Assets to Give

 

We accept a range of assets.  Whether establishing a fund, making a contribution to an existing fund, or supporting one of our collective giving funds (such as The Leadership Fund), we make giving convenient and simple. 
 

Cash 
Cash, usually in the form of a check, is easy. Cash gifts enable you as a donor to claim a current tax deduction of up to 50% of your adjusted gross income in any one year when you itemize deductions, with the excess, carried forward for an additional five years.
 
You may give online or send a check.   To give by check: Please make the check payable to the Community Foundation for Palm Beach and Martin Counties.  At the bottom of the check, write the name of the fund (e.g., The Smith Fund of the Community Foundation.)  
 
Securities
We accept all appreciated securities as charitable gifts. After the security is liquidated, the full value of the gift is available to support your charitable goals.
 
  • Gifts of appreciated securities offer tax advantages, as their full fair market value is deductible as a charitable contribution up to 30% of your adjusted gross income each year when you itemize deductions. 
  • Deduction amounts that exceed the limit can be carried forward for up to five additional years. 
  • You do not have to pay federal or state capital gains taxes on the appreciated portion of the gift. 
 
For wiring instructions, please call Gloria Ortega Rex, Vice President for Finance, at 561-659-6800 or via email
 
Life Insurance Policies
Many people find that the protection offered by life insurance policies is no longer needed later in life.  A life insurance policy can become another convenient and effective way of meeting your charitable goals.  By simply transferring ownership of a cash value policy to the Community Foundation makes you eligible for a charitable tax deduction based on its current value. 
 
Additional giving options include:
  • IRAs 
  • Closely Held Stock
  • Real Estate

 

 

 

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