Outright gift is a donation of cash or other assets such as stock, real estate or personal property.
Cash contributions are the simplest and most popular type of charitable contribution. Such a gift is considered to be made on the date it is delivered or postmarked. Matching gifts from employers can be double or sometimes triple the value of your giving. Your employer’s human resource office will have the necessary matching gift forms […]Read More
Appreciated stock, bonds, closely held stock in family business and other property can be gifted to the Community Foundation of Monroe County. Such gifts of appreciated securities often provide the most favorable tax benefits to the donor. The value of donated stock is determined by the mean of the stock on the date of gift. […]Read More
Gifts of art, jewelry, antiques, rare books, manuscripts and other similar property may be donated to the Community Foundation of Monroe County. Such gifts should be accompanied by a letter of transmittal outlining the specific requirements regarding the use of the gift. When selecting this form of gift, it is the responsibility of the donor […]Read More
Gifts of real estate to the Community Foundation of Monroe County may provide a convenient way to support the Foundation. Real Estate may be given at the appraised value so the donor can receive a full charitable deduction and avoid capital gains. Real estate may be contributed as an outright gift or deferred. For instance, […]Read More
Life Insurance can be used to create a major gift at relatively low cost to the donor. If the Community Foundation is named owner or beneficiary of a new or existing policy, the donor receives a tax deduction. Additional premiums paid through the Foundation are tax deductible, and proceeds pass to charity, free of estate […]Read More