Central Carolina Community Foundation

Immediate Giving Options

Gifts of Cash

A cash gift is the easiest way to create a named fund or add to an existing fund at the Community Foundation.  Up to 50 percent of your client’s adjusted gross income can be deducted in any one year.  Deduction amounts exceeding this limit may be carried forward for up to five additional years.  Cash gifts can be made with a check, wire transfer or a national credit card.

Securities

Gifts of appreciated securities, (bonds, mutual funds and stock), may be used to establish a fund or add to an existing fund.  Your client can deduct the full market value of his charitable gift up to 30 percent of his adjusted gross income.  Deduction amounts exceeding this limit may be carried forward for up to five additional years.  Making a gift of appreciated securities allows your client to avoid the capital gains tax on the appreciated portion of the gift.

Real Estate

Your client may contribute owned property to the Community Foundation.  Real estate gifts are an ideal way to attain a level of giving your client might not have previously considered possible.  By donating real estate, he or she receives the maximum tax deduction allowed by law and avoids capital gains tax on a sale.