Ways of giving
 All gifts, large and small, are welcome. Donors can give to an existing fund, start a new fund or make an unrestricted gift. More details on how to start a new fund appear on the following page.
Giving Now
In addition to outright gifts of cash, appreciated securities, and in some cases, real estate, there are numerous other giving vehicles for a donor to consider. These types of planned gifts can be used to add to existing funds or to establish named funds at the Foundation, as well.
Giving Later
Bequests in Wills and Trusts—The donor can designate
a gift or portion of his/her estate to the Foundation and,
in some cases, receive a substantial reduction in federal
gift and estate taxes. Bequests are directed to the fund or
purpose specified by the donor.
Retirement Plan Designations—A donor may realize significant tax benefits by naming the Foundation as a beneficiary of his/her qualified retirement plan.
Life Insurance—A donor may make a gift of a life insurance policy irrevocably designating the Foundation as the owner and beneficiary of the policy. Or, a donor may name the Foundation as a percentage beneficiary of a life insurance policy owned by the donor.
Remainder Interest in Real Estate—Donors may
deed their real estate, such as a personal residence or vacation
property, to the Foundation and retain use of the property
for the rest of their lives.
Gifts That Provide Income
Charitable Gift Annuity—The donor makes a gift of cash or property now and gets immediate tax benefits. The donor (or a loved one) receives fixed quarterly or annual income payments for life. After the donor’s death, the remainder is directed to the fund or other charitable purpose at the Foundation specified by the donor.
Charitable Remainder Trust—The donor places cash or property in a trust that pays annual income to him/her (or another named beneficiary) for life. After the donor’s death, the remainder of the trust transfers to the Foundation and is placed in the fund or purpose specified by the donor. The donor may receive income tax benefits in the year the trust is established.
Charitable Lead Trust—The donor places cash or property in a trust that pays a fixed amount to the Foundation for a number of years specified by the donor. Once this period ends, the assets held by the trust are transferred to the beneficiaries named by the donor. In some cases, the donor receives a substantial reduction in federal gift and estate taxes.
Each individual, family, or organization has unique charitable interests and unique financial circumstances. Our goal is to assist professional advisors in helping their clients make the most of both so that they receive the greatest return on their community investment |