A variety of giving methods tailored to your unique situation.
One of the benefits of a Community Foundation is the flexibility with which we can accept your generosity. All of the options below are acceptable, but we advise that you speak with your Professional Advisor for to ensure you use the method that makes the most sense for your financial situation. In some cases, the benefit of your gift can increase dramatically by imlementing the appropriate giving strategy.
You can make a gift of cash, stocks, bonds, real estate, or other assets to your community foundation. Your gift qualifies for maximum charitable benefit under federal law.
You can give appreciated securities to the Community Foundation to eliminate capital gains tax and get an immediate tax receipt for the market value of those securities.
You can designate a gift or portion of your estate to the Community Foundation and, in some cases, receive a substantial reduction in federal gift and estate taxes.
You can designate the Community Foundation to receive a portion or all or of the proceeds from your life insurance, reducing your estate taxes, or you can transfer the policy to the Foundation’s name and receive an immediate tax receipt for the cash surrender value.
Charitable Remainder Trust
You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to the Community Foundation, and is placed in a charitable fund you’ve selected. You receive income tax benefits the year you establish your trust.