You can make a gift of cash, stocks, bonds real estate or other assets to the Community Foundation that will qualify for the maximum tax benefit under state and federal law. We also accept gifts made with credit cards.
You can designate a gift or portion of your estate to the Community Foundation and in some cases receive substantial reductions in federal gift and estate taxes.
Pooled Income Fund
You can place cash or property in the Community Foundation's Pooled Income Fund and receive annual income yourself, or for another named beneficiary, for life. At death, the proceeds are removed from the fund and placed in a new or existing component fund in the Community Foundation that you have selected. You receive a partial charitable income tax deduction based on the calculated remainder value of the gift.
Charitable Remainder Trust
You can place cash or property in a trust that pays annual income to you or another named beneficiary for life. After your death, the remainder of the trust sum is transfered to the Community Foundation and placed in a charitable fund you've elected. You receive income tax benefits the year you establish the trust.
Charitable Lead Trust
You can place cash and property in a trust that pays a fixed amount to the Community Foundation for the number of years you select. Once this time period ends the assets held in your name are transferred to the fund you name. In some cases you receive a substantial reduction in federal gift and estate taxes.