Ways to Give

Ana Espinoza and Jerry Lopez made a legacy gift to the Commuity Foundation.
"We trust the Community Foundation to use our legacy gift to help children and provide services to those that need it most." - Ana Espinoza and Jerry Lopez 

Each charitable gift is unique. Every donor has different philanthropic interests, as well as a different financial situation.

We offer flexible and strategic giving options tailored to your charitable interests and your financial needs.

Working with our professional staff, you get the experience and expertise to successfully design and implement an effective giving plan.

Give Now

We can accept a wide variety of outright gifts including cash, securities, life insurance and real estate. 

A cash gift is the simplest way to establish a fund or give to an existing one. Cash gifts are fully deductible up to 50 percent of the donor's adjusted gross income in any one year. Deduction amounts exceeding this limit may be carried forward for up to five additional years. Actual tax savings from gifts of cash depend on your tax bracket.
Gifts of appreciated securities (stocks, bonds and most mutual funds) also offer tax advantages. If you have held the securities for one year or longer, the current value of the securities is tax deductible up to 30 percent of your adjusted gross income. Deduction amounts exceeding this limit may also be carried forward for an additional five years. You do not have to pay federal or state capital gains taxes on the appreciated portion of the gift.
We can accept a gift of a residence, commercial building and income producing or non-income producing land. A gift of real estate owned for more than one year entitles you to a tax deduction for the fair market value of the property. You also avoid paying capital gains taxes.

Give Later

Including the Community Foundation in your estate plan is an easy way for you to make a significant impact on community needs and create a legacy that lasts forever. You can use a variety of assets to make a planned gift and accomplish your charitable goals.

Including a charitable bequest in your will or living trust to the Community Foundation is a simple way to make a lasting gift to your community. A charitable bequest can be a specific dollar amount, a percentage of your estate, or what remains after other bequests are made. Your gift will set up a fund according to your charitable intent.

To accommodate changes in your charitable interests over the years, our memorandum of charitable intent provides a simple way to make the changes without having to go back to your attorney.

Learn more about our memorandum of charitable intent [PDF 249KB] and how it works.

Name the Community Foundation as a beneficiary of your policy. Your estate will be entitled to an offsetting charitable deduction. You can also name us as the owner and beneficiary of an existing or new life insurance policy. You will receive an immediate tax deduction that usually approximates the cash surrender value of the policy. All premium payments made thereafter are deductible as a charitable contribution.
You can name the Community Foundation as the designated beneficiary of a retirement plan (e.g., IRA, 401(k), 403(b), etc.). These are advantageous types of assets to leave to charity because they can be taxed heavily when left to heirs. Leaving a retirement plan to the Community Foundation ensures that 100 percent of your gift will support your charitable interests.

Charitable Gift Annuity

You can establish a charitable gift annuity for as little as $10,000 in cash or securities.

You get an immediate income tax deduction, a guaranteed payment you can count on for life for you or a loved one, and leave a legacy that will support the causes important to you forever.

Payments are fixed and based on your age. The older you are the greater the annuity payment.  If you choose, you can receive an income tax deduction now and defer receiving the annuity payments until a future date of your choosing.  After receiving annuity payments for life, the remainder can create a named fund for the long-term community benefit of your choice.

The tax advantages of both a current and deferred annuity are two-fold.

First, you receive an immediate charitable income tax deduction when you create your annuity.

Second, a portion of the payments you receive may be treated either as tax-free return of principal or long-term capital gains.

These tax advantages increase the effective value of the annuity payments.

 

Charitable Remainder Trust

We can administer charitable remainder trusts, which provide you or other named beneficiaries with income for life or for a specified number of years.

Establishing a trust is easy.

Cash or property is transferred to the trust.  The income beneficiaries receive annually an amount equal to a fixed percentage of the trust’s fair market value or a fixed dollar amount.

Upon termination of the trust, the assets are transferred to the Community Foundation to support your charitable interests.