize our website for you. Credit card numbers are used only for donation or payment processing and are not retained for other purposes. We use the comments you offer to provide you with information requested, and we take seriously each recommendation as to how we might improve communication. \n\n<b>Security.</b> WaterStone is committed to ensuring the security of your personal information. To prevent unauthorized access, maintain data accuracy, and ensure the proper use of information, we have established and implemented appropriate physical, electronic, and managerial procedures to safeguard and secure the information we collect online. We use Internet encryption software, and Secure Socket Layer (SSL) protocol when collecting or transferring sensitive data such as credit card information.  \n \n<b>Cookies. </b>From time to time, we may send a “cookieâ€ to your computer. A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer’s hard drive. Once placed onto your machine, the cookie will allow the website to “recognizeâ€ you as a unique individual. A cookie can’t read data off your hard drive or read cookie files created by other sites. Cookies do not damage your system. We use cookies to recognize you when you return to our sites, or to identify which areas of our network of websites you have visited (i.e., e-commerce sites, etc.). We may use this information to better personalize the content you see on our sites.\n\nMany websites place cookies on your hard drive. You can choose whether to accept cookies by changing the settings of your browser. Your browser can refuse all cookies, or show you when a cookie is being sent. If you choose not to accept these cookies, your experience at our site and other websites may be diminished and some features may not work as intended. \n\n<b>Removing Your Name from our Mailing List.</b> Our website gives you the opportunity to remove your name from our mailing list so that you do not receive any future communications from our ministry. If you desire to remove your name, you can send us an email at waterstone@waterstone.org.\n\n<b>Contacting Us.</b> If you have comments or questions about our privacy policy, please send us an email at waterstone@waterstone.org.\n\nRev. 1/1/2012','textile','','xhtml','','xhtml','','none','','none','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml','','xhtml');
