The Parkersburg High School Foundation, a 501(c)3 corporation, was founded in 1988. The goal was to create an endowment large enough to support an array of projects from the income alone. We have made over $150,000 in grants over the past twenty years. To accomplish our goal and to continue our projects, we hope you will help us with a donation. Please mail your contributions or questions concerning donations to:
The Parkersburg High School Foundation
Charlotte Potter, Treasurer
2101 Dudley Avenue
Parkersburg, WV 26101-3492
Giving Options
There are many flexible ways you can contribute to the work of the PHS Foundation, some of which are described below. To inquire further about any of these options, please contact us.
- Cash Gifts
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Cash gifts are the simplest and most convenient way for you to share in the work of the PHS foundation.
- Gifts of Appreciated Assets
- Gifts of appreciated assets save income tax and avoid the capital gains tax that would be imposed if you sold the asset yourself.
- Life Income Trust Fund
- You may benefit from establishing a Charitable Remainder Trust. You create a trust in which you reserve a life interest for yourself or another person or persons. On the death of the named beneficiaries, the trust terminates and the principal passes into the Parkersburg High School Foundation Endowment Fund.
- Charitable Lead Trust
- A Charitable Lead Trust may be a good planned giving vehicle for you. This method of giving reverses the concept of a Charitable Remainder Trust. You transfer assets into a trust for a designated number of years. Annual payments are made to the Parkersburg High School Foundation Endowment fund for those years, then the assets are paid to named beneficiaries.
- Bequests
- You can designate the PHS Foundation as a beneficiary of your estate to receive a certain dollar amount or as the residuary or contingency beneficiary. Such bequests are free of estate and inheritance taxes.
- Life Insurance
- You can donate an existing life insurance policy to the PHS Foundation. You will get an immediate tax deduction, usually equal to the policy's cash surrender value.
Last Updated: 06/08/09