WAYS TO GIVE
TYPES OF GIFTS
One of the many benefits of working with a community
foundation is the ease at which we manage a variety of assets
and gifts for charitable giving. A donor may utilize charitable
donations and gifts by putting them towards an existing fund,
or the Community Foundation can explain how to start a fund
with those assets. Let us help you make your philanthropy
ideas a reality.
CASH
Cash is the simplest way to add to or create your own fund. Your
gift immediately establishes your charitable fund from which
you can make grants or award scholarships.
STOCKS AND SECURITIES
Stocks, bonds and mutual funds that have appreciated over
time provide a greater tax benefit to you than gifts of cash.
They’re easily transferrable, transfer at full market value and
allow you to avoid capital gains taxes.
PROPERTY
Tangible property or personal property such as artwork, musical instruments, books, computer equipment, furniture and
automobiles can be donated to the Community Foundation of
Collier County.
REAL ESTATE
All types of real estate make excellent charitable gifts. Your current home, investment property, vacation homes and land can be
used for charitable purposes. Often, a home is the largest asset a
donor can give. You receive an immediate tax deduction for the
full appraised value and avoid capital gains taxes if you’ve held
the property for more than 12 months.
RETIREMENT ASSETS
Retirement plans are often decimated by taxes at the end of life.
Using these assets to add to or create a fund is a way to preserve
their value and carry out your charitable wishes. There are also
significant tax advantages for individuals age 70 and over.
“
Change always comes bearing gifts.”
— Price Pritchett
LIFE INSURANCE
Often, life insurance is not needed later in life. You can establish
your charitable Fund by naming the Foundation as a beneficiary.
You may also purchase a policy in the Foundation’s name and
earn an additional tax deduction each time premiums are due.
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