Ways to Give

The Charlevoix County Community Foundation offers a wide variety of giving options to individuals, families, businesses, and nonprofits.

Cash:  

A cash gift is the easiest way to give. Your donation is deductible as a charitable gift for federal tax purposes.

 

Bequest:

Future gifts through estate plans are a simple and popular method for supporting the causes you care about through the Community Foundation. A charitable bequest can be a specific dollar amount, a percentage of your estate, or what remains after other bequests — including those to family members — are made.  Learn more about how to leave a legacy and the Legacy Society.

 

Life insurance:

Name the Community Foundation as a beneficiary of a your policy (or a portion) or purchase a new policy to benefit causes you care about most.

 

Retirement assets:

Support your charitable interests while achieving significant tax advantages for your heirs by directing a portion of your retirement assets (such as an IRA) to the Community Foundation in your estate plan.

You may be able to use retirement assets to give now.  Are you 70 1/2?  Do you have an IRA?  Learn more about the benenfits of making a Qualified Charitable Distribution (QCD) to the Community Foundation.

 

Securities:

Gifts of appreciated stocks or bonds can provide a maximum charitable benefit while reducing or eliminating the impact of capital gains taxes.

 

Professional Advice

The Charlevoix County Community Foundation provides general gift, estate, and financial planning information and does not provide legal, accounting, or other professional advice.  For assistance in planning charitable gifts with tax and other financial implications, the services of appropriate professional advisors should be obtained.  An attorney should be consulted for advice if your plans require preparation or revision of a will, trust, or other legal document.  Tax issues can required specialized assistance too, as tax deductions may vary based on individual circumstances and applicable federal discount rates.