Ways to Give
The Community Foundation is a vehicle for individuals, families, not-for-profit organizations and business to establish permanent named funds that will provide grants in perpetuity to the widest range of local charitable organizations and programs. Since inception grants have totaled nearly $4 million to local not-for-profit organizations and scholarship recipients from a pool of approximately $10 million in nearly 150 funds. For a list of our current funds to date click here.
|Types of Funds||Distributions|
|Fund for the Future||Distributions to be decided by the Community Foundation.|
|Designated Funds||Donor decides now who beneficiary will be.|
|Organization Endowments||Not-for profit organization uses the Community Foundation to start endowment. Distribution only to that organization.|
|Field of Interest Funds||Donor decides now types of beneficiary.|
|Donor Advised Funds||Donor advises the Community Foundation annually as to preference of beneficiary.|
|Step-up Fund||Fund can be started with a small gift to be fully funded in several years.|
Ways to Give
- An out-right gift of any asset such as cash or appreciate assets which can help save on income and capital gains taxes.
- Gifts of all size are welcome.
- Gifts may be added to any existing fund.
- Bequest thought a will.
- Beneficiary designation of retirement assets (IRA, 401-K, etc.)
- Beneficiary of life insurance policies or trusts.
- Charitable gift annuity- lifetime income, remainder to ECCF.
- Charitable Remainder Trust (CRT): donor or persons in donor's family receives lifetime income-remainder to the Community Foundation
- Listings in the Community Foundation publications and website.
- Named Funds - established by current gifts
- Sara Jane Stackpole Legacy Society - those who have made plans in their Will or other estate planning to benefit the Foundation with future gifts.
For more information about how you can create your own legacy through the Elk County Community Foundation please contact your attorney, accountant, financial advisor. You can also contact the Community Foundation directly through our contact page.