Planned Giving

Other Planned Gifts

Life Insurance
Life insurance is an easy way to make a significant contribution. You may give a policy that is no longer needed, take out a new policy or name The Community Foundation as a beneficiary of an existing policy. Depending on the arrangement you choose, an immediate tax deduction and/or estate tax deductions may be available.

Retirement Accounts
Qualified retirement plan accounts, including IRAs, are subject to federal and state income tax as well as estate tax. Recent law changes have made it easier to use these assets for the charitable causes that you most care about while still addressing the needs of your family.

Pooled Income Fund
A contribution to the pooled income fund provides a variable amount of income to you annually, depending on the earnings of the fund. At the end of your lifetime, your asset benefits the charitable purposes that you designate at The Community Foundation.

Charitable Lead Trust
This type of trust provides income to your charitable fund for a fixed number of years. At the end of the term, the remaining assets in the trust are returned to you or your heirs. This is a gift that works best for donors with relatively large estates, and significant income producing assets.

Life Estate
You may make a gift of your residence or vacation home to The Community Foundation and continue to live in the home for your lifetime. You'll be entitled to a charitable deduction in the year that the property is deeded to The Community Foundation and the property is removed from your estate for estate tax purposes. Upon your death, The Community Foundation will sell the property and use the proceeds for the charitable purposes that you have chosen.

Other Assets
The Community Foundation can help you include other types of assets including closely held stock, stock options, limited partnerships and commercial annuities in your philanthropic planning.

We are happy to work with your professional advisors to devise a plan that will achieve your charitable objectives in the most efficient and tax-advantaged manner.

For more information, contact Sheryl Aikman, Vice President, Development.