GIVING
Ways to Give with Community Foundation
Your Gift, Your Community, Lasting Change
Giving through the Community Foundation means investing directly in the people, causes, and future of Howard, Clinton, and Carroll Counties. From the historic streets of Frankfort to the friendly neighborhoods of Greentown, from the thriving town of Delphi to the fields surrounding Cutler — every gift leaves a lasting footprint.
You can give in ways that are as unique as your passion:
Create a donor-advised fund to support causes close to your heart.
Fund scholarships to open doors for local students.
Partner with us on community projects that uplift neighborhoods and preserve our shared heritage.
Whether you live in a larger city or a quiet rural town, your generosity strengthens the entire region today, tomorrow, and for generations to come.
Forms of Giving
Cash/Check
Charitable Gift Annuities
Charitable Remainder Trusts
Appreciated marketable securities
Closely held business stock
Life insurance policies
Mutual funds
Real estate
Tangible personal property (such as art, collections, antiques)
Qualified Charitable Distribution/IRA Charitable Rollover
(The Charitable IRA Rollover Act allows donors age 70 ½ or older to donate up to $100,000 from their IRA without counting the distribution as income. Contact your financial advisor.)
Planned Gifts
Many donors have chosen to make gifts through using a technique known as a planned gift or deferred gift. Some of these techniques allow donors to receive a regular income to supplement retirement savings. Many of these techniques make it prudent for us to work with your professional advisors to make certain that we are using the techniques that are best for you.
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PLANNED GIVING
Leaving a gift for our future generation
Many donors have chosen to work with their attorneys and accountants to make a gift to the community through the Foundation. These gifts can be very important ways to minimize taxation while improving the community and taking care of family. Many families can benefit from one ore more of these techniques, and in the process become philanthropists in ways that they never believed possible.
Bequests
Bequests are the most common way to make lasting gifts. Simply list the Community Foundation as a beneficiary in your estate plan. This is usually done through a will or a trust. Donors are encouraged to consult with our staff when preparing their estate plans to insure that the Foundation is able to carry out their wishes. View sample will language
IRA, 401(k), or Other Qualified Retirement Plan
Assets may be used to leave a legacy simply by naming the Community Foundation as a beneficiary. This is a very important opportunity for many families to consider because these plans can have very serious negative tax consequences if they are passed on to anyone other than a spouse. The exciting thing about some of these plans is the ability to provide a lot of assets to children and still be able to support your community in ways that you never thought possible. Talk to us about this one.
Life Insurance
Life insurance can be used as a planned gift by making the Community Foundation a beneficiary. This needs to be done through your insurance agent.
Charitable Gift Annuities
Many senior citizens find these gifts attractive because they provide tax deductions as well as income at a very competitive rate. Some donors have established several of these gifts as ways to be charitable and to stabilize their retirement income. Many creative things can be done with charitable gift annuities including helping to pay the college expenses of one's grandchildren.
Charitable Remainder Trusts
Many donors have found Charitable Remainder Trusts exciting ways to make great improvement in the family asset management plan as well as helping to further charitable dreams in the community. Some fantastic savings can occur when using a Charitable Remainder Trust with a qualified retirement plan.
Any of these gifts, in any amount, automatically qualifies the donors for membership in our Legacy Society. To talk with us about any of these plans call us at (765) 454-7298, or e-mail us at info@cfhoward.org. We are always glad to work with your professional advisors.
Learn More About Giving
To discuss giving methods, call us at (765) 454-7298 or email us.
To learn more about our funds click below.
Gift Acceptance Policy
We are committed to the highest ethical standards of philanthropy and shall promote those gifts that fulfill our mission and comply with fundraising laws and ethical standards. Our Gift Acceptance Policy is available to current and prospective donors upon request.
Please contact the Foundation office for more information at info@cfhoward.org or (765) 454-7298.