The Community Foundation accepts a
wide variety of assets.
Cash
The simplest gift is often cash or a check.
Appreciated Securities and Closely Held
Stock
A gift of appreciated stock receives an income tax deduction
equal to its current market value.
There is no capital gain tax when stock is transferred.
Bequests
One of the simplest ways to make a planned gift is to include
a statement in your will that a share of your estate shall be
distributed to the Community Foundation for the purpose that
you name.
Real Estate or Personal Property
A gift of real estate can provide the perfect opportunity to
make a substantial gift.
Gifts of valuable items like jewelry, antiques, or art
can also create charitable legacies and lifetime income.
Donors have an option to continue to live in their homes
through a Life Estate.
Life Insurance
A donor can deduct insurance premiums by assigning a life
insurance policy to the Community Foundation as owner and
beneficiary. When the policy is redeemed, a permanent fund is
created to support the donor’s charitable goals.
Assets of a Private Foundation
Family or other private foundations can retain all the
essential prerogatives of their private foundation while being
relieved of regulatory, administrative and excise tax burdens
by using a donor advised fund or creating a supporting
organization of the Community Foundation.
IRA’s & Other Retirement Funds
Lessen the impact of income, estate and generation-skipping
taxes on a family’s inheritance by naming the Community
Foundation as the beneficiary, thus removing the asset from
the donor’s taxable estate.
A Gift from Your Business
Corporate giving and annual charitable projects can be
administered through the Community Foundation which provides
professional fund management and a positive profile for the
company at low cost.
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