Where Can I Designate My Gift?
When you give, you can address a broad range of local needs. Arts. AIDS. Aging. At-risk youth. These are just a few aspects of local life addressed by the Community Foundation.
Should you give through the Jackson Community Foundation? Consider these three reasons:
- Your donations work forever. When you donate through our endowment funds, your gift principal never gets spent. It’s carefully invested, and the earnings are used to benefit your community through annual grants. Plus, each gift is fully tax deductible, and qualifies for maximum benefit via the Michigan Community Foundation Tax Credit.
- You can create a personal legacy of giving. We offer a variety of giving options - including the ability to set up a charitable fund in your family’s name. If you desire, you can even be involved in the distribution of grant dollars generated by your fund. It’s a highly personalized approach to giving.
- You can create a personal legacy of giving. We offer a variety of giving options - including the ability to set up a charitable fund in your family’s name. If you desire, you can even be involved in the distribution of grant dollars generated by your fund. It’s a highly personalized approach to giving.
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Charitable Instruments
Every donor is special. Each individual, family, or business we work with has unique charitable interests…and unique financial circumstances. We help you make the most of both to do lasting good work in our community.
Outright Gift
You can make a gift of cash, stocks, bonds, real estate, or personal property to the Community Foundation. Your gift qualifies for maximum charitable benefit under state and federal law.
Bequest
You can designate a gift or portion of your estate to the Community Foundation, and in some cases receive a substantial reduction in federal gift and estate taxes.
Charitable Remainder Trust
You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to the Community Foundation, and is placed in a charitable fund you select. You receive tax benefits in the year you establish your trust.
Charitable Lead Trust
You can place cash or property in 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 in you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.
Gifts of ALL Sizes are Important
You don’t have to be wealthy to be a philanthropist! The Community Foundation accepts gifts of all sizes – from $5 to $500,000. No matter what the size of your gift, when it’s combined with hundreds of other gifts, it will continue to grow as part of the Foundation’s endowment and provide benefits far into the future. |
