With smart giving in 2016, you can increase your capacity for giving in 2017 and beyond.
2017 has provided no shortage of opportunities for sharing what we have to meet the needs of those devastated by earthquakes, hurricanes and man-made cataclysms. Unfortunately disasters and tragic events are perennial aspects of human society, and so we regularly find ourselves wishing we could do more.
Smart year-end giving is one way to do more, and the Community Foundation provides uniquely powerful tools for expanding the capacity of your charitable impact.
BECOMING A FUND HOLDER provides 3 significant benefits:
- Simplify your giving with an efficient alternative to a private foundation
- Amplify your giving by donating appreciated assets today that can be spent down later
- Expand your impact by accessing our broad and deep knowledge of community needs and opportunities
Contact our Lora Terry to find out how simple it is to open a fund and join our community of donors.
CURRENT FUND HOLDERS, now is the time to think about turning your appreciated assets into charitable dollars, avoiding capital gain taxes on those assets in addition to securing an income tax deduction for 2016. For example, if you have an IRA and a required minimum distribution in excess of your personal needs, you can avoid tax liability altogether with an IRA Rollover that provides a permanent stream of income that will well exceed the annual gift you normally make to your favorite charity from your checking account.
Talk to your professional advisor about ways you can make the most of what you have today in order to give away more tomorrow, or call our Director of Gift Planning, Brooke Coleman for help with smart giving.