We accept cash & stock donations as well as a variety of other assets. The Community Foundation 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. Thoughtful planned giving is the ideal way to support your favorite charities for the long-term.
Planned Giving Options
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.
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.
Real Estate or 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.