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When & What to Give
There are many ways of giving available to donors who wish to use the Community Foundation for their charitable giving. One advantage of using the Community Foundation to accomplish your charitable goals is the variety of assets and vehicles that can be accepted or used to meet your needs.

 
Whether you have assets you would like to give now, or a need for deferred or planned giving for the future, we have answers for you. Many common options are detailed below, and our staff is always available to answer questions about your specific situation or particular asset. Contact Dirk Sonneborn to assist you with your giving questions. Dirk is available by email or phone at 315.422.9538.

Whether you want to remove assets from your estate, avoid taxes on capital gains, establish a life income, preserve more of your estate for your heirs or provide maximum support for the causes that are important to you, the Community Foundation can help.

Use our Donor Direct Charitable Planning Calculator to learn more about various planned giving vehicles and quickly calculate an approximate charitable deduction. An easy to read report provides a summary of the calculation along with a description of the financial and tax benefits of the gift.
Ways of Giving Today
A gift of cash is the most popular way to give because of its simplicity. A cash gift of any size is welcome. You may give on-line or send a check or credit card payment in the mail.
Receive a deduction for the full fair market value and avoid paying tax on your capital gain.
Maximize value by avoiding income and estate taxes.
Name the Community Foundation owner and receive a deduction on the computed current value of your paid-up policy or premium payments.
Receive a deduction for the appraised market value, avoid capital gains tax, and redeem at new fair market value if you choose.
Receive a deduction for the appraised market value and avoid paying tax on your capital gain.
Ways of Giving Later (Through Planned Gifts)
Donors who have included the Community Foundation in their estate plans or have created a life income gift to benefit the Community Foundation qualify to become a member of our Legacy Society. If you have already named the Community Foundation as a beneficiary in your will, qualified retirement plan, life insurance policy, trusts or pooled life income funds, please let us know by completing this fillable document of our Legacy Society Information Form.

Too often in the past, generous gifts entrusted to the Community Foundation have gone unrecognized because they came at the end of the donor’s life. We ask you to use this form to let us know of your generosity so that we can say thank you! If you are interested in learning more about making a Legacy gift, we invite you to contact Dirk Sonneborn by phone at 422.9538 or by email.

Make a charitable gift from your estate with a simple bequest, as noted in your will.
Receive a life income, determined by your age, in exchange for your charitable gift and qualify for multiple tax advantages.
Tailor a charitable lead or remainder trust to your unique philanthropic and financial objectives.
List the Community Foundation as a primary, secondary or contingent beneficiary of a life insurance policy.
Make a generous charitable gift while retaining lifetime use of your property.
Preserve the value of retirement funds and prevent your family from paying estate and income taxes by naming the Community Foundation as a beneficiary.
Want to talk about your specific giving needs?
To learn more about any of these giving options, please call 422-9538 or email Dirk Sonneborn.