We can accept almost any type of real property as a gift – a personal residence, farmland, vacation home, parcel of land – and eliminate the expense to you of managing or selling it. These gifts require specific procedures to accept and process, so please contact us in advance.
Making a gift through your will is easy and may reduce your taxable estate. With this type of gift, you maintain control over your assets now and support the charities that matter to you later. You can designate a gift of a specific dollar amount, a percentage of an estate, or the remainder of an estate after other bequests are made.
1. Establish a charitable fund with Our Community Foundation by making an irrevocable donation and signing a Fund Agreement. Funds can be established with gifts totaling $10,000 or $25,000 for scholarship funds.
2. Your fund may be established with cash, publicly traded securities, closely-held stock, mutual funds, real estate, retirement accounts, insurance policies, planned giving tools, or a combination thereof. A gift may also be made through a bequest in your will.
3. Name the fund as you wish.
As a Community Foundation donor, you have the flexibility to create and shape your own charitable fund to reflect your personal goals and desires. We offer many different types of funds, each of which has distinctive goals.
An Unrestricted Community Fund allows Our Community Foundation to make grants to a variety of community programs and services that address community needs. If you care deeply about Daviess County, this is a great way to give back to the community. These funds are flexible community resources that can respond to changing and emerging needs.
A Field of Interest Fund gives you the opportunity to target your contribution to one or more fields of interest that you care about most such as education, youth, health, the arts, etc. These funds are broad in scope yet targeted to meet the needs of the community.
An Agency Fund is a fund established with Our Community Foundation by a nonprofit organization. The Agency Fund allows the organization to take advantage of the Community Foundation’s investment management and frees the organization from related administrative work.
A Donor Advised Fund makes it possible for you to consolidate your charitable giving into one vehicle. Once the fund is established, you may recommend grants at any time to any 501(c)(3) public charity. When you establish a Donor Advised Fund, you retain the ability to recommend which organizations are to receive grants from it.
A Scholarship Fund enables you to help deserving students. You can designate any level of education, a field of study, and eligibility requirements within parameters established by the IRS. All scholarship awards to individuals are made on an objective, nondiscriminatory basis from a pool of persons chosen based on criteria reasonably related to the purposes of the fund from which the grant is made.
**The Donation Portal uses CAPTCHA to prevent bots from spamming the Portal with fake accounts. This runs in the background and isn't seen. Although not recommended, this process can be disabled by your CSM.