The P.E.O. Foundation is not a project but is a service to the P.E.O. Sisterhood that benefits all of the projects.

Purpose

The P.E.O. Foundation is a nonprofit corporation established in 1961 to encourage tax-deductible giving to the educational and charitable projects of the P.E.O. Sisterhood. Because it qualifies as a charity under Section 501(c)(3) of the Internal Revenue Code, gifts and bequests to the Foundation are deductible for U.S. and state income, estate and gift tax purposes. Gifts to local or state chapter funds are not tax-deductible because these entities are not qualified charities.

For additional general information on the P.E.O. Foundation, please read the following document and printable brochure:

Administration

The P.E.O. Foundation is administered by a board of trustees who are members of P.E.O. and are assisted by P.E.O. Executive Office personnel. Management of investments follows established policies and guidelines with expert advice from independent money managers and consultants.

Contributions

Each individual donation increases the impact and effectiveness of our P.E.O. grants, scholarships, loans and awards and provides additional financial assistance to help deserving women pursue their educational goals.

Gifts may be made by cash, bequests in wills, marketable securities, beneficiary of living trusts, retirement plan assets or life insurance. Cash gifts should be made by check payable to the P.E.O. Foundation; gifts of marketable securities should be transferred into the name of P.E.O. Foundation.

Checks from individual donors (which are tax deductible) should be made payable to the P.E.O. Foundation, and sent to the P.E.O. Foundation, 3700 Grand Avenue, Des Moines, IA  50312.

Chapter checks are to be made payable to your state/provincial/district chapter, and mailed to your state/provincial/district chapter treasurer (or paid assistant). Please indicate P.E.O. Foundation or the specific fund on the memo line.

For additional information on giving options, please read the following document and printable brochure:

Establishing a Fund

The P.E.O. Foundation offers the opportunity for individuals and chapters to establish a permanently endowed fund. The fund may be named as the donor wishes, and is often established in the donor's name or in the name of one being honored or memorialized.

A US $1,000 initial deposit toward the minimum permanent balance of US $5,000 is required. The minimum permanent balance must be reached within five years.

The options for the types of funds held in the P.E.O. Foundation:

Transfer Funds to P.E.O. Educational Project(s):

Donors may establish a fund with the income automatically transferred annually, or accumulated until sufficient to pay a full award, to one or more of the qualified educational and charitable projects of P.E.O.

Undesignated Funds:

Funds may be established for the benefit of the P.E.O. educational projects without the donor having to determine the exact distribution of income. Donors may leave that decision to the P.E.O. Foundation Board of Trustees. The income from Undesignated Funds is distributed to the P.E.O. educational projects annually.

Cottey College Scholarship Funds:

Funds may be established for payment of Cottey College scholarships. Scholarships will be paid directly to Cottey College for a student who has been chosen by your scholarship committee. If your wish is for personnel at Cottey College to choose the recipient, then a transfer fund to Cottey College may be established for this purpose.

General Scholarship Funds:

Funds may be established for payment of a scholarship to a female student who has been chosen by your scholarship committee and may be paid to the recipient or to the school in which she is enrolled. No scholarship fund shall be established whereby the income is transferred to a school or other foundation for their selection of recipients.

For more information, see the following documents:

Copyright © 1999 - 2014 P.E.O. Sisterhood

P.E.O. International Headquarters · 3700 Grand Avenue · Des Moines, Iowa 50312 · Phone: 515-255-3153 · Fax: 515-255-3820

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