Ways of giving
 The Community Foundation accepts a wide variety of gift properties and urges its donors to visit with its staff and/or talk with their professional advisors to discuss ways to maximize the tax consequences of their gifts. Ways to give include:
Cash
While a gift of cash is the simplest to make, many donors use other appreciated assets to establish a fund with the Community Foundation.
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. Gifts of closely held stock enjoy the same tax benefits as publicly traded stock.
Please click here for further information on how to make a gift of stock.
Bequests
One of the simplest ways to make a planned gift is to include a provision in your will that a share of your estate will be distributed to the Community Foundation for the purpose that you name. Click here for sample bequest language or call the Foundation to talk about options.
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 significant legacies and
lifetime income. Donors have an option to continue
to live in their homes through a Life Estate arrangement.
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 creating
a donor advised fund or a supporting organization at the Community
Foundation. Click here for additional services available
to private
foundations.
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, thereby removing the asset
from the donor’s taxable estate. Facts
about the Charitable IRA Rollover
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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