Ways to Give
Charitable Gift Types
Cash or Check
You can make a gift of cash or by check to any fund at the Community Foundation and receive the maximum tax advantage under federal law.
Bequest by Will
Establish a fund in your name (or in the name of your family) by designating a gift or portion of your estate to the Community Foundation. In some cases, a substantial reduction in federal gift and estate taxes.
Your gift of stock qualifies for an immediate tax deduction based on the full market value. By making a stock gift, you can avoid capital gains taxes that would be due as a result of its sale and establish a charitable fund that benefits the local causes and organizations you care about most.
Make our community the full or partial beneficiary of a life insurance policy. It’s a simple way to make a major gift to the community that you call home (with possible tax benefits during your lifetime).
Private Foundation Transfer
Naming the Community Foundation as a beneficiary of your retirement account (401(k) or IRA) is an easy way to make a significant, lasting gift that may not be possible during your lifetime and with no need to modify your will or estate plan. Individuals with a retirement account are required to withdraw their IRA Required Minimum Distribution (RMD) annually atarting at age 72 (70 ½ if you reach 70 ½ before January 1, 2020).
IRA or IRA Required Minimum Distribution (RMD)
You can transfer your IRA or IRA RMD directly to the following types of funds: