FAQ Charitable Giving Options

Why choose Charity giving?

Any time of year, especially at year's end, there are personal income tax planning issues that can be considered. Among these is the opportunity to gift appreciated assets (e.g., stocks, bonds, mutual funds, real estate) to qualifying organizations, such as the Wine Correspondent Alliance Foundation (WCAF).

Is Scholarship and Charity giving tax deductible?

Absolutely, through the wine alliance, such gifts are normally tax deductible to the donor at full market value.

What kind of funds does the Wine Correspondent Alliance have?

The WCAF has three fund types established to support both operation of the Board of Trustees and to provide scholarships. These funds are;

the General Fund that supports Board operation,

the Endowment Fund that provides Foundation scholarships into perpetuity, and

Special Scholarship Funds that bear the name of an individual, group or corporation.

Is the Wine Correspondent Alliance a 501c3?

Yes, as a tax-qualified 501(c)(3) organization, the WCAF can accept charitable gifts. Contributions should be tax deductible but to be sure please check with a tax advisor. So Yes, the Wine Correspondent Alliance is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code. Donations are tax-deductible to the fullest extent allowable under the law.

Our Donor Contribution form is here.

The WCAF requests that those who are considering year-end charitable gifts remember WCAF in their planning. Please contact your personal financial advisor or one of the WCAF Trustees for additional information.

What is the WCAF Award of Merit?

WCAF Award of Merit. The criterion for this award is a consistent record of valuable service to the Wine Correspondent Alliance Foundation (WCAF). Candidates for this award may be those who have distinguished themselves through consistent and significant contributions (either personal or through organizations such as American Wine Society (AWS) chapters and regions) to WCAF, or participation as a Trustee, or both.

Does the WCAF Award additional Meritorious achievement?

Yes, alternatively, contributions may include substantial and meritorious achievement in at least one phase of wine education, such as viticulture, enology, education, marketing or journalism. For each nominee, consideration should be given to his (her) actual accomplishments in comparison with others in the same field, and their impact on improving the quality of wine through educational efforts. Consideration may be given to the sum total of the accomplishments over a period of time. A sensational achievement in one or two years may be outweighed by a long-sustained record of valuable service with widespread impact.