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You can make a gift of cash, stocks, bonds, real estate, and works of art, life insurance, retirement benefits, and other types of assets to our Community Foundation. Most of these charitable gifts qualify for maximum tax benefits under federal law.
Besides the outright gift of cash or other assets, you can also use various giving instruments to make donations or to start a fund at our Community Foundation. Some of these come under the heading of planned gifts.
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Bequests - Many donors over the years have named the Foundation as a beneficiary in their wills. Some of the Foundation's largest funds came from such bequests, and as a result the names of Fyler and Edwards and Stanulis will be forever associated with charitable giving in the Northwest Corner. More about Bequests
Charitable Remainder Trust - This is a trust fund that provides
the donor with an annual income, usually for life, and then passes on
to a charity, or charities, what remains of the fund's principal at the
donor's death. Because of its significant tax advantages and the fact
that it continues to provide income to the donor for life, the
remainder trust has become an enormously popular vehicle for charitable
giving. More about Charitable Remainder Trusts
Charitable Lead Trust - Another increasingly popular instrument
of charitable giving, the lead trust makes periodic distributions to
the Community Foundation while preserving the principal in the donor's
name. When the trust terminates the remaining assets revert to you, or
are transferred to your heirs, often with significant transfer-tax
savings. More about Charitable Lead Trusts
Charitable Gift Annuity - This is one of several life income strategies, each of which provide the donor or some other named beneficiary with an annual income (usually for life) while also making the Foundation a beneficiary. More about Charitable Gift Annuities
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