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Giving to the foundation is easy. There are a wide range
of gift vehicles available to you.
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In your Will you can designate a portion of your estate
for the Community Foundation. In many cases this reduces
estate and inheritance taxes.
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- Cash, appreciated securities
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You receive a charitable income tax deduction. With gifts
of securities you avoid capital gains taxes.
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- Charitable remainder trusts
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You receive an income for life, an income tax deduction,
avoid capital gains tax on appreciated securities with a
remainder to charity.
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- Individual retirement account (IRA)
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By giving away the undistributed assets you can avoid income
taxes and/or inheritance taxes.
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If you have out grown the original reason you bought a
life insurance policy, this can be an excellent gift and
a tax deduction, too.
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