Opportunities for Donors
Donors have a number of options for charitable giving. Our staff will work with you and your client to identify a gift that meets your needs.
Charitable Giving Scenarios | ||
| GOALS | ACTIONS | BENEFITS |
| Make a quick and easy gift | Contribute a gift in cash or by check | An income tax deduction and immediate benefit for the community |
| Make a gift with other existing sources | Example: Donate a life insurance policy you no longer need, or proceeds from an IRA | Current and possible future income tax deductions |
| Defer a gift until after your lifetime | Bequeath cash, property, or a portion of your estate | An estate tax deduction |
| Make a gift while minimizing the impact on taxes and capital gains | Contribute long-term appreciated stock or other securities | A charitable deduction that may reduce capital gains tax |
| Minimize the two-fold taxation on IRA or other employee benefit plans | Designate a fund at the foundation as one of your beneficiaries | May reduce tax liability on assets left to heirs |
| Receive income today while creating a permanent philanthropic legacy for the future | Create a charitable remainder trust that pays income to you during your lifetime for a designated time period | At maturity, assets benefit the fund you establish to meet the community needs important to you |
Wayne County
Community Foundation
517 North Market Street
Wooster, Ohio 44691
Phone: (330) 262-3877
Fax: (330) 262-8057
Email: [email protected]
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