Ways to Give

Ways to Give

A current gift of cash - No gift is too small or too large. Gifts can be made to an existing named fund, such as an organization, field of interest or scholarship fund, or to our unrestricted grant fund as memorials or charitable contributions. That is what makes this truly a community foundation.

To establish a specific endowed fund, a $5,000 minimum is required. Gifts of $25, $10, or $1  an be made to an existing named fund or to one or more of the Foundation's general funds, for memorials, scholarship, or in support of charitable organizations. Any donation received by the Community Foundation is tax deductible.

Appreciated Securities - A donor pays no capital gains tax and receives an income tax charitable deduction on the full fair market value of the stock

Closely Held Stock - There are innovative ways to donate closely held stock through the Foundation

Life Insurance - A donor may name the Community Foundation as the beneficiary of a life insurance policy naming a charitable organization or interest

Retirement Funds - A donor may donate IRAs and other retirement funds saving estate taxes

Real Property - The foundation may accept real property upon special consideration by the Investment Committee

Gift Annuities - A charitable gift annuity is a contract in which you exchange a gift of cash or appreciated securities for a guaranteed, fixed income for the rest of your life at attractive payout rates for one or two individuals. It could also give you a charitable income tax deduction, partially tax-free income, or minimized capital gains taxes. For seniors the payout rates may be as high at 10-11%

Charitable Remainder Trust - the charitable remainder trust is used to make a life income gift that specifies a percentage payout to a designated beneficiary. The beneficiary receives regular income payments equal to the percentage growth or change of trust assets from year to year, the income payment changes accordingly. The primary advantage of the charitable trust it that you can concert non-income producing assets, like high-growth, low-yielding stocks and real estate, into a trust that pays income to you without capital gains tax consequences.

Copies of our current audit report and our 990 are available for your viewing at any time in our office. To view our 990 reports on-line, please click here.