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.

Charitable Trust

Place cash or property in a Charitable Remainder Trust that pays income to you or a loved one for life. After your death, the balance transfers to the Community Foundation for the charitable purpose you have selected. You receive income tax benefits the year you establish your trust. Or, establish a Charitable Lead Trust that pays a fixed amount to the Community Foundation for a number of years. After this period, trust assets transfer to the beneficiaries you name. In some cases, this arrangement reduces your federal gift and estate taxes.

Appreciated Stock

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. Please contact us for specific instructions on donating stock.

Life Insurance

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

Donors that have an existing private foundation may find many benefits to transferring their private foundation to an advised fund at the Community Foundation. Through a simple transfer process, donors can remain involved with their funds but without the administrative burdens. At the same time, donors can ensure that their intent, name and pattern of charitable giving are maintained in perpetuity if desired. The Community Foundation is ready to guide donors and their advisors through the private foundation transfer process. Learn more here.

Retirement Account

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: - Designated Fund - Field of Interest Fund - Any CFNF Agency Endowment Fund