Get the free Payroll Deduction for Foundation - Longview School District

LONGVIEW SCHOOL DISTRICT NO. 122 Payroll Department REQUEST FOR PAYROLL DEDUCTION EMPLOYEE NAME: (please print) Payroll Deduction: Longview Public School Foundation CHANGE REQUESTED: AMOUNT OF MONTHLY

How to fill out payroll deduction for foundation

How to fill out payroll deduction for foundation:

1. Begin by obtaining the necessary payroll deduction form from the foundation. This form is usually provided by the foundation's human resources department or can be downloaded from their website.
2. Fill out your personal information accurately on the payroll deduction form. This typically includes your full name, employee ID or social security number, contact information, and job title.
3. Identify the foundation to which the payroll deduction will be directed. Indicate the name of the foundation, its address, and any other required details. Make sure to double-check the foundation's information to ensure its accuracy.
4. Determine the amount you wish to deduct from each paycheck. This can be a fixed amount or a percentage of your earnings. Be mindful of any minimum or maximum limits set by the foundation.
5. Specify the purpose or designation of your payroll deduction. This could be to support a specific program, project, or initiative undertaken by the foundation. If applicable, provide any additional instructions or preferences related to your contribution.
6. Review the form thoroughly to ensure all information is accurately provided. Double-check for any errors or omissions that could potentially delay or misdirect your payroll deduction.
7. Sign and date the form, indicating your acknowledgment and agreement to the terms and conditions outlined on the form. Ensure your signature matches the one on file with the foundation or your employer.
8. Submit the completed payroll deduction form to the designated department or individual within your organization responsible for processing these deductions. Retain a copy of the form for your records.

Who needs payroll deduction for foundation?

1. Employees who wish to support a foundation or philanthropic cause through regular contributions can utilize payroll deduction. It allows for a convenient and consistent way to contribute funds from their paycheck without having to make separate donations.
2. Donors who prefer automated and hassle-free methods of giving may opt for payroll deduction. By authorizing deductions directly from their wages, they can ensure that their contributions are consistently made and will continue for their desired duration.
3. Foundations or organizations that raise funds through payroll deductions also benefit from this system. It enables them to receive a steady stream of financial support from employees who choose to contribute a portion of their earnings to the foundation's cause.

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