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By giving through the Community Foundation, you are supporting local philanthropy. The benefits we provide you are:
Pooled Community Funds
Pooling community funds allows for maximized investment returns as well as a greater impact of philanthropy directed at your local community level.
Resource for Understanding the Needs of the Community
The Community Foundation exists to be a philanthropic resource for our community and we have a thorough understanding of the needs of the Pierce County community, as well as the nonprofit organizations serving those needs.
Administrative Support, Education and Philanthropic Consultation
The Community Foundation provides you with a high degree of personal service in setting up a fund or making a gift. In addition, we provide educational events, philanthropic news and information, as well as inspiration and tools to connect your values and your philanthropic decisions.
We have the resources available to assist you in learning about the philanthropy in our area, as well as to provide you consulting on the variety of funds and donor options. We are also always available to discuss philanthropy with you.
Ability to accept gifts of various sizes and types
The Community Foundation offers a variety of customized giving options that allow you flexibility in your giving.
Tax Advantages
The Community Foundation is a public charity. As classified under Section 501 (c)(3) of the IRS code, all contributions to a community foundation are fully tax-deductable. This means:
• You can deduct the optimal value of your gift for tax purposes in a specific and/or particularly advantageous year, yet provide for the distribution of your donations over a course of time.
• You (and your heirs) can avoid punitive estate taxes on gifts made to the community foundation.
• With a gift of appreciated stock to the foundation, you can avoid costly capital gains taxes while realizing the maximum tax-deductibility of your donation.
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