This is the simplest, most convenient way to start a fund or add to an existing one. Your gift of $10,000 or more can start a fund. Gifts of any size may be added to an existing fund.
Real estate, appreciated securities and closely held stock are all suitable gifts and may be deductible as a charitable contribution. Capital gains taxes can be avoided in most cases, and deductions can be taken immediately and carried forward for up to five years.
If you'd like to give your IRA assets to specific organizations through The Community Foundation, please contact us.
If you hold a qualified retirement plan, you can name the Foundation as a beneficiary.
Designate The Community Foundation as the owner and irrevocable beneficiary of a life insurance policy, and you can enjoy an immediate tax deduction as well as deductions on future premiums.
Private Foundation Assets
When you transfer the assets of a private foundation to create a donor advised fund at The Community Foundation, you free yourself from administrative tasks and have a team of experts to assist you in your strategic philanthropic goals. Your foundation can retain its name, purpose and grantmaking discretion. We take care of the administrative functions, reporting and financial management — all for lower fees than most private foundations. Learn more.
Gifts of Real Estate
You can turn your home, vacation home, business property or land into a charitable gift through the Western North Carolina Real Estate Foundation, a CFWNC affiliate. Learn More.