If no specific direction is given by the donor the Foundation's Board of Directors can use the funds in accordance with their judgment and discretion to achieve the goals of the Foundation. The intention is to receive money in a fund and use the interest income to help fund MPEF projects as necessary. In recent years, the interest income has been used for scholarships. A major goal of the Foundation is to obtain additional funds for the Foundation so that the interest earnings will increase and more money will be available for scholarships and advance the purpose of the Foundation. Gifts to the Minnesota Professional Engineers Foundation are tax deductible.
Contributions can be of many types and can be made in several ways.
Acceptable contributions are those of cash, gifts of personal property, securities and real estate, life insurance, trust fund and inclusion of the Foundation in a will. We encourage you to examine your resources and your desire to help. Consult with your tax accountant or lawyer to determine which is the best plan for you. Thank You for your Consideration.