Growing… - Community Foundation of Herkimer

We make giving easy by providing
a wide range of giving vehicles:
cash, stock, property, life insurance
and real estate. Charitable
donations can be made during
your lifetime or planned for the
future through your estate. Gifts to
The Foundation benefi t from the
maximum tax advantages and are
appreciated regardless of size.
Fulfilling Your Charitable Goals
We offer a variety of fund types
through which you can address
your charitable vision: a Field-of-
Interest, Designated, Donor-Advised
or Scholarship fund; or you can
create an Unrestricted fund and
allow our Grants Committee to use
its expertise in responding to the
most urgent current community
needs.
Over the past 50-plus years, we
have established funds for donors
concerned about virtually every
type of human or societal need.
The grants report starting on page 6
indicates the multitude of causes
that benefi ted from our funds in
2010.
Bequest by Will
Including a charitable bequest in
your will is an easy way to transfer
assets to charity and make a lasting
gift to your community. When you
make such a gift to The Community
Foundation, we establish a special
fund that becomes your personal
legacy (also see Legacy Society on
page 36).
You create the legacy while
continuing to enjoy the assets you
need to maintain your current
lifestyle. What’s more, you are able
to re-distribute some or all of your
assets tax-free.
Examples of language that can
be used in your will for a bequest
can be found on The Foundation’s
website or provided by our staff for
use with your professional advisor.
Ways to Give
Lifetime Gift: Watch your
philanthropic dollars make a
difference and make a personal
connection to your community by
establishing a fund now.
Bequest: Leave a legacy by
making a long-lasting gift through
your will.
Charitable Remainder Trust:
Receive income from a trust
and designate the remainder to
create a philanthropic fund. You
receive an immediate charitable
deduction for a portion of the gift
and may avoid capital gains taxes.
Charitable Lead Trust: Create a
trust that stipulates a dollar amount
to go to charity over a specifi c
period of time. At the end of the
trust term, the principal of the
trust passes back to an individual
benefi ciary.
Retirement Fund: Gift the assets
from your retirement fund by
naming The Foundation as a
benefi ciary. You can start a
philanthropic fund and receive a
charitable deduction.
Life Insurance: The Foundation can
be designated as the owner and/or
benefi ciary of the policy.
General Gifts: Cash or stock gifts
of any size are welcomed and
appreciated at any time. They can
be made in honor or memory of
a special person or event in the
donor’s life, and can be added to
an existing fund or placed in the
general endowment.
For More Information
More information about giving
through The Community
Foundation, including starting a
fund, leaving a bequest or making
an online gift, is available at
www.foundationhoc.org or by
calling us at 315-735-8212.