Background and Purpose
The Retired Indiana Public Employees Association (RIPEA) Foundation was authorized by Resolution of the RIPEA Board of Directors in 1995, and received its non-profit federal status as a 501(c)3 organization. The Foundation was organized for the purpose of offering support and assistance in various areas of need or service to individuals, organizations and institutions that conduct activities or directly provide benefits to the retired state and local public employees of Indiana. The Foundation will give priority to the needs of retirees who are members of the Retired Indiana Employees Association (RIPEA).

Since 1995 the Foundation has benefited from the gifts and contributions from RIPEA members and other interested persons and businesses. The Management of the Foundation is undertaken by a five-member Board of Trustees nominated by the RIPEA Board of Directors -not all of whom are required to be members of the Board. The Foundation has no paid staff and operates out of RIPEA's administrative offices in Indianapolis. Accounting and/or legal services are provided to the Foundation or to assist persons who have specific needs to be addressed relating to their bequests and gifts. However, any donor should consult their own accountant or attorney for specific advice. The foundation is subject to the same laws and procedures that apply to all other benevolent and charitable foundations that can receive tax deductible gifts benefiting both the Foundation and the individual.

The RIPEA Foundation provides a mechanism for many active or retired public employees to improve the health and welfare of persons who have contributed their talents and long term service in Indiana's public sector. In 2000, there were 50,000 retired public employees under the Public Employees Retirement Fund (PERF) and an estimated 160,000 active public employees. Approximately 2,500 to 3,000 employees retire annually.

• Cash
• Marketable Securities
• Real estate -- in total or fractional
• Personal Property
• A percentage of a retiree's assets through wills or charitable trusts
• Life insurance
• Closely held stock
• Life income plans with retained income
• Charitable remainder trusts
• Named as a beneficiary of an annuity

Gifts can be of an immediate or deferred nature with benefits designed for another person and any residual assets accruing to the Foundation. The Foundation can serve as a beneficiary of persons who do not have a close family relative to benefit from their estate. Gifts and benefits to the Foundation may be restricted to be used for designed purposes or to serve the general programs of the Foundation.

Planning a Charitable Bequest
Most bequests to charitable institutions or organizations are for a specific sum of money. The donor's will simply provide: I bequest the sum of _____________ Dollars to the RIPEA Foundation, a charitable organization located in Indianapolis, IN.

However, if you wish, you also can bequeath a specific property to the Foundation. This form of bequest may be: I give, devise, and bequeath the following described real property to the RIPEA Foundation, a charitable organization located in Indianapolis, IN: property known as _______________, etc.

The foundation Board has adopted a "policy of procedures" for accepting gifts of real property that can be made available to any benefactor. Alternatively, your charitable bequest can be a specific percentage of the value of your estate. this bequest can be as simple as: I bequeath to the RIPEA Foundation, a charitable organization located in Indianapolis, IN, an amount equal to __________ percent of the net value of my estate a finally determined for federal estate tax purposes.

Financial and Tax Benefits of Bequests The vast majority of charitable gifts and bequests are motivated by the donor's desire to provide financial support for the charitable beneficiary. However, tax rewards can also be important. In certain cases, tax benefits can permit donors to give more to their charitable beneficiaries at significantly less after-tax cost to their other beneficiaries.

It has been determined that many persons who have provided long term public service during their lifetime may wish to have a medium to continue contributing in another manner to improve the areas of their public interest -- move specifically, areas where they can provide benefits to others in the public sector. The RIPEA Foundation., we believe, is that medium. Your gift to the Foundation can make a difference to the lives of others as well as your own.




Grant Objectives
The Board of Directors has outlined the general areas for which grants of the Foundation would comply with its mission Educational grants directed to individuals or associations and institutions to improve the well-being and welfare of retirees of state and local governments.

Direct assistance grants normally not to exceed $1,000 for emergency needs of the retiree or a member of his or her immediate family.

Joint support programs and projects undertaken by RIPEA or other non-profit or governmental agencies that enhance the lifestyle of retired public employees.

Donor Benefits
This page outlines in a very brief manner various possibilities available to those who wish to continue their public service through a gift to the RIPEA Foundation. The Foundation must be considered an extension of your interests and, conversely, any gift to the Foundation can provide you with certain federal tax advantages. Planning your gift becomes nearly as important as planning for retirement of other purposes. Those of you who have views or thoughts you would like to designate in the gift or bequest should contact the Foundation to determine the feasibility and its compatibility with the Foundation. The Foundation can also receive anonymous gifts from donors and will honor such requests. However, it is the normal policy of the Foundation to recognize those who support the Foundation. Recognition can be in various ways -- through publicizing gifts and names, and gifts made in memoriam will also be highly recognized.




RIPEA Foundation
3530 South Keystone Avenue
Indianapolis, IN 46227

____ I would like to make a tax deductible cash gift in the amount of $ _______ ($1,000, $500, $200, Other)
____ I would like to make a tax deductible gift that can only be used for ____________________
____ I would like a representative of the Foundation to contact me in regard to: ______________
___________________________________________________________________________
___________________________________________________________________________
Name and Address (please print)_______________________________________________
_______________________________________________
Telephone No.____________________
Signature ___________________________________ Date ____________________