DEFERRED GIFTS can be made today, but make impact at some point in the future, usually after the donor or beneficiaries are gone.

• Charitable Gift Annuity - This is a life income gift that benefits both donor and charity. In return for an irrevocable gift of cash or securities, the Foundation agrees to pay a fixed amount every year for the lifetime of one or two designated individuals. The fixed income is based on the age and number of the annuitant(s).  

• Life Insurance - You can name the Community Foundation the beneficiary of a policy that has served its original purpose.  You may be entitled to an immediate tax deduction in the amount of the cash value of the policy and a deduction for the premiums paid thereafter.
  
  
• Retirement Accounts - You can receive tremendous estate tax benefits by naming the Community Foundation as the beneficiary of your IRA or 401K.
  
  
• Bequests - You may name the Community Foundation a specific bequest of personal property in your will (cash, securities, devise of real property).  It can also be named as the residuary beneficiary of your estate.
  
  
• Charitable Trusts - The Foundation can be named as trustee, providing income to one or more beneficiaries specified by you.  Upon the death of the life income beneficiaries, the trust reverts to one of the types of funds in the foundation. The trust instrument specifies the type and purpose of the fund to be established.
  

Click here for a printable donation form.