As you consider contributing to your local community foundation, you may have several questions on your mind. We encourage you to contact your local community foundation to discuss the possibilities and options available by using your local community foundation.
Are you interested in contributing online to your local community foundation? Some Iowa Community Foundations are able to accept online contributions and some are not yet ready to do so. Please visit your local community foundation for more specific information.
Did you just earn a large bonus, but find yourself without the time to decide on the most deserving charities? Year-end tax planning: Establish a Donor Advised Fund at your local community foundation for an immediate tax deduction, and stay involved in your gift for years to come.
Are you thinking about establishing a private foundation, but looking for a better, simpler way? Or, are you frustrated with the ongoing management of your private foundation? Simple alternative to private foundations: Establish a Donor Advised Fund and stay personally involved with the distribution of gift dollars. Use your local community foundation’s governing body and/or staff with broad expertise for community knowledge and greater impact.
Are you passionate about meeting a specific community need and want to make a meaningful gift? Strategic giving: Your local community foundation engages individuals with expertise in local needs to recommend ways to make the greatest impact.
Do you own highly appreciated stock in a company that is about to be acquired? Sale of a business: Structure a charitable gift of stock before the company is sold to reduce capital gains and increase charitable deductions. Establish a Donor Advised Fund at your local community foundation so a once-in-a-lifetime event can help you do good, forever.
Is your personal net worth tied up in a closely held company, but want to give back? Closely held stock: Donate a portion of company stock to your local community foundation; the company may buy it back for fair market value. Establish a Donor Advised Fund or planned gift; you are eligible for a tax deduction at the fair market value of appreciated stock (less any planned gift value).
Does your estate planning identify significant taxes going to the IRS, but you want to keep tax dollars local? Preserving an estate: Reduce taxable estate through charitable bequest or other planned gift to your local community foundation. Create a personal legacy in your community that stays true to your charitable intent forever. If you have additional questions, please contact your local community foundation. |