Contribution Benefits

The fund welcomes gifts and memorials from USPS members, friends, corporations and other foundations. Because the Internal Revenue Service has determined it to be a “qualified organization” under section 501(C) (3) of the Internal Revenue Code, all contributions to the fund are fully deductible from income, gift and estate taxes.

It is a beneficiary of many wills and has received bequests in all amounts. All such bequests, legacies, transfers and gifts are fully deducible for estate and gift tax purposes.

Squadrons making a separate contribution of one dollar or more per member during a year receive a Certificate of Merit and a place on the year's honor roll. The honor roll is published after 30 November and is distributed at a USPS Annual Meeting.

All donations received are recorded in the Log of Gifts and Memorials, and unless the donor specifies otherwise the money is placed in the principal account and will not be spent. Capital gains obtained from investments are reinvested in the principal fund to recover any losses due to inflation and will continue to be until they exceed such losses.

All gifts are acknowledged to the donor and an appropriate announcement is sent to any person specified by the donor.