Ways to Give


The simplest way to make a gift to the Foundation, either to an existing fund or to create a new fund, is with cash.


  • Cash gifts may be fully deducted for federal income tax purposes, up to 50% of your adjusted gross income.
  • Contributions above that limit may be deducted for up to five successive tax years.

Appreciated securities

Gifts of appreciated securities (stocks and bonds) offer a double tax advantage to you.


  • Avoid the capital gains tax that would have been imposed if you sold the securities yourself.
  • Take an income tax deduction. Most donors can deduct the full fair-market value of appreciated stocks and bonds up to 30% of their adjusted gross income, with a five-year carry-over period.

Closely held stock/real estate/personal property

You can also make gifts of other types of appreciated assets, such as closely held stock, real estate, jewelry and works of art. Such gifts will require special review by the Board of Trustees of the Foundation. For example, gifts of real estate may be acceptable if the real estate is readily marketable and free from environmental or other problems. Contact the Foundation early in your planning process to discuss gifts of closely held stock, real estate or other appreciated assets.


Establishing a fund at a community foundation through your will or trust is a popular planning technique, which may result in estate tax savings. You may designate the Foundation as a beneficiary of your estate to receive a percentage or a certain dollar amount or to be the residuary or contingent beneficiary. Your attorney may want to consult with the Foundation regarding proper wording for bequests.


  • May provide estate tax savings.
  • Enables you to give in the future without affecting your current finances.
  • Enables you to continue your charitable giving beyond your lifetime.

Life insurance

Life insurance provides several options for giving.

  • You may choose to name the Foundation as a beneficiary of your existing policy.
  • You may also donate an existing, paid-up policy and in turn, you will get an immediate tax deduction for the gift, usually equal to the policy’s cash surrender value.
  • Another option is to take out a new insurance policy naming the Foundation as owner and beneficiary. Your annual payments to the Foundation to pay the premiums are fully deductible as a charitable contribution.

401K and IRA

Assets held in 401K and individual retirement accounts require special consideration in your financial planning. The law requires that you pay income tax on any withdrawals from the accounts, reducing their value for you and your heirs. If these assets remain in your estate, they could incur an estate tax as well, meaning possible double taxation for your heirs.

By donating retirement assets to the Foundation during your lifetime, you can remove them from your estate, preserve more of their value and receive a federal deduction for the gift.

If you are interested in whether this giving strategy fits within your charitable giving goals, the Foundation is happy to meet with you and your professional advisors to discuss what fits best with your estate planning needs.