Fred Harmon started his scholarship fund to foster a new generation of civic-minded innovators.Read more
Ways to Give
Donors can give to the Community Foundation in two ways, through immediate gifts or planned gifts. We recommend you speak with your financial advisor to determine which options are best for you as each option offers different financial and tax benefits.
The easiest way to create a named fund or add to an existing fund at the Foundation is through cash. Gifts can be made with a check or wire transfer.
Bonds, mutual funds or stocks may be used to establish a fund or add to an existing fund. This gift of appreciated securities allows you to avoid the capital gains tax on the appreciated portion of the gift.
Property you own may be contributed to the Foundation. With this donation, you will receive the maximum tax deduction allowed by law and avoid capital gains tax on a sale.
Gifts left to the Foundation in an estate are an easy way for you to continue positively influencing the community after you are gone.
Naming the Foundation as the owner and beneficiary of an existing or new life insurance policy will allow you to receive tax deductions — immediately and with every premium payment made.
Naming the Foundation as the beneficiary of an individual retirement account, 401(k) or other retirement programs is becoming more popular as people now tend to work later in life and have saved more than enough in retirement benefits.
Charitable lead trusts provide income to the Foundation immediately and for a period of years after the property reverts to you, while charitable remainder trusts allow you to receive an income for life. Payments can vary year to year or be fixed at the time the gift is made.