Methods of Giving
Those who can help…Those who need help.
The ACCF provides the resources to make the connection.
The Adams County Community Foundation (ACCF) serves as a channel for charitable resources. The ACCF provides the avenue for those who want to help provide assistance for those who need help.
These resources are used in various ways to renew a sense of independence, bridge a gap in tough times, and enhance the quality of life in the community. The ACCF makes concerted efforts to stay current with the changing needs of the community and the requirements of the organizations that serve these public provisions. This evidence and information of local need allows donors with different ideas and interests to give through a single, well-established foundation structure.
A community foundation represents an attractive, simple alternative to establishing a private foundation. Through a community foundation, people of all means are given the opportunity to make a significant contribution with the public in mind.
Listed are a number of options to donate to the Adams County Community Foundation. All of them can create change for the better:
Gifts of Cash
Gifts of cash are often preferable for people who make smaller contributions. Whether your gift is in honor of a friend or loved one or to meet your personal charitable wishes, cash gifts help us support Adams County, Indiana. The funds range in value from $3,000 to millions of dollars and support a variety of Adams County needs and services. Donors who provide support to the named funds range in dollars from five to hundreds.
Contributions of securities are attractive to people who have held stocks or bonds for a long period of time, especially when the appreciation is so great that the capital gains tax would take a substantial portion of the value if they were liquidated. Gifts of appreciated securities enable you to make a significantly larger contribution than the original cost of the securities.
A testamentary gift is a specific bequest in your will or testamentary trust. Such gifts are exempt from estate tax.
Creating A Legacy
The Adams County Community Foundation, Inc. has established a Legacy Society. The Society recognizes those individuals who have demonstrated commitment to their community by including the ACCF in their estate planning.
There are several ways to give through life insurance. You may make a cash gift, asking that the Foundation use the contribution to purchase a policy on your life, or you can give an already-owned policy. You may also assign the dividends of a policy as a gift or name The Adams County Community Foundation as a beneficiary. In addition to estate tax benefits, this giving strategy also provides an additional income tax deduction.
Charitable Gift Annuity
Charitable gift annuity provides lifetime income to the beneficiary and immediate tax benefits to the donor. Current funds include those listed below. If you would like to receive more information about charitable gift annuities please contact your estate attorney or tax preparer.
Charitable Remainder Trusts
Charitable remainder trusts offer a triple advantage. First, you receive an immediate tax deduction for a charitable gift. Second, assets are removed from your estate avoiding future estate taxes. And third, you or someone you select can receive a lifetime of income from your gift. For more information please contact your estate attorney or tax preparer
Charitable Lead Trusts
A donor may name the Adams County Community Foundation and other charities as beneficiaries of a specified percentage of income from a trust for a set number of years. Ultimately, the bulk of the trust reverts to other named beneficiaries, such as children or grandchildren.
Private Foundation Transfers
Transferring a private foundation will preserve the identity and purposes of the original donor and family members. There are no taxes to pay and the Adams County Community Foundation assumes all administrative responsibilities. Additionally, a private foundation transfer offers flexibility, administrative savings, quarterly reports and automatic annual audits. You have the satisfaction of knowing a permanent organization is in place to carry out your wishes in the future.