GIFTS / FUNDS
Should you give through the Jackson County Community Foundation?
Consider
these three reasons:
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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.
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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.
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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.
Charitable
Funds
Establish
a fund in your name.
Any
of these funds can be established in your name, or in the name of your family,
your business, or anyone you wish to honor (see Endowment Funds for minimum gift
requirements). All grants distributed from your fund – today and in the future
– are then awarded to local charities in the name of your fund. It’s a great
way to always be involved with, and remembered for, good works in your
community.
Unrestricted
Funds
When you establish an Unrestricted Fund, your gift can address a broad range of
local needs--including future needs that often cannot be anticipated at the time
your gift is made. We evaluate all aspects of community well-being: arts
and culture, economic development, education, environment, health and human
services, neighborhood revitalization, and more. The flexibility of your
unrestricted gift enables your community foundation's program experts to respond
to the community's most pressing needs.
Field
of Interest Funds
Connecting personal values to
high-impact opportunities.
By establishing a Field of Interest Fund, you can target your gift to address
needs in an important area of community life. Arts. AIDS.
Aging. At-risk youth. You identify your personal interest area when
making your gift; our board awards grants to community organizations and
programs that are making a difference in the area you select. Your gift
stays flexible enough to meet community needs in your interest area--even as
they change over time.
Designated
Funds
Helping local organizations sustain
and grow.
Establishing a Designated Fund allows you to support the good work of a specific
nonprofit organization--a senior center, museum, or virtually any nonprofit
charitable organization. Because it's given through your community
foundation, your gift provides the organization you select not only funding, but
planned giving and investment management services and the power of endowment.
Donor
Advised Funds
A personal approach to giving.
Establishing a Donor Advised Fund allows you to make a gift to your community
foundation, then remain actively involved in suggesting uses for your
gift. You can work with the community foundation's professional program
staff to suggest ongoing uses for the fund--targeting the issues you care about
most. Grant awards are issued to charities in the name of the fund (or
anonymously if you prefer). It's a simple, powerful, and highly personal
approach to giving.
Scholarships
Investing in deserving
students.
In creating a Scholarship, you
invest in your community's future and show students you care. Your
community foundation provides the expertise to help you meet your personal goals
and awards scholarships to deserving students. Your gift can help students
achieve their lifetime dreams.
Endowing
your nonprofit organization
Nonprofit organizations can also establish a Designated Fund or agency endowment
at the community foundation. It's a simple and efficient way to build an
endowment--and help create sustainability--for your nonprofit
organization. The community foundation's experienced staff can also help
your organization develop planned giving programs and assist with investment
management and administrative details.
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

