The charitable donation can be a portion of the donor’s GiveBack dividend or 100% of the dividend. Additionally, the donor may choose to give 100% of their dividend plus additional funds. The amount donated from my 2018 GiveBack dividend is non-refundable and cannot be canceled, altered or returned once completed.
Workers Credit Union will provide the designated charity with the full amount donated, donor’s name and mailing address. The charity designated will provide an acknowledgement letter of the donation to the donor.
Workers Credit Union does not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for tax, legal or accounting advice. The donor should consult their own tax, legal and accounting advisors before engaging in any transaction.
If the charity selected no longer accepts donations or is no longer recognized by the IRS as a public charity, Workers Credit Union will contact the donor to request an alternate participating charity. If there is no response within thirty (30) days, Workers Credit Union will select another charity from the available participating Charities in the 2018 GiveBack Program.
Please note that each charity reserves the right to use the donation for their general purposes. They will use the donation for any purpose in accordance with their own guidelines.