Ways to Give

One of the most appealing advantages for donors who give through the Emporia Community Foundation is flexibility. To this end, we offer our donors a variety of tax-effective ways to make gifts and achieve their charitable goals. For more information about giving cash or other assets, contact Becky Nurnberg at becky.nurnberg@emporiacf.org or Loni Heinen at loni.heinen@emporiacf.org.

Cash

Cash is the easiest way to contribute to the Foundation and will qualify for the maximum allowable income tax deductions. To make a cash donation, click here or contact our office for more information.

Marketable or Closely-Held Securities

Appreciated stocks and bonds may be given to the Foundation allowing the donor to deduct their current market value as a charitable contribution and avoid capital gains tax on the appreciation. Transfers may be made by contacting our office.

Real Estate

Real Estate may be given to the Foundation at its current market value allowing the donor to receive a full charitable deduction and avoid capital gains taxes.

Life Insurance

Life insurance can be used to create a major gift for the foundation in one of two ways. First, the donor can transfer ownership of a policy to the foundation and receive a current income tax deduction in the year the transfer is made. Second, the donor, while retaining ownership of the policy, can simply name the Foundation as beneficiary of the policy effective upon his or her death. At that time, his or her estate will receive a tax deduction.

Retirement Plans

Donors can use an IRA or other retirement assets such as a 401(k), Keogh, or 403(b) to establish a new fund or contribute to an existing one.

Bequests

Bequests to the Foundation allow a donor's charitable intentions to be carried out in perpetuity and can significantly reduce the taxes otherwise payable on his or her estate. This ensures that the donor provides a lasting legacy for the causes he or she cares about most.

Transfer from an Existing Private Foundation

Administering a private foundation under IRS rules can be burdensome and expensive. Transferring the assets of such a foundation to the Emporia Community Foundation offers a cost-effective alternative for administering these funds well into the future.