GIVE TO THE FOUNDATION
Discover all the ways you can provide long-lasting support to your community. We can help. DONATE NOWDONATE LATEROVERVIEW
Why Choose Our Community Foundation?
We are here to provide our donors with services that make a difference.
- We are building a permanent, regional financial resource using endowment funds that will grow and benefit our communities.
- We help donors create an individual or family endowment and preserve donor intent.
- We offer personalized service including donor and family involvement and assistance with selecting charities. All in a professional and confidential setting.
- We provide a simple way to fulfill multiple charitable intents with low administrative fees.
- We accept a wide variety of assets and offer maximum tax advantage.
- We are a center of expertise for creating endowments and enjoy accreditation from the National Council of Community Foundations.
Here is how it works:
- You make a gift to your community foundation. You can give cash, appreciated stocks, real estate, or other assets.
- We set up a special fund in your name, in the name of your family or business, or in honor of any person or organization you choose.
- You receive tax benefits in the year your gift is made.
- Based on the type of fund you establish, you may be able to stay involved in the good works your gift makes possible. You can recommend an area or organization you’d like your gift to support, or rely on the community foundation’s experienced program staff to determine and address the areas of greatest need in our community.
- Our board issues grants in the name of the fund you establish (if you prefer, grants can be made anonymously).
- We handle the administrative details.
- Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing community needs. Your gift and all future earnings from your gift is a permanent source of community capital, helping do good work forever.
Types of Funds
Discover how you can become a Foundation fundholder
TYPES OF FUNDS
Explore the many types of funds that serve specific purposes. Click the photo to view/download PDF.
Endowment
Donor Advised Fund
A personal approach to giving.
Establishing a Donor Advised Fund allows you to make a gift to your community foundation, then remain actively involved in suggesting uses for your gift. You can work with the community foundation’s professional program staff to suggest ongoing uses for the fund targeting the issues you care about most. Grant awards are issued to charities in the name of the fund (or anonymously if you prefer). It’s a simple, powerful, and highly personal approach to giving.
Click on photo to view/download PDF.
Unrestricted Fund
Meeting ever-changing community needs.
When you establish an Unrestricted Fund, your gift can address a broad range of local needs including future needs that often cannot be anticipated at the time your gift is made. We evaluate all aspects of community well-being: arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables your community foundation’s program experts to respond to the community’s most pressing needs, today and tomorrow.
Click on photo to view/download PDF
Field of Interest Fund (FOI)
Connecting personal values to high-impact opportunities.
By establishing a Field of Interest Fund, you can target your gift to address needs in an important area of community life. Arts. AIDS. Aging. At-risk youth. You identify your personal interest area when making your gift; our board awards grants to community organizations and programs that are making a difference in the area you select. Your gift stays flexible enough to meet community needs in your interest area even as they change over time.
Click on photo to view/download PDF.
Scholarship Fund
Investing in deserving students.
In creating a scholarship, you invest in your community’s future and show students that you care. Your community foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Your gift can help students from preschool to postgraduate achieve their lifetime dreams.
Click on photo to view/download PDF.
Designated Fund (DF)
Helping local organizations sustain and grow.
Establishing a Designated Fund allows you to support the good work of a specific nonprofit organization, senior center, museum, or virtually any nonprofit charitable organization. Because it’s given through your community foundation, your gift provides the organization you select not only funding, but planned giving and investment management services and the power of endowment.
Click on photo to view/download PDF.
Supporting Organization
High impact, high involvement, low hassle.
A Supporting Organization is an excellent alternative to a private foundation with only a fraction of the administrative responsibilities. You select some of the board members, maintain personal involvement, and support the causes you care about most while enjoying the favorable tax treatment of a public charity. Leave investment management, startup costs, grant administration, and reporting to us!
Agency Fund
Endowing your nonprofit organization.
Nonprofit organizations can also establish a Designated Fund or agency endowment at the community foundation. It’s a simple and efficient way to build an endowment and help create sustainability for your nonprofit organization. The community foundation’s experienced staff can also help your organization develop planned giving programs and assist with investment management and administrative details.
WHAT YOU CAN GIVE
Turn your charitable assets into charitable good by making a gift in the method that works best for you.
Outright Gift
The simplest way to make a big difference.
You can make a gift of cash, stocks, bonds, real estate, or other assets to your community foundation. Most charitable gifts qualify for maximum tax advantage under federal law.
Gift of Real Estate
A charitable gift unearthed.
Making a charitable gift of real estate through your community foundation can help you turn your property gains into community good. The value of your real estate may exceed that of any other asset you own. With the help of your community foundation, you can use it to fulfill your charitable interests and receive financial and tax benefits.
Gift of Life Insurance
Community as your beneficiary.
Life insurance provides a simple way for you to give a significant gift to charity, with tax benefits that you can enjoy during your lifetime.
Charitable Beneficiary Designation
Choosing community over taxes
Naming the Community Foundation as a beneficiary of your retirement plan is not only easy to do, it is a way to make a lasting gift to your community that may not be possible during your lifetime.
Click the photo to view/download PDF.
Gift of Appreciated Stock
Turning stock market gains into community investment.
Everybody wins when you make a gift of appreciated stock to your community foundation. Your gains are put to good use. Your gift of stock is reinvested in your community, and it qualifies for an immediate tax deduction based on the full market value.
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HOW YOU CAN GIVE
A variety of giving methods tailored to your unique situation, including how to leave a legacy.
Bequest By Will
A legacy of giving.
Including a charitable bequest in your will is a simple way to make a lasting gift to your community. When you make this gift through your community foundation, we establish a special fund that benefits the community forever and becomes your personal legacy of giving.
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Charitable Gift Annuity
Income for today, a gift for tomorrow.
Giving through a charitable gift annuity allows you to arrange a generous gift to your community while providing yourself a new income source you can count on for the rest of your life.
Charitable Remainder Trust
Giving through a charitable remainder trust allows you to receive income for the rest of your life, knowing that whatever remains will benefit your community.
Charitable Lead Trust
Giving back to your community and your loved ones.
A charitable lead trust helps you build a charitable fund with your community foundation during the trust’s term. When the trust terminates, the remaining assets are transferred to you or your heir(s), often with significant transfer-tax savings.
There is so much more we’d like you to know. For more information and ideas on ways to integrate your financial planning with charitable giving, ask your financial advisor or contact the Community Foundation at 715-232-8019.