Donors

We Can Help You Meet Your Charitable Goals

It is our mission at the Community Foundation to help you turn your charitable aspirations into reality. We want to ensure there is ease in giving and that you can obtain the maximum tax advantage for your gift. With many options for giving and ways to fund your gift, our knowledgeable staff is equipped to assist you in achieving the greatest impact with your charitable dollars. Since 1954, the Community Foundation has been serving Wabash County citizens like you.

Interested In Donating?

Here are some of the reasons you might be interested in partnering with us to help you achieve your charitable goals.

1. You wish to give back or provide perpetual support to your cherished organizations

An endowed gift to the Community Foundation can support a charitable organization of your choice or many organizations that share similar missions. Regardless of your choice, gifts to endowments are perpetual, and they will provide support to the organizations or causes of your choice forever.

2. You want to make the greatest impact out of your charitable dollars

With many charitable giving options and methods to fund your gift, our staff and/or your financial advisor can help you achieve the greatest tax advantage for your gift.

3. You know the needs in the community, but aren’t sure which organizations best address them

Our staff have built strong relationships and communicate regularly with our area nonprofits. Therefore, we are knowledgeable about the organizations and programs that are actively addressing these needs.

4. You want to give, but you don’t want the paperwork

We make it convenient for you to give online, in-person, or by mail. The process for establishing a fund is also quick and easy with our staff prepared to assist you.

5. You know what you want to support, but you aren’t sure of the best way to accomplish your goal

We administer more than 350 funds and have worked with hundreds of donors and nonprofits. We can help you find a smart and innovative solution that meets your charitable and financial goals.

6. You hope to make an impact, but you don’t want to break the bank

Gifts both large and small make a positive difference in our community. We offer many ways for you to make a difference, from a single donation to the creation of an endowment. We will work with you to find the best way to meet your charitable goals.

7. You would like to be continually involved and engaged in your charitable giving

With a variety of charitable giving options comes a range in the levels of involvement. From a one-time gift, to the creation of a donor-advised fund or advised scholarship that allow you to make frequent grant recommendations or participate in the selection of a scholarship recipient, respectively, your degree of involvement is up to you!

8. You wish to remain anonymous for your gift

We can provide varying degrees of anonymity. Whether you decide to remain entirely anonymous, or you choose to display your name and hide your amounts, we are happy to cater to your preference.

9. You hope to involve your family in giving and establish a philanthropic legacy

By involving your family, a passion for philanthropy and giving back to the community can be instilled in future generations.

10. You wish to honor or remember a loved one

An endowment or scholarship created in memory or in honor of your loved one can continue the individual's spirit and legacy.

Learn more information about our Existing Funds.

Existing Fund

How to Give

Listed below are options to fund an endowment at the Community Foundation. We are happy to assist you in deciding what options can help you achieve your charitable goal. We also recommend you consult with your financial advisor and/or legal counsel to determine the funding option that’s right for you and your financial situation.

Cash

Cash is the simplest type of charitable gift and it may qualify for maximum allowable income tax deduction.

Bequest

A gift described in your will enables you to designate a portion of your estate to the Community Foundation. In some cases, the gift can significantly reduce your federal gift and estate taxes. View our bequest language here.

Charitable Gift Annuity

Give and Receive. Charitable gift annuities allow you to make a gift to the Community Foundation, and in return, we make annuity payments to you. Charitable gift annuities also allow you to claim a deduction for the charitable portion of the gift and a portion of each annuity payment is income-tax free.

Charitable Remainder Trust

With a charitable remainder trust, you receive income similar to the charitable gift annuity, but the income may vary from year to year as the trust grows. When the trust terminates, the Community Foundation receives the remainder to address the charitable causes of your choice. You receive income tax benefits the year you establish the trust.

Charitable Lead Trust

Opposite of the charitable remainder trust, with a charitable lead trust, you can place cash or property into a trust that pays a fixed amount to the Community Foundation for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal and estate taxes.

Life Insurance

Funds from a life insurance policy can create a new endowment fund or be added to any existing fund, permitting you to make a substantial gift with ease and enjoy the resulting tax benefits.

Securities and real estate

With a gift of securities and real estate, you can receive an income-tax deduction and you may avoid potential capital gains tax. Click here for our DTC / Gift Securities Form.