04090 L 03-04 Annual Report - The Dayton Foundation

❧ Donor-Directed Fund
(Charitable Accounts,
Inc.). Each year you may
direct up to 20 percent of
your fund to the charities
of your choice.
❧ Designated Fund. You
designate a favorite charity
or charities to receive
ongoing support.
❧ Scholarship Fund. You
may decide the criteria
students must meet and
how the scholarship must
be used. If you decide to
select a scholarship advisory
committee, one of the
Foundation’s experienced
and capable staff members
will help administer the
scholarship and serve
on the committee.
❧ Field-of-Interest Fund.
You identify a particular
area of interest, and The
Dayton Foundation will
award grants from your
fund where need is strongest
within your interest
area.
❧ Emerging Community
Needs Fund. You give the
Foundation the discretion
to determine where overall
community need is greatest
and where your funds
can do the most good.
Sustained Giving –
Alternatives to a Private
Foundation
The following alternatives
are more cost-effective than
a private foundation, have
increased tax advantages
and benefit from the Foundation’s
83 years of charitable
giving experience.
More information about
these alternatives is available
on p. 60.
❧ Family Foundation
SM
Plus is a donor-directed
fund offering the advantages
of a private foundation,
including multigenerational
involvement and
longevity, without the
hassle and expense.
❧ Family Foundation
SM
Plus–Advised is an advised
fund offering many of the
same benefits as Family
Foundation Plus, but enables
currently existing
private foundations to be
rolled into this new donor
service vehicle.
❧ Supporting Organizations
are separate charitable
entities established
under the umbrella of The
Dayton Foundation.
Through its own board
of directors, which must
include at least one representative
from The Dayton
Foundation, a supporting
organization determines
its own investment strategy
and grantmaking priorities.
No annual grant distributions
or excise taxes are
required. Gifts to supporting
organizations qualify
for maximum tax benefits,
including full deductions
for contributions of real
estate and closely held
stock.
❧ Donor-Advised Fund.
See listing under Endowment
Funds.
Gift Vehicles
Gifts of cash, appreciated
securities, real estate and
other tangible personal
property can be used to
establish or add to funds
or to fund gift vehicles.
You also may create a plan
for making a future gift
through your estate or a
plan that provides income
for life.
Outright Gift Options
❧ Life Insurance. Earns
you an immediate tax
deduction approximately
equal to the policy’s replacement
cost or current
cash value (not to exceed
your basis). Any additional
premiums that you pay
are deductible.
❧ Bequest. Enables you
to retain the use of your
assets or property during
your lifetime, while providing
for charity after
your death.
❧ Retirement Plan Assets.
Significantly reduces your
estate tax liability, which
may allow you to give
more not only to charity,
but also to your heirs.
❧ Life Estate Remainder
Interest. Enables you to
retain the use of your
property, such as a home,
farm or vacation property,
during your lifetime, while
providing an immediate
tax deduction in the year
the gift arrangement is
made.
❧ Payable on Demand
and Transfer on Death
Beneficiary Designation.
Allows you to designate
your charitable fund as
the recipient of the asset
after you have passed
away, without affecting
your control of the asset
during your lifetime.
Gift Options that
Produce Income for You
and/or Others
❧ Charitable Gift Annuity.
Provides lifetime fixed
income, part of which is
treated as tax-free return of
principal, and an immediate
income-tax deduction
for the gift, with the remainder
going to create
your charitable fund at
the Foundation.
❧ Charitable Remainder
Trust. Provides income
annually and significant
tax benefits over the term
of the trust, plus it decreases
the size of your
taxable estate. The remaining
gift amount is used
to establish a charitable
fund of your choice.
❧ Charitable Lead Trust.
Offers an income tax, gift
tax or estate tax charitable
deduction in the year the
trust is funded. It builds a
charitable fund over time,
with the remaining balance
transferred to you – or to
the individual(s) you have
named – at the end of the
trust’s term.
How You Can
Learn More
If you or your financial
or legal advisor would
like more information
about any of these current
or deferred charitable
fund or gift
options, the following
Dayton Foundation staff
would be pleased
to help you.
Joe Baldasare, vice
president, Development,
(937) 225-9954
Senior Development
Officers:
Jan Clark, attorney,
(937) 225-9947
Bud Marks, retired CPA,
(937) 225-9951
Beth Schaeffer, attorney,
(937) 225-9956
Design:
Bob Bingenheimer
Principal Photography:
Gordon Morioka
Printing:
Progressive Printers
Paper:
MeadWestvaco Anthem ®
Matte 80 lb. text and cover
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