Giving – For Good. For Ever.

Real estate or personal property may be given to the Community Foundation. Of course, all gifts qualify for a charitable tax deduction in the year the gift was made.

Appreciated securities, when donated, allow you to avoid paying the capital gains tax while providing an accompanying income tax deduction for the current fair-market value.

Naming the Community Foundation as the beneficiary and owner of an existing or new life insurance policy allows you an immediate tax deduction which usually approximates the cash surrender value of the policy. Insurance premiums paid after the transfer of the policy can be deductible as a charitable contribution.

A charitable remainder trust allows you, or someone you choose, to receive an income for your lifetime by transferring assets to a trust, which qualifies for an immediate tax deduction. The amount of the deduction varies according to the age of the income recipient. When the trust ends, the remainder is placed in a permanent fund at the Community Foundation in your name, with the annual distributions made in accordance with your wishes.

Charitable gift annuities let you make a substantial gift while retaining the right to a lifetime income. The amount of income allowed is a fixed amount based upon your life expectancy. When the income is no longer needed, the remainder supports the charitable cause you have selected.

With a charitable lead trust, the Community Foundation receives an annual payment for your lifetime or for a specified number of years. When the trust terminates, the principal is returned to you or others that you have designated.

Private foundations and/or trusts often require time and money to manage. By transferring your private foundation and/or trust to the Community Foundation, all responsibilities for reports and administrative duties will be carried out by the staff of the Community Foundation. Since the Community Foundation does not pay excise tax, more income is available to benefit your favorite charities.