Philanthropy is uniquely personal.
It reflects your aspirations and values. It expresses your humanity and your empathy. It’s good for your health, your heart, and your soul. But how can you be certain you’ll make the most impact with your contributions?
At the Community Foundation, we can help you make your charitable giving purposeful and effective. Our experienced staff provides insight into community needs and prudent due diligence. Whether you’re making an annual gift or creating an endowment, we offer flexible giving options, professional investment management, and simplified administration. The benefits are great. The rewards are priceless.
Current Gift Options
We accept cash donations as well as a variety of other assets. We can help you understand the benefits of different types of gifts and the most effective way to apply them. And we are flexible. If you have ideas of your own, please inquire. We’re here to make sure your giving makes an impact.
Cash
Cash donations, by check or bank transfers, are the easiest and most popular form of giving.
Securities
Gifts of appreciated securities you have owned for over a year can be especially beneficial to you in terms of your tax liability. These securities are deductible at fair market value up to 30 percent of your Adjusted Gross Income. As with cash, amounts exceeding this limit may be deducted for five additional years. In addition, you can avoid long-term capital gains tax on the increased value of appreciated securities. Unlike many other charitable funds, we also accept gifts of non-marketable securities, such as privately held or restricted stock, on a case-by-case basis. This may give you greater flexibility in tax planning.
Real Estate and Other Real Property
We accept gifts of real estate, such as houses, ranches, land, and commercial buildings, on a case-by-case basis. A gift of real estate that you have owned for more than a year may entitle you to take a tax deduction for the fair market value of the property to avoid paying capital gains tax. If you donate a personal residence or ranch and live on the property for the rest of your life, you can receive a current tax deduction for the future value of your gift.
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Planned Gift Options
Thoughtful planned giving is the ideal way to support your favorite charities for the long-term.
Bequests
Bequests allow you to establish a legacy that benefits causes close to your heart—and enable you to keep assets during your lifetime. Bequests can take a variety of forms including specific dollar amounts or particular assets.
Life Insurance
You can gift life insurance and secure an estate tax deduction by naming the Community Foundation as a beneficiary of an insurance policy. Or, you can get a tax deduction by donating either a paid-in-full policy or one for which premiums remain to be paid. Gifts of life insurance offer a way to meet your philanthropic interests without affecting personal assets you intend for your family or others.
Life Income Gifts
Life Income Gifts allow us to invest proceeds of assets you donate and then pay income to you, or designated beneficiaries, for life or a set time period. With these gifts, you get an immediate tax deduction and leave a significant, lasting legacy. Apart from enhancing your income, life income gifts can also be used to remove assets from your taxable estate, reduce or eliminate capital gains tax, and improve income from low-yield, high-value assets.
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Giving through the Tin Cup Challenge
Modeled after Old Bill’s Fun Run, the Tin Cup Challenge is designed to maximize collaborative community impact. The Tin Cup Challenge strengthens the tremendous work of Teton Valley’s nonprofits, encourages everyone to give, and fosters the spirit of generosity in our community.
You can select from several giving options through the Tin Cup Challenge, depending on your charitable goals.
